Holding Ningde on the left and Huawei on the right, locking in Hong Kong stocks and selecting investment banks, Chery Automobile’s IPO is imminent.

Chery’s IPO, which sprouted as early as 2004, has accumulated too much hope and disappointment for more than 20 years.Joint-stock system reform, related party transactions, backdoor listing, and mixed reform.It seems that every step is only one foot away, and you can’t ask for it.

Zuoyong Ningde

In 2023, Yin Tongyue once threatened, "Chery New Energy is welcome!" In the age when the language was not surprising and endless, everyone was more questioning and waiting to see.

On October 18, Yin Tongyue said at the 2024 Chery Global Innovation Conference that Chery Automobile New Energy "We will cross the 80,000-vehicle mark in October and exceed 100,000 vehicles in December to ensure the third and strive for the second."

"Image source: Chery Holdings Guan Wei"

As early as 2022, Chery Group launched a comprehensive strategic cooperation with Contemporary Amperex Technology Co., Limited, aiming at utilizing the superior resources of both sides.Jointly explore the new energy vehicle market at home and abroad.

It seems self-evident that Contemporary Amperex Technology Co., Limited purchases Chery cars.

It is also worth mentioning that Chery Automobile also released the Kunpeng battery brand at the 2024 Chery Global Innovation Conference, and plannedKunpeng solid-state battery will be operated directionally in 2026 and listed in batches in 2027.

Youbaohuawei

Accompanied by "new energy", "intelligence" is also a popular concept.Intelligent competitiveness has become the highland and strategic fulcrum for the new development of industries and enterprises..

"In the past, we all went to suppliers with our necks up, but now we all go with our heads down." Yin Tongyue said that the cooperation with Huawei promoted Chery’s technological innovation and improved the quality standards of the whole supply chain, and took the opportunity to learn quality control management from Huawei.

Although it basically failed, relying on Chery’s vehicle manufacturing capability, Huawei’s deep technical blessing and the gradual deepening of technical integration between the two parties, the market performance of Zhijie R7 is still worth looking forward to. It may become a new explosion point of Chery automobile, and take this as a start to fulfill Chery’s promise of being intelligent and impolite.

Qiangqiang exit

When the domestic market is being killed vigorously, the advantage of having a foreign market can be described as a timely help.

From Straw House to Top 500 in the WorldChery group (automobile sector) finally ushered in the dawn of listing.

Chery Group said that the company isThe only one in the whole industry to achieve "double growth" of new energy vehicles and fuel vehicles; "Double growth" in domestic and overseas marketsAutomobile companies.

Text | Investor Network Xie Yingjie

With the aura of "the first share of high-end snacks", Liangpin Shop Co., Ltd. (hereinafter referred to as "Liangpin Shop", 603719.SH) has steadily increased its revenue in recent years and its stores have continued to expand. But at the same time, the company is also facing the dilemma of shareholders taking turns to reduce their holdings and the market value evaporating.

The core competitiveness of a good shop lies in its perfect product supply chain and rich industry experience, but there are still some problems such as quality control and low R&D expenses caused by OEM mode. Under the influence of high competition in the industry, the company has fallen into a vicious circle of stagflation in recent years, and its gross profit margin has also dropped from over 30% to around 27%.

Today, good shops have announced their return to the image of their neighbors. More than 300 sharp goods and explosive products have reduced their prices by an average of 22%, with the highest drop of 45%. After the news landed, the capital market gave an eager response, and the company’s share price went up and down twice.

However, there are still many practical problems before the company. On December 30, 2023, the second largest shareholder once again threw out the reduction plan.

Both revenue and net profit declined.

In the past two years, the performance of snack food companies has been generally under pressure. In addition to the pressure of high performance in previous years, the most important factor is the influence from the channel side. Snack shops have blossomed everywhere, and new brands such as "Zhao Yiming Snacks" and "Snacks Busy" have won the favor of capital, which has accelerated the pace of "staking the land".

As the industry enters the Red Sea period of competition, good shops continue to expand through the whole category layout SKU, driving revenue, and personally participate in the snack discount track competition.

In the second half of 2022, Liangpin Store launched its sub-brand "Snacks Hard Home" to expand the sinking market by joining mode, and the store mainly sold third-party brand products. In April 2023, Guangyuan Juyi, a wholly-owned subsidiary of Liangpin Store, invested 45 million yuan to participate in Zhao Yiming Food, and held 3% of the shares at that time.

A few months later, Liangpin Store sold all its shares, and at that time, the valuation of Zhao Yiming was only 3.5 billion yuan. Only 22 days after the equity transfer, Zhao Yiming announced the merger with Snacks, with an overall valuation of 10.5 billion yuan.

Liangpin Store is suing Zhao Yiming recently because it didn’t know the integration news in advance and sold its equity at a high valuation.

All of the above have intensified the operating pressure, and the performance has stagnated.

From 2020 to 2022, the operating income of good shops was 7.894 billion yuan, 9.324 billion yuan and 9.440 billion yuan, with growth rates of 232%, 18.11% and 124% respectively, and the net profit returned to the mother was 344 million yuan, 282 million yuan and 335 million yuan, with growth rates of 0.95% and-18.000% respectively.

In the first three quarters of 2023, the revenue of good shops was 5.999 billion, down 14.33% year-on-year; The net profit was 1.91 billion yuan, down 33.43% year-on-year; Among them, the net profit in the third quarter was only 1,998,400, a further sharp drop of 97.88% year-on-year.

The third quarterly report showed that the decline in net profit was mainly affected by changes in the market and platform, the operating income of online channels declined, and the proportion of fixed expenses attributable to shareholders of listed companies increased.

The turnover rate of total assets also showed a downward trend, with 1.49 times, 1.38 times and 1.18 times from the first three quarters of 2021 to the first three quarters of 2023 respectively. This means that the overall operating costs have increased and the growth momentum has shown signs of decline.

As a result, some research institutions have lowered their profit forecasts. Considering that the company’s online business is in the adjustment stage and the layout process of offline stores remains to be seen, Everbright Securities lowered its net profit from 2023 to 2025 to 2.72/3.85/431 billion yuan (down 35.3%/27.54%/31.55% compared with the previous one).

Homogeneous competition depresses gross profit margin

Liangpin Shop is the representative of the last round of snack chain operation. It cut into the market with high-end snacks, opened up offline channels and actively embraced e-commerce and landed in the capital market.

In order to get deus ex from low-end snacks, in 2018, good shops began to market "high-end personal products". The company upgraded its Logo, replaced its brand image with a simple "good" mark, and offline stores began to take the "apple style" with a generous atmosphere. In marketing, the company highlighted internationalization, youthfulness and high-end.

Among the domestic leisure and snack listed companies, only the online and offline channels of good shops account for an even proportion of revenue, and the two channels basically account for half of the revenue. By the end of the third quarter of 2023, there were 3,344 stores in the company, of which direct sales accounted for about 40%.

Among peer companies, Three Squirrels (300783.SZ) and Miss You (002582.SZ) mainly earn online income, and online sales revenue accounts for about 80%; Laiyifen (603777.SH) and qiaqia Food (002557.SZ) mainly rely on offline store revenue, accounting for about 90% of offline revenue.

Online or offline performance growth problems will put pressure on the company’s overall profitability, and the high sales expenses are also dragging down the gross profit margin. The data shows that the sales expense in the third quarter of 2023 was 1.15 billion yuan, accounting for 19.17% of the total revenue.

From the results, the high-end not only failed to improve the profitability of enterprises, but left the impression of "snack assassin" to the market.

The financial report shows that the gross profit margin of good shops has dropped from over 30% in previous years to about 27%, and it was 28.54% in the first three quarters of 2023, which is at a low level among similar enterprises. In terms of peer-to-peer companies, the gross profit margins of Yanjinpu and Laiyi are around 38% and 42% respectively.

In the pre-sale list of double 11 Tmall leisure snacks in 2023, good shops also fell out of the top 10, while in 2022 and 2021, they ranked eighth and second respectively.

In the secondary market, in 2023, the share price of good shops kept falling. From February to September, 2023, the share price dropped from 40 yuan to below 20 yuan.

The stock price downturn is the result of multiple factors: limited product competitiveness, wrong management decisions and overall stock market decline, while the far-reaching background is that the snack industry is changing rapidly-from consumption upgrading to discounts.

Shareholders issue a reduction plan.

According to the data of China Commercial Industry Research Institute, offline channels still account for more than 85% of the circulation share of snack foods. Modern channels such as snack specialty stores and convenience stores continue to occupy the market share of traditional small stores, while the growth of e-commerce platforms is gradually slowing down.

As an old brand, the concern of a good shop is obvious. The most worrying thing is that it will lose its right to speak in the process of playing games with new channels and eventually become a foundry role.

Yang Yinfen, the new chairman of Liangpin Store, recently announced a large-scale product price reduction. According to the open letter issued by the chairman of the board of directors on November 29th, the price of 300 products from all channels of the company was reduced simultaneously, with an average price reduction of 22% and the highest drop of 45%, which was the largest price reduction for the first time in the 17 years since the establishment of the company.

After the news of price reduction was released, the share price of good shops rose sharply. On December 1, it closed at 21.32 yuan/share, recording a daily limit. At this time, it has fallen by 46.18% from the high point of the year in February. In the last month, its share price is still hovering around 20 yuan/share.

In the view of some organizations, good shops are still actively transforming and have achieved some results. Some investors are also worried that under the mode of OEM, the cost and difficulty of quality control in good shops will increase, which will bring product quality problems.

The root cause lies in the brand’s high dependence on the foundry, lack of product research and development capabilities, and price reduction "treats the symptoms rather than the root cause". In the first three quarters of 2023, the research and development expenses of good shops were 36.2 million yuan, accounting for 0.6% of the revenue; In the same period, the research and development expenses of Yanjin Puzi and Chacha Food were 63.19 million yuan and 43.09 million yuan, accounting for 2.1% and 1% of the revenue.

It is worth noting that some shareholders are voting with their feet.

On December 30th, Liangpin Store announced the reduction of shares. Dayong Co., Ltd., the second largest shareholder holding 26.05%, plans to reduce the company’s shares by no more than 12.03 million shares, and the reduction ratio does not exceed 3% of the company’s total share capital.

During the period from May 25th to November 29th, 2023, Dayong Limited reduced its holdings by 17 million shares, accounting for 4.25% of the company’s total share capital, and cashed in 404 million yuan.

Good shops also suffered a clearance of high-quality goods. During the IPO of Liangpin Store, Gaochun Capital held a total of 46,800,300 shares, accounting for 11.67% of the total share capital. As of September 30, 2023, the number of shares held by Gaochun Capital was 16,040,600, and the shareholding ratio dropped to 4%.

To sum up, the transformation of good shops is still in its infancy, and there is still a long way to realize large-scale benefits. The recent shareholder reduction and the lawsuit against Zhao Yiming have cast a layer of uncertainty on the company’s future. Research institutions are cautious about the company’s secondary market forecast, and remind investors to be alert to trading risks.

　 　 Thank you for waiting! Taking advantage of this Tokyo Auto Show, Aika Automobile visited the Fufang factory and the Meini test site in Yamaguchi Prefecture, Japan at the invitation of Mazda. Mazda RX-VISION gained a lot of popularity in Tokyo Auto Show, but its Skyactive-R has never been unveiled. However, this mystery has further increased our enthusiasm for rotary engines. After all, in addition to the rare Mazda RX-8 in China, there are only "parallel imports" RX-7 that are scattered in the south, and their appearance rate on the streets of Beijing is not even as high as that of a group of Italian supercars.

　　　　During this visit, we not only saw many models of rotary engines, but even had the privilege of driving them personally and experienced the unique charm of rotary engines. After the baptism of time, do these rotary engine models still have charm? In this article, we will take the lead in showing their posture in a static way.

　　　　Le Mans — — Mazda 787B

　　　　Speaking of the strongest rotary engine model, the first car presented in the minds of many fans must be the RX-7(FD). Indeed, as a civil rotary engine, FD is worthy of the word "strongest", but if we only consider the field of civil vehicles and ignore the performance of the stadium, it is obviously impossible to say all the charm of rotary engines. When it comes to the most legendary Mazda rotor model on the field, I believe you have already heard the story of Mazda 787 family in Le Mans.

　　　　In fact, as early as 1983, Mazda had begun to participate in the newly established Le Mans Group C Junior race with the prototype racing car code 717C (Group C Junior, with a minimum vehicle weight of 700 kg, a maximum fuel tank capacity of 55 liters, and the specified replenishment times within 25 times). Mazda, who first entered Le Mans, showed strong strength. With more and more racing experience, Mazda also launched a series of prototype cars of Le Mans, such as 727C, 737C, 757 and 767/B, but missed the title of Le Mans several times.

　　　　Until June 23, 1991, the champion of C2 group in Le Mans 24 Hours was taken away by a Japanese racing car for the first time, and this racing car was officially the 787B model of Mazda 787 family. It not only became the first Japanese racing car to win the championship in Le Mans, but also the only one that used rotor engines.

　　　　Its code name is R26B four-rotor engine, which is based on the 13J-MM model of 767. Structurally, two twin-rotor engines are connected in series, and each rotor is attached with three spark plugs. The displacement of a single rotor is 654ml, and the total displacement is 2616ml, which can output the maximum power of 700ps at 9000rpm (it is said that the maximum power of this model can reach 800ps at 10000rpm, but considering that the engine needs to run under continuous high working conditions for 24 hours in the competition, a conservative setting of 700ps/9000rpm is adopted).

　　　　In this year’s 24 Hours of Le Mans, a total of 44 world-class cars competed in the same race. Facing the harsh competition environment, only 12 cars finally finished the race. The three racing cars of Mazda Team are all among the top ten (ranked first, sixth and eighth respectively) under the siege of European powers (Mercedes-Benz, Porsche, Jaguar and other established manufacturers), and the No.55 racing car painted with orange and green is the champion of the 24 Hours of Le Mans in one fell swoop.

　　　　However, with the arrival of the 1992 season, the FIA cancelled the C2 group of the 24 Hours of Le Mans, and Mazda’s rotor legend in Le Mans became a swan song with the end of the 1991 season.

　　　　It’s a little pity that the 787B No.55 car that won the Le Mans Endurance Championship was not the one that appeared in this visit, but the JSPC-style 787B No.3 car in 1991. Speaking of the naming of the 787 car series, there is also an interesting story. As the successor of the 767B car series, Nigel Stroud, the designer of 787, intended to use 777 as the code name of the new car, but because the pronunciation of "777" in Japanese is very awkward (in Japanese, 7 is pronounced as "ななな" when used as a quantifier, and its pronunciation is similar to "NaNa", so 777 will be pronounced as "nana". Therefore, the number will be postponed to 787.

Bao Beier, a controversial figure in the entertainment circle of China, has gradually become familiar to the audience in recent years, especially in his villain role, which is surprising. In the recent film and television work "Fighting Black", he played the evil force Wei Tianlang, which not only caused a heated discussion, but also made people think deeply about his acting career and the road to transformation. In this article, we will start with Bao Beier’s early experience, gradually analyze his career, achievements and social evaluation, and comprehensively analyze this complex and multifaceted artist image.

Early experience: growing up under the stage

Bao Beier, born in Gansu, China in 1984, as a child of an ordinary family, had a strong interest in performing since childhood. As a teenager, Bao Beier was a diligent student. He signed up for many extracurricular activities, including drama clubs and various performance competitions, which showed his early artistic talent. After graduating from high school, he successfully entered Shanghai Theatre Academy and started his own professional performance. Here, Bao Beier not only accumulated a solid performance foundation, but also made many friends from his future peers, which laid a good foundation for his future career.

Career: from comedy niche to villain challenge

After finishing his studies, Bao Beier entered the entertainment circle, and at the beginning, he made his mark in many comedy programs with his comedy talent. His humor and excellent acting skills quickly attracted the attention of the audience. In the variety show The Good Voice in 2014, he was widely recognized for his unique humorous style, which laid the foundation for his later career. Later, he continued to be active in film and television dramas, became famous for his comic role, and became the "sketch king" in the eyes of the audience.

However, Bao Beier’s success in comedy didn’t stop him. Facing the audience’s approaching expectations for him, he began to consider the transformation and try a more complex and profound role. In this process, he was challenged and questioned.

The key event: the transformation and questioning of the villain role

Just as Bao Beier was actively exploring new roles, his role as Wei Tianlang in the film "Fighting Black" made him completely enter the whirlpool of controversy. The setting of this role completely subverts the image he left to the audience before and becomes a typical representative of evil forces. Although this transformation made him more famous, it also attracted a lot of criticism.

Many viewers and critics have expressed doubts about Bao Beier’s acting skills after watching the movie, thinking that his performance is still superficial and lacks depth and realism. In an interview, Bao Beier said frankly: "I hope to constantly break through myself and challenge different roles, but sometimes I do encounter many questions and even criticisms. In the face of this, I can only accept it with humility and then play every role with my heart. "

Climax and turning point: bravely facing the controversy

Just when everyone thought that Bao Beier’s transformation would fail, and even have a great impact on his career, he showed an extraordinary courage in "Fighting Black". The profound description of violence and evil forces in the play makes his seemingly simple performance more emotional and complicated. This time, he did not choose to avoid the controversy, but actively embraced the challenge. Instead, he repositioned himself and won the recognition and appreciation of some audiences.

After this play, Bao Beier gradually realized that a real actor should not only rely on superficial performance, but also be delicate and true in all aspects of his role. He began to pay more attention to the inner shaping of the role, hoping to bring more profound feelings to the audience in his subsequent works.

Multi-dimensional image: the reaction of the public and the media

In the process of Bao Beier’s transformation, the attitudes of the public and the media towards him are changeable. On the one hand, some media have sharply criticized his villain role, thinking that he still needs to improve his acting skills before he can really play the villain role in place. On the other hand, some viewers expressed their understanding and thought that Bao Beier’s courage to try new roles was commendable, expecting him to bring more surprises in the future. In this way, Bao Beier’s image is becoming more and more complicated in the constant challenge and reflection.

Summary and enlightenment

To sum up, Bao Beier’s acting career is a road of constant exploration and challenge. From a comedian to a villain today, he has experienced many twists and turns and doubts, but he has also grown and changed in the process of continuous progress. Bao Beier is not only an actor, but also represents a kind of courage to pursue his dreams.

This is enlightening to everyone who is exploring their own path. In life, we may face many tests and incomprehension, but as long as we are brave enough to face it and always stick to our dreams, we can open up a glorious road of our own. Whether Bao Beier can continue to challenge himself and win the hearts of more audiences in the future performing arts career is worth our expectation.

Editor in charge:

　　Beijing, March 14 (Reporter Yuan Xiuyue) As a hot topic in the film and television circle in recent years, the female theme has produced many explosive dramas. But there is one that is always the "Bai Yueguang" in the hearts of domestic drama audiences. That’s Pink Girl, which is adapted from Zhu Deyong’s comic book Bitter Girl.

　　It makes four girls, heartthrob, man-woman, marriage fanatic and Ha Mei, become many people’s first cognition of urban women.

　　Recently, The Ideal Life of Love, adapted from Bitter Girl, was broadcast. Over the past 20 years, what changes have taken place in the image of astringent girls?

　　Cover of Bitter Girl

　　"In modern cities, love always belongs to yesterday and marriage always belongs to tomorrow."

　　The Bitter Girl was first published in 1992, and Zhu Deyong mentioned his creative motivation in the preface. He noticed that the single ethnic group in society is expanding rapidly and has developed a unique set of ideas and lifestyles, which made him have the idea of creating cartoons.

　　In Bitter Girl, he divides single women into four extreme types: one wants love instead of marriage, the other wants to work without love, the other wants to marry all men, and the other can’t figure out anything. The four types correspond to heartthrob, workaholic, marriage fanatic and naive girl respectively.

　　Zhu Deyong adopts the form of four-grid cartoons, and narrates around the personal characteristics of four single lady, focusing on the dialogue between them, with no storyline. Because of the author’s careful observation of society and unique and spicy brushwork, Bitter Girl also has a cold and humorous irony effect.

　　For example:

　　Workaholic: Women don’t need to get married to prove that they are wanted.

　　Workaholic: Similarly, a woman who doesn’t get married doesn’t prove that she is unwanted.

　　Marriage maniac: Wow, amazing, what a new woman.

　　Workaholic: Alas, women can only prove whether they are new women by getting married or not.

　　Cover of Bitter Girl

　　Four single lady live in an apartment, which is very fashionable today, so why are they called "astringent girls"?

　　The astringency here is "raw astringency". Zhu Deyong explained: "They have a unique personality on the outside, or they are often labeled as typed by others, but at heart they are a group of people who are not so sure about themselves; Whether they break through the shackles or live by tradition, they don’t really know what they want. Their breath, mixed in this prosperous era, has a particularly raw flavor. "

　　There are personal choices behind this, and more is the change of the times. In 2003, "single woman economy" was still a new word, and the first generation of urban women were facing unprecedented changes. In the past, women mostly lived according to the traditional trajectory, and revolved around their families all their lives, without real self. In modern society, whether it is career or marriage, they have more choices in life, but they also have more confusion.

　　To sum up, their ideas have changed, but the reality has not changed. In Zhu Deyong’s words: "Today’s women, under the requirements of society, still have to be as soft as silk, but they have to be as hard as king kong."

　　Under the humorous shell of Bitter Girl, it is full of such helplessness and contradiction.

　　Poster of Pink Lady

　　Become a heartthrob or a man woman?

　　By the TV series Pink Girl in 2003, the four single lady’s personalities were even fuller, and their friendship of helping each other became an important part of the TV series.

　　In cartoons, heartthrobs are keen to be mistresses of different men and know how to play with them in the palm of their hands with their own appearance advantages. In the fast-food love game in modern society, she comes and goes freely, which is admired by many people. Her sober attitude towards love and marriage also resonates with many modern women.

　　Video screenshot

　　In the TV series, heartthrob is more flesh and blood outside the label. Her father is a university professor, and her family wants her to have a stable job and marriage. But she likes to experience life and doesn’t accept the same life, so she went to Shanghai from her hometown to work hard. The heartthrob sees love and marriage thoroughly, and it is not gifted, but is summed up from experience after experience.

　　Workaholics in comics are only interested in making money, and occasionally fall in love with their partners as employees. In the play, the man and woman work hard because she wants to build a primary school for her hometown.

　　Video screenshot

　　In contrast, the marriage fanatics and naive girls in comics are not very popular. The marriage fanatic’s attitude towards marriage scared many people, but in the TV series, she became the protagonist. Although her appearance is ordinary, she is kind and persistent. Her persona is more like Cinderella, and finally the screenwriter gave her a prince charming, which brought her together with Wang Hao.

　　Video screenshot

　　Naive sister is not much different. Ha Mei in the play likes to follow the trend and is enthusiastic, but she is always in a daze.

　　Four single lady look at the world around them with women’s eyes, showing the unique lifestyle of urban women. However, they also have stereotypes about women from outside, such as being obsessed with work, being in love unintentionally is a man woman, being enchanting in appearance is a fox, and the value of women is reflected in whether men like them or not.

　　Video screenshot

　　Some people think that Pink Lady is new in appearance, but they are still a generation of old women in internal ideas.

　　This is related to the degree of social development, and also related to the way TV plays are created. The cartoonist’s perspective is an observer outside the bureau, and making a TV series requires a dominant value. The TV series pursues a warm and touching style, so it loses the humorous and spicy effect of the original. Finally, the sharp point of view is also buried in the happy family story.

　　Video screenshot

　　Break the stereotype of single women

　　From the industrious and gentle Liu Huifang in Desire, to the heroine in Hua Qiangu in Empresses in the Palace, and then to the urban women with different backgrounds in Nothing But Thirty in Ode to Joy. In recent years, the female images in domestic dramas have undergone weak and obvious changes — — From attachment to family to the pursuit of self-independence.

　　Nowadays, the most popular heroine is neither a hard-working and selfless traditional woman, nor a fool saved by the hero, as can be seen from Su Mingyu in Everything is Fine and Wang Manni in Nothing But Thirty. They are all capable, strong and independent.

　　"The Ideal Life of Love" stills Yin Tao plays "heartthrob"

　　In The Ideal Life of Love, the four heroines are also different from those in comics. The biggest change is the desalination of labels and the disappearance of stereotypes. The heartthrob is no longer a charming big wave and a proud figure, the workaholic is no longer a man-woman, and the marriage madman has no two buckteeth. Only the naive girl is still catching up with the trend, and now it is two yuan.

　　A heartthrob doesn’t attract men by appearance, but by changing boyfriends, it’s more about pleasing yourself. Workaholics don’t just make money, but seek self-worth at work. Marriage fanatics are not unable to get married, but want to live a standard life because they have lived a good life since childhood. Naive sister has a shallow experience, but she insists on her hobbies.

　　"The Ideal Life of Love" stills Xia Ruoyan plays "Workaholic"

　　In the play, female roles are not saved by men, and even male roles are weak. Four people are either rich second generation or strong women, and there is almost no material pressure. As for whether they are married or single, they also have clear personal positions. To some extent, this drama does provide an ideal life for contemporary urban women.

　　"The Ideal Life of Love" stills Yi Song plays "Marriage Mad"

　　However, this is also its weakness. The people in the play are glamorous, just like living in a model room. Without the complicated background of reality, women’s pain and choices are also indifferent. If "Pink Girl" is less sharp, then this drama has created a crystal ball. Although it looks beautiful, it is only a fairy tale after all.

　　"The Ideal Life of Love" stills Angel plays "Naive Sister"

　　Some netizens believe that astringent girls are an attitude that is out of date at any time. In fact, whether it is comics or TV series, they are the epitome of women in different times. Today, there are also new heartthrobs, marriage maniacs, workaholics and naive girls. Perhaps, every woman is a combination of these four people. The connotation of astringent girl is changing, and the only constant is the still confused heart and the growing pace.

　　Zhang Xingwang CSI Taurus　

　　On the evening of July 3rd, Celeste issued a supplementary announcement on the purchase of assets, saying that Celeste Automobile, a holding subsidiary, plans to acquire the assets of Huawei’s Jiejie trademark and other targets for 2.5 billion yuan. After evaluation, the market value of the underlying assets is 10.233 billion yuan. In other words, in terms of valuation, it is equivalent to Huawei selling the underlying assets such as the border trademark to Cyrus at a discount of about 2.4%.　

　　Analysts believe that Wen Jie is a brand supported by Huawei, and this brand transfer shows Huawei’s sincerity. Huawei has repeatedly publicly stated that it will not build cars and sell a series of trademarks, which is Huawei’s strategic business policy, that is, to be a supplier of incremental parts for automobiles. At the same time, Huawei set up a company this year, focusing on the intelligent driving system and incremental parts business of intelligent networked vehicles. Recently, Huawei transferred trademarks such as Wen Jie, Xiang Jie and Zhi Jie to Zhixuan car partners in order to dispel the concerns of car partners about Huawei’s possible car construction.　　

　　Definitely don’t build a car　　

　　Wenjie is an automobile brand launched by Huawei and Celes by adopting the smart car selection model. This model is a cooperative model in which Huawei deeply participates in the definition, design, research and development, sales and other links. The two sides launched the M5 in December 2021 and the M7 in July 2022, but the sales were tepid. Until September 2023, after the launch of the new M7, the sales were strong, which made Huawei’s smart car selection model "out of the circle". Since then, the smart car selection mode has been upgraded to HarmonyOS Zhixing.　

　　In the first half of this year, HarmonyOS Zhixing delivered a total of 194,207 vehicles, ranking first in China’s new power brand sales. From the perspective of the industry, in June 2024, the sales volume of the industry exceeded 42,000. The new M7 delivered 18,493 vehicles in June, and the cumulative sales in the first half of the year exceeded 110,000 vehicles, ranking first in China’s new power model and second in luxury model. The sales volume of M9 reached a new high. In June, it delivered 17,241 vehicles, with a total of over 100,000 vehicles, ranking first in domestic sales of vehicles with a price of over 500,000 yuan.　

　　Then, why does Huawei sell related trademarks at the high-light moment of the brand? Pan Helin, a member of the Committee of Experts on Information and Communication Economy of the Ministry of Industry and Information Technology, told the reporter of china securities journal CSI Taurus that Huawei’s goal is very clear, and it has repeatedly stressed that it is to practice this strategic management policy by not making cars and selling trademarks. In the automotive field in the future, Huawei will focus on intelligent solutions.　

　　On March 31, 2023, Xu Zhijun, the rotating chairman of Huawei, made it clear: "Huawei didn’t build a car, nor did it have any brand of car."　

　　Pan Helin believes that Huawei’s transfer of the brand is to prevent the car dealers and Huawei brands from being fully bound. Analysts said, "The brand influence of Wenjie series is more than 2.5 billion yuan. This brand transfer shows Huawei’s sincerity."　

　　On the evening of July 3, Cyrus announced that the market value of the underlying assets such as the border trademark was 10.233 billion yuan after evaluation.　　

　　Clarify the boundary of smart car selection　　

　　Huawei established BU, a smart car solution, in May 2019. Huawei’s 2023 annual report shows that the company has unswervingly and continuously increased its R&D investment. Since the establishment of BU, a smart car solution, the accumulated R&D investment has exceeded 30 billion yuan.　

　　It is understood that Huawei cooperates with car companies in three modes: parts supply mode, solution mode and intelligent car selection. Among them, the car companies that cooperate with the intelligent car selection model are Cyrus, Chery, BAIC and JAC. This is the most in-depth mode of cooperation with Huawei among the three modes.　

　　Because Sailis is the first partner of the smart car selection model, and the series launched by both parties are selling well, Sailis has received high attention. On June 18th, the market value of Cyrus soared to 151.5 billion yuan, exceeding the ideal, ranking first in the market value of domestic new force car companies.　

　　Will Huawei’s cooperation with Cyrus be affected after it sells trademarks such as Wen Jie? On the evening of July 2, Huawei responded to the reporter’s statement that after Huawei transferred a series of trademarks such as Wen Jie to Celeste, it would continue to support Celeste to build and sell Wen Jie. Huawei has always insisted on not building cars, but using the leading intelligent networked car technology to continue to help car companies build and sell good cars.　

　　According to the reporter’s understanding, the current cooperation mode between Huawei and Cyrus is not affected, and the two sides also signed the Agreement on Further Deepening Joint Business Cooperation.　

　　In fact, Huawei not only transferred a series of trademarks such as Wenjie, but before that, Huawei also transferred trademarks such as Xiangjie and Zhijie to relevant smart car selection partners.　

　　In May 2024, Tianyancha showed that Huawei transferred its registered trademark of "Enjoy the World" to Beijing New Energy Automobile Co., Ltd. The trademark was applied by Huawei in May 2023 and registered in November. At the beginning of June, 2024, Tianyancha showed that Huawei transferred two registered "Zhijie" trademarks of transportation tools to Chery Automobile Co., Ltd.　

　　An auto industry veteran told reporters that the smart car selection model is deeply bound to Huawei, and Huawei leads the sales. Consumers buy brand cars such as Wenjie, Zhijie or the upcoming enjoyment world, mainly because consumers recognize Huawei brands and technologies.　

　　Pan Helin believes that since Huawei is a supplier, it can’t favor one over the other. Its transfer of series trademarks and equal treatment of smart car partners are conducive to determining Huawei’s role as a supplier of automotive incremental parts.　

　　Some analysts said that after the trademark transfer, the boundary of Huawei’s HarmonyOS Zhixing/Zhixuan model became clearer, and Huawei further indicated that it would not build cars, but use its own advantages to help car companies build and sell good cars. Huawei’s cooperation with other smart partners will not be affected.　　

　　Create an electric intelligent open platform　　

　　In November 2023, Huawei and Changan Automobile signed the Memorandum of Investment Cooperation. According to the memorandum, Huawei intends to integrate the core technologies and resources of smart car solutions business into the new company, and Changan Automobile and related parties will be interested in investing in the company. At that time, a person familiar with the matter told reporters that Huawei hoped to build an electric intelligent open platform with the participation of the automobile industry.　

　　Huawei hopes that more auto industry partners will invest in this new company. In November 2023, Yu Chengdong, managing director of Huawei and chairman of BU, a smart car solution, publicly stated that Huawei had sent an invitation to invest in a new company to its smart car model partners and hoped that FAW would join.　

　　In January this year, Shenzhen Yinwang Intelligent Technology Co., Ltd. was established, which is wholly owned by Huawei and is a new company established by Huawei Car BU.　

　　On July 4, the reporter learned that in order to further deepen the all-round cooperation with Huawei, Sailis is actively planning to participate in strategic investment and cooperation.　

　　When Huawei signed a memorandum with Changan Automobile, Yu Chengdong said, "We always think that China needs to build an electric intelligent open platform with the participation of the automobile industry, an open platform with a’ locomotive’. We deepen cooperation with Changan, and at the same time, we will work together with more strategic partner car companies to continuously explore new models of openness and win-win, and jointly seize the opportunity of electrification and intelligent transformation of the automobile industry. "

In the field of chemical investment, soda ash is an important basic chemical raw material, and its price fluctuation has a significant impact on the whole industry. Analyzing the reasons for the decline in the value of soda ash will not only help investors understand the market dynamics, but also provide valuable enlightenment for chemical investment.

First of all, the relationship between supply and demand is one of the core factors affecting the price of soda ash. When the supply of soda ash in the market increases and the demand is relatively stable or decreasing, the price often falls. For example, in recent years, with the improvement of domestic soda production technology and the expansion of production capacity, the supply has increased significantly. At the same time, influenced by the global economic slowdown and environmental protection policies, the demand growth of soda ash slowed down, which led to the imbalance between supply and demand and the price fell.

Secondly, the change of raw material cost is also an important factor affecting the price of soda ash. The main raw materials of soda ash include limestone, salt and ammonia. If the prices of these raw materials fall, the production cost of soda ash will be reduced, which may lead to a decline in the price of soda ash. For example, in recent years, with the development of limestone and salt resources in China, the prices of these raw materials have declined, which has further affected the market price of soda ash.

In addition, changes in the macroeconomic environment will also have an impact on the price of soda ash. The fluctuation of economic cycle, the change of monetary policy and the change of international trade situation may affect the demand and price of soda ash. For example, in the global economic downturn, industrial production activities have decreased, the demand for soda ash has declined, and the price has also fallen.

In order to show the influence of these factors on soda ash price more intuitively, the following table lists the changes of soda ash price and main influencing factors in recent years:

As can be seen from the table, with the increase of supply, the decline of raw material prices and the deterioration of macroeconomic environment, the price of soda ash shows a downward trend year by year.

For chemical investors, it is of great significance to analyze the reasons for the decline in the value of soda ash. First of all, investors should pay close attention to the changes in the relationship between supply and demand and adjust their investment strategies in time. Secondly, the fluctuation of raw material cost should also be the focus of investors’ attention. By analyzing the dynamics of raw material market, the price trend of soda ash can be predicted more accurately. Finally, the changes in the macroeconomic environment cannot be ignored. Investors should have a global perspective and pay attention to the international economic situation in order to better grasp market opportunities.

In short, through the in-depth analysis of the reasons for the decline in the value of soda ash, chemical investors can better understand the market dynamics and formulate more scientific investment strategies, so as to obtain greater benefits in the complex and ever-changing market environment.

[Disclaimer] This article only represents the author’s own views and has nothing to do with Hexun. Hexun.com is neutral about the statements and opinions in this article, and does not provide any express or implied guarantee for the accuracy, reliability or completeness of the contents. Readers are requested for reference only, and please take full responsibility. Email: news_center@staff.hexun.com.

A few days ago, Guangqi Honda’s new car, the 2025 Honda Accord, was officially launched, offering four models with a price of 179.8-238,800 yuan. As an annual modified model, the new car continues the design style of the old model, and at the same time optimizes and upgrades the car engine system and auxiliary driving system. In addition, the new car continues to be equipped with a power combination of 1.5T engine and +CVT gearbox.

The picture is as follows:2025 Guangqi Honda Accord Sharp T Motion 260TURBO Deluxe Edition

The 2025 Guangqi Honda Accord offers four models, namely:Rui T-Motion 260TURBO Comfort Edition, Rui T-Motion 260TURBO Deluxe Edition, Rui T-Motion 260TURBO Premium Edition, and Rui T-Motion 260TURBO Ultimate Edition are priced at 179.8-238,800 yuan.

Compared with the old models, the new cars are all upgraded.Honda CONNECT 4.0Intelligent guidance of the interconnected car system, while the price of the flagship model increased by 10,000 yuan (Honda SENSING 360+ safety extrasensory assisted driving was upgraded).

In the design part, the front face of the 2025 Honda Accord continues to adopt a flat design, and it is also equipped withHexagonal blackened air intake grille, rectangular full LED headlight group, front enclosure bottom blackened decoration+air intake. In addition, the body continues the slender and low-lying posture, and the rear of the car continues to adopt the layout of penetrating taillights+blackened decorative pieces at the back surrounding the bottom+two hidden exhaust outlets on both sides.

The body size of the 2025 Honda Accord is: 4980*1862*1449, with a wheelbase of 2830mm, and it is positioned as a medium-sized car.

In terms of wheels, the comfort version and the deluxe version use 17-inch wheels (225/50 R17), the premium version uses 18-inch wheels (235/45 R18), the flagship version uses 19-inch wheels (235/40 R19）。

In the interior design part, the 2025 Honda Accord center console area continues to be adopted.Three-position steering wheel, 10.2-inch LCD instrument and 12.3-inch floating central control panel.

At the same time, the new car also uses a mechanical shift mechanism, and also provides a remote ETC device, HUD head-up display (except the comfort version), built-in driving recorder (flagship version), and wireless charging of mobile phones (flagship version).

In the car part, the 2025 Honda Accord is equipped with an upgradedHonda CONNECT 4.0Intelligent guidance interconnection system, supporting GPS online/offline hybrid navigation (multi-screen linkage), road rescue service, AppleCarPlay/ Baidu CarLife mobile phone interconnection mapping,Face recognition login, QR code login/password login, vehicle authorization management, mobile APP remote control and other functions.

In addition, the Premium Edition and the Ultimate Edition also support digital keys, and the Ultimate Edition also provides exclusive AR live navigation.

In terms of intelligent driving system, Deluxe Edition/Premium Edition is equipped with L2 Honda SENSING safety extrasensory assisted driving, and supports ACC active cruise control system (with LSF low-speed following function), CMBS collision mitigation braking system (with FCW front collision warning function), LKAS lane keeping auxiliary system, RDM lane departure suppression system (with LDW lane departure reminding function), TSR traffic sign intelligent identification system, TJA traffic congestion auxiliary system and other functions.

In addition, the flagship model is equipped with L2+ Honda SENSING 360+ safety extrasensory assisted driving. On the basis of Honda SENSING safety extrasensory driving, functions such as curve departure warning, door opening collision warning, FCTW crossing prophet, ALCA lane change intelligent driving, ACC Cornering Speed Assist curve intelligent driving, high-order lane change assistance-overtaking assistance, high-order lane change assistance-on-ramp assistance are added.

In the seat part, the car adopts a five-seat layout, and the seat is also wrapped with imitation leather, genuine leather and other materials.

In terms of seat functionality, except for the comfort version, all the other versions are equipped with electric adjustment of the front seat, while the distinguished version and the flagship version also provide heating/ventilation of the front seat and memory of the main driving seat; The flagship version also adds the heating function of the second row of seats.

In the power unit part, the 2025 Honda Accord is equipped with one.1.5T engine, matched with CVT gearbox, with maximum power of 141kW(192Ps), maximum torque of 260N·m, maximum speed of 186km/h and comprehensive fuel consumption of WLTC of 6.6L-6.8L/100km.

SAIC Volkswagen (price16.45-23.99 million yuan)

GAC Toyota (price17.18-25.98 million yuan)

Dongfeng Nissan (price17.98-23.98 million yuan)

In terms of vehicle positioning/price/energy type, the main competitors of Guangqi Honda Accord include: SAIC Volkswagen Passat (with a cumulative sales volume of 144,516 units from January to August 2024), GAC Toyota Camry (with a cumulative sales volume of 88,771 units from January to August 2024), Dongfeng Nissan Teana (with a cumulative sales volume of 46,225 units from January to August 2024), and Guangzhou Automobile Toyota Camry.

Compared with the above competitive models, the cumulative sales volume of Guangqi Honda Accord from January to August 2024 was 87,182 units.

So, if you choose between Honda Accord and its competitors, who would you choose? Welcome to leave a message in the comment area!

　　() Financial Research Center on February 25th, some investors asked (), Hello, Secretary-General, Gree needs to actively pay attention to the changes in the capital market, and timely communicate and reply to the questions of small and medium investors. Second, is Gree’s air conditioner used in cars? And the air-conditioning market of automobiles is very large, and it is entirely possible to build a second Gree Electric.

　　The company replied, Hello, Gree car air-conditioning has been widely used in new energy buses, new energy high-end smart rail vehicles, logistics vehicles, refrigerated trucks, RVs, truck parking and other scenarios. Thanks for your attention!

On March 8, Beijing time, Geely Automobile officially announced that the Longteng version and the COOL Longteng version have been officially launched, of which the Binyue Longteng version has a guide price of 83,800 yuan and a limited-time preferential price of 71,800 yuan; The guide price of Binrui COOL Longteng Edition is 94,800 yuan, and the limited-time preferential price is 79,800 yuan.

First of all, let’s look at the COOL Longteng version of Binrui. There is no essential difference between the internal and external design styles of the car and the models on sale. The flat air intake grille is decorated with vertical decorative strips, and the headlight group is integrated with the air intake grille, in which far and near lights are LED light sources.

In addition, Binrui COOL Dragon Edition is decorated with black decorative strips on both sides of the front enclosure, while details such as window frame decorative strips and rear taillights are blackened, and there are two oval exhaust tailpipes on both sides to create the image characteristics of young sports. In terms of body size, the length, width and height of Binrui COOL Longteng Edition are still 4710/1795/1455 mm, and the wheelbase is 2670 mm, providing users with four body colors: dazzling blue, chasing white, gray and sky blue.

In terms of interior, Binrui COOL Dragon Edition is decorated with orange decorative strips in details. The 10.25-inch full LCD instrument screen and the 12.3-inch central control screen are in the form of dual screens. The built-in system supports intelligent AI voice interaction, 4G network, online navigation and other functions. In addition, the car also has leather seats, reversing radar, front double airbags, front force-limiting seat belts, exterior rearview mirrors+electric heating defrosting and other functional configurations.

From the pricing point of view, the guide price of Binrui COOL Longteng Edition is between the champion version (89,800 yuan) and the electric switch version (99,800 yuan), which can be regarded as the second-lowest version of Binrui COOL. Compared with the entry champion edition, Longteng edition mainly adds 540-degree panoramic image system (with transparent chassis), front airbag, electric folding exterior rearview mirror, four-door window one-button lift (with anti-pinch), six-way main driver’s seat, rear central armrest (with cup holder), 10.25-inch full LCD instrument and other functional configurations.

In terms of power, Binrui COOL Longteng Edition is still equipped with a 1.5T turbocharged engine, with a maximum power of 133kW and a peak torque of 290Nm. The transmission system is matched with a 7-speed wet dual-clutch gearbox, with a maximum speed of 210km/h and a comprehensive fuel consumption of 5.9L per 100km in WLTC.

As a compact car under Geely brand, at present, the overall price range of Binrui COOL is 89,800-109,800 yuan, and its competitors mainly point to fuel vehicles of Chuanqi, Chevrolet and MG, among which the sales volume in January 2024 was 4,895.

Next, Binyue Longteng Edition continues the front face design of "Energy Storm", equipped with a straight waterfall air intake grille with blackening treatment, and a large-size three-stage front enclosure with angular edges, which shows a good sense of movement and personality.

In addition, Binyue Longteng Edition provides a suspended roof design, and the rear surrounding lower edge is decorated with an integrated diffuser, while equipment such as carbon fiber decorative exterior rearview mirror and sports style roof rear spoiler will not be absent. In terms of body size, Binyue Longteng Edition has a length, width and height of 4,330/1,800/1,609 mm and a wheelbase of 2,600 mm, which is small in positioning.

In terms of interior, Binyue Longteng Edition adopts the combination of embedded instrument panel and 8-inch floating central control panel, and adapts to the three-position multifunctional plastic steering wheel. In addition, Binyue Longteng Edition also has halogen far and near headlights, leather mixed sports seats, automatic constant temperature air conditioning, braking system, one-button lifting belt for main driving window, anti-pinch, tracing system and other functional configurations. The price is between the gold version (75,800 yuan) and the platinum version (89,800 yuan), and it belongs to the entry-level model of Geely Binyue automatic transmission version.

In terms of power, Binyue Longteng Edition uses a 1.5T engine to match a 7-speed wet dual-clutch gearbox, with a maximum power of 133kW and a peak torque of 290 Nm. The official nominal acceleration time of 0-100km/h is 7.6 seconds.

In the domestic market, Geely Binyue mainly competes with changan CS35 PLUS, Chery and other small brands, among which the sales volume of the 2024 model was 7,911 vehicles in January. As for whether the new car can achieve a further breakthrough in sales, let us wait and see.