Evergrande suddenly!

China Fund Journal, Taylor

Brothers and sisters, a little bit of news tonight.

Hengda Real Estate: The outstanding debt has accumulated nearly 300 billion yuan

On the evening of February 1, Hengda Real Estate Group Co., Ltd. issued an announcement on major matters such as major litigation and failure to settle due debts.

The announcement shows that as of the end of December 2023, Hengda Real Estate Group Co., Ltd. (together with its consolidated subsidiaries referred to as "issuers") had a total of 2073 pending proceedings with an amount of more than 30 million yuan, and the total amount of the underlying amount was about 502.596 billion yuan.

As of the end of December 2023, the issuer involved a total of about 2978.1 billion yuan in unliquidated maturing debts; in addition, as of the end of December 2023, the issuer’s overdue commercial tickets accumulated about 2050.04 billion yuan. Evergrande Real Estate has recently encountered enforcement, adding 20 pieces of information on the person subject to enforcement, involving an amount of about 1.347 billion yuan.

On January 29, the Hong Kong hearing court ruled that China Evergrande should be liquidated. On the same day, China Evergrande’s liquidation case was re-heard in the Hong Kong High Court. The judge said that China Evergrande’s workout plan lacked progress, and the company was insolvent and officially ordered Evergrande to be liquidated.

Sean, the relevant head of China Evergrande, responded to the outside world: "Today’s court ruling is contrary to our original intention. We can only express that we have done our best and are very sorry."

According to Sean, China Evergrande has been working towards repairing and enhancing asset value and business vitality, and has made several major adjustments to the core terms of some restructurings, not only to protect the interests of overseas creditors, but also to protect the time and space for the company to continue operating chemical insurance. It has also received the full understanding and valuable support of a large number of creditors.

China Evergrande’s financial report shows that as of the end of June 2023, China Evergrande’s total liabilities were 2.39 trillion yuan, total assets were 1.74 trillion yuan, and net assets were – 644.20 billion yuan.

Industrial and Commercial Bank of China Announcement: Chairperson Resigns!

On the evening of February 1, the Industrial and Commercial Bank of China announced that on February 1, 2024, Mr. Chen Siqing submitted his resignation to the board of directors of the Industrial and Commercial Bank of China joint stock company. Due to his age, Mr. Chen Siqing resigned as the chairperson, executive director, chairperson of the board strategy committee and member of the bank.

In accordance with the Company Law of the People’s Republic of China and other relevant laws and regulations and the Articles of Association of the Bank, Mr. Chen Siqing’s resignation will take effect from the date of service on the Board of Directors of the Bank. As confirmed by Mr. Chen Siqing, he has no disagreement with the Board of Directors of the Bank, and there is no need to notify the shareholders and creditors of the Bank of any matters related to his resignation.

According to the website of Industrial and Commercial Bank of China, Chen Siqing has been the chairperson and executive director of Industrial and Commercial Bank of China since May 2019. Chen Siqing joined Bank of China in 1990 and worked for Bank of China Hunan Branch for many years and served as the assistant general manager of the international relocation of Zhongnan Bank Hong Kong Branch. He used to be the assistant and vice president of Bank of China Fujian Branch, the general manager of the risk management department of the head office, the president of Guangdong Branch, and the vice president, president, vice chairperson and chairperson of Bank of China. He used to concurrently serve as the chairperson of BOC Aviation Leasing Co., Ltd., and the non-executive director, vice chairperson and chairperson of BOC Hong Kong (Holdings) Co., Ltd.

According to the official WeChat account of the Industrial and Commercial Bank of China, on the morning of January 20, 2024, the relevant responsible comrades of the Central Organization Department attended the cadre meeting of the Industrial and Commercial Bank of China and announced the central decision: Comrade Liao Lin was appointed Secretary of the Party Committee of the Industrial and Commercial Bank of China, and Comrade Chen Siqing was removed from the position of Secretary of the Party Committee of the Industrial and Commercial Bank of China.

Liao Lin was born in February 1966 and graduated from Guangxi Agricultural University with a doctorate in management from Southwest Jiaotong University. He has served as Vice President and Vice President of Industrial and Commercial Bank of China as Chief Risk Officer since November 2019, and Vice Chairperson and President of Industrial and Commercial Bank of China since March 2021.

Before joining Industrial and Commercial Bank of China, Liao Lin had about 30 years of experience in CCB. He joined CCB in 1989 and served as Vice President of Guangxi Branch, President of Ningxia Branch, President of Hubei Branch, President of Beijing Branch, Chief Risk Officer and Vice President of CCB as Chief Risk Officer.

US stock situation

Tonight, the three major U.S. stock indexes rose, with the China Concept index rising more than 1%.

Just now, Huawei detonated! Yu Chengdong made a sound and continued to swipe to see the next one

Evergrande sudden! China Fund News, light touch to read the original text

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Original title: "Hengda sudden!"

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Behind the sales volume of 700,000, Geely China Star and China’s high-end market went in both directions.

Although sometimes we always say "don’t judge heroes by success or failure", countless facts of "success or failure" make us have to pay more attention to the winners. Especially under the stock competition, the "involution" of the automobile market is accelerating, and the automobile enterprises are also facing more complicated situations.

According to the retail sales data of the Federation, in July this year, the retail sales of the domestic narrow passenger car market reached 1.775 million, down 2.3% year-on-year and 6.3% quarter-on-quarter. From January to July, the cumulative sales volume was 11.299 million vehicles, only a slight increase of 1.9% year-on-year. Only three car companies that entered the TOP10 retail sales list of car companies in July achieved a year-on-year increase, which further highlighted the "pain" of the current auto market.

Therefore, when we saw that Geely Automobile rose against the trend, especially the performance of "China Star" series was eye-catching, we couldn’t help it. The data shows that Geely Automobile China Star High-end Series not only achieved sales of 700,000 vehicles in just a few years, but also continued to climb in the first seven months of this year. It is necessary to know that China Star’s models are all in the most competitive market in the domestic automobile industry at present, and they are also the "hinterland" of old joint venture brands. Under such "encirclement and suppression", China Star can still achieve such good results, and there must be something extraordinary about it.

Sales performance is only external performance, and excellent product strength is the fundamental reason.

The data can speak: According to the official sales volume of Geely Automobile, in July this year, the sales volume of passenger cars was 138,135, a year-on-year increase of 13%, and it has maintained a year-on-year and quarter-on-quarter growth for six consecutive months; China Star’s high-end series sold 29,696 vehicles, up about 9% from the previous month and over 15% year-on-year. Among them, Xingyue L, one of the flagships of China Xingshuang, reached a record high of 15,666 vehicles in July, with a year-on-year increase of over 24%. At present, the cumulative sales volume exceeds 270,000 vehicles; Since the launch of another 1.5TD model, the overall competitiveness of Xingrui has been further strengthened, which has rapidly boosted sales. In July, sales exceeded 10,204 units in Wanda, and the cumulative total sales exceeded 320,000 units.

Judging from the above data, the sales situation of China Star is good this year. Further analysis shows that the cumulative sales volume of China Star has exceeded 700,000, and it is accelerating at a high base. Taking Xingyue L as an example, the sales volume of new cars is 6000+ and the orders are 30,000+in 10 days, and the average monthly sales volume is over 10,000. In the past two months, it has repeatedly hit record highs, and it is still full of stamina after two years of listing; The same is true for Xingrui. It takes 30+ days from 0 to 10,000 vehicles, and 100+ days from 10,000 to 50,000 vehicles. After 10 months of listing, the sales volume quickly exceeded 100,000 vehicles, and after two and a half years of listing, it quickly exceeded 320,000 vehicles, with the highest market share in a single month of 3.21%. These two cars can be said to have their own traffic genes since they were born, and their debut is the representative of the peak.

From the perspective of market segments, Xingrui entered the hinterland of the sedan market with the price of 100,000-150,000, which was the most competitive and was almost monopolized by joint venture brands in the past. Now, although the "halo" of joint venture brands has weakened, their combat effectiveness is still very impressive. And Xingrui has made great strides all the way, entered the head competition, and constantly set a new record for China sedan with high-value products, becoming a new choice for sedan that can keep pace with mainstream joint ventures and even catch up with joint ventures. How difficult is it? Just think about it.

As for Xingyue L, it is also a masterpiece of hard-core joint venture, and it has entered a battleground for military strategists in the 150,000-200,000-class SUV market. In this already fierce market segment, Xingyue L not only has record sales, but also the average transaction price of all models is as high as 170,000. Facing the joint venture rivals such as CR-V, RAV4 and Tiguan L, it also won recognition with high value and high quality, and became the king of hard-core SUV of 200,000-class.

The models that can stand out in the current market environment must have the hard-core product power to kill the enemy. Two models based on CMA architecture were endowed with "high-value" genes from the very beginning and became the spokespersons of "high-value China cars". Take Xingrui as an example, its 1869mm ultra-wide body +2800mm ultra-long wheelbase, BOSE advanced audio, top-class car fragrance system, dual 12.3-inch high-definition LCD screen +7.5-inch full-color HUD head-up display, as well as the latest Galaxy OS system, a new generation of E02 high-performance chips, etc., not only meet the needs of users’ sense of technology and grade, but also bring users a smooth and easy-to-use intelligent car experience.

Xingyue L, on the other hand, also has the full range of Drive-E 2.0TD power, 100-kilometer acceleration of 7.5s, Aisin imported 8AT gearbox, 100-kilometer fuel consumption of 6.9L, Borg Warner’s sixth-generation four-wheel drive system, as well as AR-HUD enhanced head-up display, Geely Galaxy OS, HWA high-speed driving assistance system and other rich functional configurations, achieving high value that rivals at the same level can’t match. We can see from the inside that why China Star has established a joint venture? How can it stand out in the "hot water" fuel vehicle market? You can find clues from the above points.

Breaking records is not the goal, but enhancing brand influence is the ultimate goal.

At present, China Star has become a masterpiece of Geely’s brand, and it can be regarded as a successful model. In fact, we know that there have been various cases in the high-end breakthrough of China brand, but there are not many real successes; In such a short period of time, the cumulative sales volume of China Star exceeded 700,000 vehicles, and cars and SUVs went hand in hand, realizing the transformation from phenomenal explosion models to classic models, achieving joint venture and killing, and gaining widespread recognition from consumers. Such a situation is rare. Driven by China Star, Geely has achieved the goal of brand promotion, while the high-end strategy is getting better and better.

The high-end image of China Star has brought direct brand premium to Geely and achieved its own market performance. However, high-end is not far from the masses, but should be closer to users, so that more consumers can get a higher-level value experience. For example, in the two years since the birth of China Star, there have been many examples of co-creation with users, such as joining hands with Long Zijia, a cutting-edge jewelry designer, to create the "China Star" ×CIGALONG co-branded limited jewelry "Xingmang", and to interpret the new height of rims; Join the trend fitness brand "Super Orangutan" to jointly create a "Super Player Fitness Party" and launch a series of exclusive private education courses; Jointly with Sanxingdui Museum, a joint-name model of Xingrui Space-Time Edition was launched; The launch of Xingrui only this turquoise version, etc., played a new height for users and successfully approached users.

As the saying goes: the moon comes first by being close to the water. Only by interacting with users can users fully understand that the original intention of high-end is not to be above the top, but to give users a better product experience. As the most direct bridge between brands and users, products are good or bad, which determines the final result of brand development. Only by going deep into users can we deeply understand and actively respond to users’ actual needs, and effectively avoid the embarrassment of "applauding without making a seat". From this perspective, China Star has obviously found its own doorway.

Since the listing of China Star Series, by creating an all-round and ecological "star" experience, cars are no longer cold vehicles, but travel partners who can resonate emotionally; At the same time, in line with the original intention of "fighting for the value of China automobile", China Star took the lead in adopting the strategy of "popularizing high-end products", successfully broke the inherent pattern and brand barriers of joint venture brands, led China brand cars to transform from price advantage to value advantage, gradually grasped the right to speak in China automobile market, and showed the quality and self-confidence of China automobile to the world.

China Star played an important role in helping Geely go to its own sea of stars.

Undoubtedly, the automobile development in the new era is facing all kinds of tests, but no matter how complicated and fierce the competition is, the foundation of constant change is the high-value experience brought by advanced technical strength.

Obviously, the core technology of China Star is its "high value" code. Fundamentally speaking, China Star has CMA, the world’s leading car-making architecture, which can cover the development needs of different models from A-class to B-class, and build a world-class good car.

In terms of intelligence, Geely has already made a forward-looking layout in the fields of low-orbit synchronous satellite, V2X vehicle-road coordination, high-level autonomous driving and so on, and gradually applied it to many models such as China Star, and took the lead in making smart travel in the era of 5G smart travel. Under the guidance of "Blue Geely Action Plan", GHS2.0 intelligent hybrid system, which leads the world in intelligent energy saving and new energy technology, has also been put on China Satellite for the first time.

Technology is the "foundation" of the automobile industry, and technology can only be verified by products. On the Geely China Star model, there is the most genuine technology of Geely, which is also the true embodiment of "high value", and it is also related to the future development of Geely brand. Now these have been verified on China Star products, and Geely’s upward road is stable.

Write at the end:

Why did Geely China Star stand firm with the joint venture brand in the most competitive market segment, and made quite eye-catching achievements against the trend? There is no other reason than its outstanding performance in product strength and marketing service, which shows us the rising road of Geely brand and even China brand, and also verifies its own uniqueness. We believe that China Star will show better achievements in the market in the future, which will contribute to the upward development of Geely brand. We will wait and see.

(This article was originally produced by the editorial department of [Car Industry] New Media, and the author of this article is Wei Wuxian. Please indicate the source when reprinting.)

The fuel consumption is as low as 5L, BYD Han DM-i is exposed, the design remains unchanged, and the price is lowered by 20%.

BYD’s successful transformation in just a few years can not be separated from its massive investment in the field of new energy.

In recent years, the benefits have gradually emerged. Blade batteries, super hybrid DM-i, etc. have become brand-new synonyms for BYD, and BYD has also won the favor of friends. BYD, on the other hand, is unmoved and concentrates on expanding its product matrix to seek more market share.

No, on the day of the release of BYD Song (parameter picture) Pro DM-i, the road test spy photos of BYD Han DM-i were exposed on the Internet. I have to sigh that BYD’s speed is too fast, which is not to give friends a chance.

According to the exposed road test spy photos, the appearance of Han DM-i is almost the same as that of the models currently on sale, with some adjustments only in the details. According to the previous application information, the new car will be equipped with a DM-i super hybrid system consisting of a 1.5T engine, while the Han DM currently on sale is equipped with a DM-p plug-in hybrid system. Compared with the two cars, Han DM-i is obviously better in fuel economy.

In addition to the difference in power, the appearance of the Han DM-i is also different from that of the Han DM model. In addition to the obvious difference in the logo in the lower left corner of the tail, the taillight part has also been replaced with a newly designed taillight group shape, although it is still a penetrating taillight, but the overall shape is more slender.

Combined with the declaration drawings submitted by BYD to the Ministry of Industry and Information Technology, Han DM-i continues the exterior design of Han DM models, and the front part continues the design of the models currently on sale. The large-size hexagonal air intake grille has formed a "big mouth" visual effect. The grille is decorated with lattice structure of chrome-plated elements, which gives people a very strong visual impact. The top of the grille is consistent with the cash, and a thick chrome-plated strip with the "Han" logo is on both sides.

The side part of Han DM-i is still designed with multiple waistlines, thus creating a slender outline of the vehicle, and the "Long Lin" decorative plate at the rear window triangle is also preserved, which well reflects the exquisiteness of the new car.

As the biggest highlight of this change, the dynamic performance of Han DM-i is undoubtedly the biggest highlight.

Han DM-i will be equipped with a super hybrid system composed of the same 1.5T engine as Tang DM-i. The power performance can refer to the powertrain of the current Tang DM-i. Of course, BYD will not rule out the power adjustment of Han DM-I in the later period, but the general data is still the same. The maximum power of the current Tang DM-I is 102kW, and the maximum power of the motor is 145kW. Although compared with the 2.0T engine of BYD Han DM currently on sale, correspondingly, the fuel consumption performance of Han DM-i in the feed state will be reduced, which is more in line with consumers’ demand for low fuel consumption.

After all, the biggest advantage of BYD’s DM-i hybrid system is obviously the low fuel consumption performance of the vehicle under the feed fuel consumption. Although there is no relevant information on the fuel consumption of DM-i models at present, referring to the comprehensive fuel consumption performance of BYD’s Tang DM-i as low as 5.3L100km, this is obviously very rare for a big guy who is positioned in a medium-sized SUV, and the high probability of fuel consumption of BYD’s Han DM-i will be stabilized at around 5L.

Finally, let’s look at the price. Combined with the official guide price of the current BYD Han DM plug-in hybrid model of 21.98-23.98 million, the BYD Han DM-i exposed this time is expected to be lowered in terms of price, further lowering the price threshold. It is estimated that the starting price will be controlled at around 170,000, and the reduction rate will be around 20%, so as to enhance the competitiveness of its own products.

On the whole, the Han DM-i launched by BYD this time is obviously more suitable for home use than the previous Han DM. After all, in today’s background, car companies have gradually begun to abandon models with high displacement, and BYD Han DM-i is obviously more suitable for the current consumption trend with the blessing of super hybrid DM-i and blade batteries. As for BYD Han DM, there is a high probability that it will be retained. After all, some consumers still prefer powerful models.

A new generation of Tiggo 8 appeared in Guangzhou, with new power and fuel consumption of only 7.4L per 100 kilometers.

[Cheyou Headline-CheyouNo.-No Car] On May 1st, Guangzhou "May 1st South China International Auto Show" was grandly kicked off, and Chery Automobile officially landed in Guangzhou International Purchasing Center with a new generation of Tiggo 8. Witnessed by more than 30 mainstream media reporters, Mr. Zhai Xiaobing, general manager of the Second World War Zone of Chery Automobile Marketing Company, announced that the new generation of Tiggo 8 officially opened its first pre-sale in Guangzhou.

In recent years, with the new opportunities brought by the national "Belt and Road Initiative", Chery Automobile is accelerating the pace of internationalization. According to the data, Chery Automobile sold 120,878 vehicles in the first quarter of this year in China, up 31.4% year-on-year, including 34,408 vehicles in the Arrizo series and 45,189 vehicles in the Tiggo series. The market share increased from 2.69% in March to 4.03% in April, achieving a good result of year-on-year growth in market share in 171 cities. Moreover, at present, Chery products have been exported to more than 80 countries around the world, and 10 production plants and more than 1,500 sales and service networks have been established around the world, with a cumulative export of more than 1.5 million vehicles, ranking first in the export volume of passenger cars in China for 16 consecutive years. This new generation of Tiggo 8 will surely attract the attention and favor of many consumers after its appearance at Guangzhou May 1st Auto Show.

As the star model of Chery SUV family, the new generation of Tiggo 8, which was unveiled this time, is equipped with 1.6T+7DCT power system. There are four versions for pre-sale, including fashion version, elite version, luxury version and distinguished version. There are six body colors for users to choose from, namely, pearl white, obsidian black, titanium gold gray, desert gold, Rhine blue and Provence purple. At the same time, during the pre-sale period, all car booking customers can enjoy the VIP privileges of the three diamonds: the top 10,000 users who make an order in Chery’s official mall before May 25th and buy a car before June 30th can enjoy a personal loan subsidy of up to 5,000 yuan and a replacement subsidy of 4,000 yuan, a luxury boutique suit of 3,888 yuan for free, and a triple gift of extended warranty of 10 years or 1 million kilometers.

Undoubtedly, the new generation of Tiggo 8 equipped with Chery ACTECO 1.6TGDI in-cylinder direct injection turbocharged engine with the reputation of "the strongest Chinese core" has excellent performance, with a maximum power of 145kW and a peak torque of 290N?m. Matching with it is the Getrak 7DCT wet powershift, which achieves a perfect balance between power and economy. After changing the "core", the new generation of Tiggo only needs 8.9 seconds to accelerate 800 kilometers, while the fuel consumption per 100 kilometers only needs 7.4L

As an all-round replacement model, the interior of the new generation Tiggo 8 is based on the forward-looking design concept of wide body, embracing and suspension, creating a horizontally integrated suspended instrument panel and central control area, with advanced electronic gear shifting and wireless charging of mobile phones, creating an unprecedented sense of technological luxury. At the same time, through the leading 12.3-inch Zhilian multifunctional full-screen LCD instrument, 10.25-inch ultra-clear touch capacitor central control screen, and 8-inch intelligent air-conditioning LCD touch screen, a futuristic Sanyi interactive technology luxury driving cockpit is constructed.

When it comes to the safety performance that consumers pay more attention to when buying a car, the new generation of Tiggo 8 will definitely let you sit back and relax. Because the new car is equipped with FCW front collision warning system, SLA speed limit sign monitoring and active reminder, LCA vehicle lane change safety reminder, RCTA reversing rear traffic blind spot warning, BSD all-weather high-precision blind spot monitoring, IHC intelligent far and near light control system and 360 bird’s-eye panoramic ultra-clear reversing image and many other intelligent driving functions, it has created an all-round safety fortress for users. The new generation of Tiggo 8 is the first mass-produced model of China brand to achieve L2-level automatic driving. It has dozens of market-leading or unique intelligent driving configurations such as APA automatic parking and LKA lane keeping. The full-speed ACC adaptive cruise system carried by this car can realize full-speed adaptive cruise of 0-150km/h, making driving easier for users. At the same time, the new generation of Tiggo 8 is also equipped with AEB automatic emergency braking system, which not only provides pedestrian protection, but also increases the protection for cyclists and makes consumers’ driving safer.

As a popular home SUV, the flexible super space of the new generation Tiggo 8 must be the most exciting place for consumers. According to the data, the body length, width and height of the new generation Tiggo 8 are 4700m x1860mm x1746mm, and the wheelbase is 2710 mm. At the same time, the car has 5-seat and 5+2-seat models to choose from, and the trunk space is up to 1930L, which can easily meet the needs of 12 different daily trips.

During the Guangzhou May 1 Auto Show, in addition to the pre-sale of the new generation of Tiggo 8, Chery booth also set up a wealth of performances and interactive games, so that consumers in Guangzhou can experience the beautiful car life in person. At the same time, in the next month, Chery Automobile will continue to exert its efforts to launch a public beta of a new generation of Tiggo with 800,000 people in 100 cities with the theme of "Burning Your Moment". At that time, it will take more than 30 days, span more than 200 cities, accept the rigorous review from 100,000 consumers, and deeply analyze the extraordinary strength and ultimate quality of the new generation of Tiggo 8 with diversified test items. In the future, the burning moment of the new generation of Tiggo 8 is worth looking forward to. (Text/Cheyou can’t do without a car)

Why the dispute between BYD and DMI/DMP is so big, the in-depth analysis is mainly as follows.

Hello, everyone. Welcome to today’s talk about cars by Da Li. I’m your old driver Da Li, and it’s time for Da Li to talk about cars with everyone. I believe everyone has seen the news about BYD DMI/DMP recently. I find that there is a lot of controversy. Some people are optimistic, while others are pessimistic. So what about BYD’s new car? Today, let’s have a brief talk. By the way, let’s talk about my personal views. First of all, I’m not a navy. I express my views objectively.Fasten your seat belt, let’s start ~

Before we talk about our opinions, let’s take a brief look at some basic data of BYD DMI/DMP. We won’t say much about the appearance. We can’t grasp everyone’s preferences. Let’s talk about the internal aspects. In terms of configuration, the whole system comes standard with the main and co-pilot airbags, front and rear side airbags, front and rear head air curtains, knee airbags, active braking, pedestrian protection, fatigue driving tips and HUD display, which can be said to be very safe. Of course, the high-profile models also have Dana stereo, 12 speakers, seat ventilation and heating, eight-way adjustment of the main driver’s seat, six-way adjustment of the co-pilot seat, atmosphere lights, etc. Of course, there is a 15.6-inch eight nuclear adaptive. Of course, although the DMP of 320,000 yuan is more expensive, the luxurious performance configurations such as 3.7 seconds and zero acceleration, top-class braking system, brand-new aluminum alloy sports chassis, 80kw fast charging, electronically controlled active suspension, and wide temperature range heat pump air conditioner are still very valuable.

After introducing the configuration, let me talk about why everyone’s controversy is so great, because it is so excellent that it brings together three groups of users who should not intersect. These three groups are like Confucianism, Buddhism and Taoism, that is, they speak their own words and have certain origins.
The first category is to pay attention to saving fuel and money.
The second category values high configuration.
The third category focuses on the acceleration performance.

The concerns and budget expectations of the three groups of people are different, and it is inevitable that they will say their own words. I think some people predict that this car will definitely be finished, because the pricing failure will lead to the inability to sell. But let’s put it this way, the 15 models of Tang Dynasty were priced at 279,800 yuan six years ago. At that time, there were subsidies in all regions. If they were won, it would be about 210,000 yuan, with a monthly sales volume of 3,000 yuan. I can say for sure that many of them are now priced at the same high price as those of Tang Dynasty. Why do you have a domestic SUV that exceeds 200,000 yuan? However, the configuration and performance of Tang Dynasty at that time can directly compete with a million-class SUV. Moreover, BYD has also launched a limited edition of 500,000 4.3 or 4.1-second sports versions, all of which are bought for senior Difen to play.

Therefore, the value of this car is different in your eyes with different concerns. I value acceleration performance, and 3.7 seconds is worth 500,000 yuan. You value fuel economy, but of course you ignore the value of 500,000 yuan. So although there are many arguments, don’t you see the sales of Han? Because some people in these three groups will choose this car after rational analysis, even if half of them give up, the three halves are also 1.5 times.

Finally, Da Li talks about the epoch-making significance of this car: that is, raising the pure electric mileage to 202/242 has made the vehicle qualitatively changed. Under the condition that it can go home to charge every day, it will be a pure tram. When you need go on road trip or go back to your hometown for long-distance use, he won’t have any anxiety. Even when you are in the high-speed service area, you can recharge it during your break. I believe many consumers have thought about these usage scenarios, which can really greatly reduce the cost of car use. At present, there are thousands of pieces of DC fast charge provided by the third party in the market, but the power is also very low. The key is that the battery itself is not big enough, and it can’t run far after charging with pure electricity. But now I have given it all to you. The use cost will be greatly reduced with a bigger battery and faster DC charging power. I think many tram owners should cast envious eyes on these consumers who choose BYD Han DM (parameter picture) I/DMP.

What do you think of BYD Han DMI/DMP?Welcome to share different opinions.Well, that’s all for Da Li today. Thank you for your patience. Friends who like it can pay attention and praise. Your support is my greatest motivation. Let’s continue to talk about cars later.

Why can Xiaomi SU7 be loved by female users? Lei Jun responded

Phoenix Network Technology News (Author/Li Jun) On April 18th, Lei Jun, founder and chairman of Xiaomi, started broadcasting at Xiaomi Auto Delivery Center, and "talked with netizens about the sale of Xiaomi SU7 these days". In the live broadcast, for the question "Why do female users like Xiaomi SU7", Lei Jun said: "I spent a lot of time thinking about the needs of female users when designing. When I made Xiaomi mobile phone 14 years ago, I made Xiaomi mobile phone for science and technology men. When I made Xiaomi car 3 years ago, my team and I stressed that we must consider female users."

Lei Jun said that the popularity of Xiaomi SU7 by female users is king, and the sunscreen of Xiaomi SU7 also pokes the pain points of women.Lei Jun revealed that after internal research, Tesla owners said that the interior of Tesla car was like an oven.

In addition, Xiaomi SU7 is also provided with a sunshade and a storage location for umbrellas.

"There are many excellent product designers, product managers and engineers in the product design team.We worked together to make the SU7 a car that women love.In the process of buying a car, the male host is mainly responsible for the selection and the female host is responsible for the decision. As long as women like it, the decision to buy a car will be quick. "

The Great Wall free artillery car was unveiled, with 2.0T+8AT four-wheel drive, which was so popular that it was queued for a visit.

Some time ago, my fans and friends gave me an assignment to shoot the free cannon car. When I came to the auto show, I went straight to the Great Wall to see the booths of the RV. Sure enough, the free cannon car was "occupied" by the onlookers. There were people in and out of the car, so I finally caught a minute to spare, and I quickly shot this popular RV-Free Gun for everyone.

The newly released free gun house car is the first time to meet you at this Beijing Auto Show. It is based on the chassis of the Great Wall gun. The power system provides two engines with a displacement of 2.0 liters, and ZF 8AT automatic transmission and Borg Warner T0D four-wheel drive system are standard. The price that everyone is most concerned about, the starting price of the free artillery car is 318,800.

The domineering front shape, huge LOGO and the chassis of the Great Wall Gun have more visual impact than Feng Jun who served before.

In terms of power parameters, the 2.0T diesel engine has a maximum power of 163 HP and a peak torque of 400 Nm. The 2.0T gasoline engine has a maximum power of 190 HP and a peak torque of 360 Nm. Relatively speaking, diesel engine has stronger torque and gasoline engine has less noise, so users can choose by themselves.

The free gun house car locates the single-row pickup RV, with the overall vehicle size of 5.99×2.19×3.03 (m), which meets the C standard. The chassis has also widened the track for the RV, and the rear track is 1.71m.. In terms of safety configuration, the free gun is equipped with traction control, tire pressure monitoring and downhill assistance. It is worth mentioning that the free gun house car has the traction ability, which can be used for additional traction of small trailer cars for expansion.

The rear of the car is designed as a through luggage compartment with a volume of 660 liters. When you open the hatch, you can see that it is also equipped with a pull-out gas stove and an external shower, taking into account the needs of users for cooking and cleaning outside the car.

Compared with the chassis of the previous generation, the cab can be said to be a qualitative improvement. The orange interior of this exhibition car makes the new car more youthful and energetic, which is in line with the positioning of new products. The new car is also equipped with keyless entry, leather steering wheel, leather seat, electric adjustment of driver’s seat and smart interconnection of mobile phones.

The new car not only comes standard with 8AT automatic manual transmission, but also has an electronic shift lever in the cab.

On the booth, two free artillery cars are also equipped with different styles of wheels, or they are different for high and low models.

The layout of the car is consistent with the photos released by the manufacturer before. The living room area is facing the car door, the kitchen area is on one side of the car door, and the independent bathroom is located behind the living room. It is suitable for 2-3 people to live in the whole, and the entertainment configuration has a 24-inch TV.

The bedroom area is just above the cab, and the bed size is 1.95×1.70 (m). The push-out windows on both sides can not only enhance ventilation, but also have a good lighting effect during the day. In terms of heating, the new car is equipped with a fuel heating system.

The normal state of the living room area is a card-seat sofa+dining table that can accommodate four people, and it can also be flexibly turned into a 1.7×0.9 (meter) bed. The large-sized side window can enjoy the beautiful scenery during the trip.

The kitchen area is an L-shaped desktop, and the side near the rear of the car is equipped with an induction cooker and a vegetable washing pool. The real-shot exhibition car is equipped with an 85-liter RV refrigerator, and the optional 152-liter refrigerator is also supported.

The bathroom is equipped with a Sedford toilet, and the independent sink integrates the shower function. The new car has a clean water tank capacity of 150 liters and a grey water tank of 50 liters, and is equipped with a fuel water heater. Finally, a total of four models were released for the free cannon car. The price of the free cannon charge version of the gasoline version chassis was 318,800, and the price of the powerhouse model was 348,800. The free gun charge version of the diesel chassis costs 328,800 yuan, and the powerful model costs 358,800 yuan.

The main body of responsibility for "live broadcast with goods" is clear

  Exaggeration and falsification of data … … While the mode of "live broadcast with goods" is developing rapidly, there are also many problems. In order to protect the legitimate rights and interests of consumers and promote the healthy development of the new format of live broadcast marketing, the State Administration of Market Supervision issued the Guiding Opinions on Strengthening the Supervision of Webcast Marketing Activities on November 6 (hereinafter referred to as the Opinions).

  "Webcast marketing activities, as a new format of Internet e-commerce, have both ‘ E-commerce+promotion+shopping guide and selling goods ’ And other characteristics, the model is new, there are many subjects, and the legal relationship is complicated. " The relevant person in charge of the Advertising Supervision and Management Department of the General Administration of Market Supervision said that the Opinions fully considered the attributes and characteristics of webcasting marketing activities, industry status and supervision system, and clarified the legal responsibilities of relevant subjects in webcasting marketing activities based on relevant laws and regulations, which is of great significance to guiding grassroots law enforcement and promoting industry norms.

  The "Opinions" require innovative regulatory concepts, actively explore regulatory methods that adapt to the characteristics of new formats and are conducive to fair competition among various market players, and investigate and deal with illegal acts such as infringing consumers’ legitimate rights and interests, infringing intellectual property rights and disrupting market order in webcasting marketing activities according to law, promote the healthy development of webcasting marketing, and create a fair and orderly competitive environment and a safe and secure consumption environment.

  Specifically, the Opinions mainly include three parts:

  Compacting the legal responsibilities of relevant subjects. This paper mainly sorts out the responsibilities of the three main bodies (network platform, commodity operators and webcasts) in the marketing activities of webcasting, and makes clear the responsibilities in three aspects for the first time. First, the live broadcast platform jumps to the network live broadcast marketing mode of the traditional e-commerce platform, and it is clear that the live broadcast platform fulfills the responsibilities and obligations of the e-commerce platform operators; The second is to provide paid diversion services for online platforms, which constitute commercial advertisements, and should fulfill the responsibilities and obligations of advertising publishers or advertising operators; Third, it is clear that webcasts should fulfill the responsibilities and obligations of operators in accordance with the Anti-Unfair Competition Law, and those who constitute commercial advertisements should also fulfill the responsibilities and obligations of advertisement publishers, advertising operators or advertising spokespersons according to specific circumstances.

  Strictly regulate the marketing behavior of webcasting. It mainly provides for the establishment and implementation of the inspection and acceptance system for goods, goods or services prohibited from being sold, commercial advertisements prohibited from being released, and standardized advertisement review and release.

  Investigate and deal with illegal activities of live webcast marketing according to law. This paper mainly lists eight key illegal behaviors in the current online live marketing activities, such as e-commerce, infringement of consumers’ legitimate rights and interests, unfair competition, product quality violation, infringement of intellectual property rights, food safety violation, advertising violation and price violation, and it is clear that they should be investigated and dealt with according to the corresponding laws.

  The data shows that in the first half of this year, there were more than 10 million live e-commerce nationwide, and the average daily audience exceeded 260 million. Insiders analyzed that the introduction of this regulatory opinion will effectively regulate the market and help promote the healthy development of this new format.

The price of Xingtu Eta Ursae Majoris in Nanning has been greatly reduced! The discount is 15,000, so act quickly.

In the preferential promotion channel of Nanning, car home, limited-time preferential activities are being carried out. As a model that has attracted much attention, the price of Star Road Eta Ursae Majoris in Nanning has dropped to 137,800 yuan. The maximum discount amount of this promotion reached 15,000 yuan, which brought consumers more affordable car purchase options. If you want to know more details of the discount, you may wish to click "Check the car price" in the quotation form and strive for a higher discount.

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Starway Eta Ursae Majoris is an SUV full of modernity and futuristic feeling. Its front face design adopts bold lines and smooth curves, showing a strong sense of movement and strength. The air intake grille is decorated with a large area of chrome, which highlights the sense of luxury and quality of the whole vehicle. In terms of overall style, Eta Ursae Majoris’s exterior design combines modern technology and traditional aesthetics, and its unique shape and lines outline its unique personality, which makes it unique in the same class. No matter from which angle, Eta Ursae Majoris shows its unique charm and high-quality manufacturing technology.

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The side design of Xingtu Eta Ursae Majoris car series is elegant and atmospheric, with a body size of 4781mm*1920mm*1671mm and a wheelbase of 2815mm, with spacious and comfortable interior space. The front tread is 1641mm, and the rear tread is 1642 mm. It is equipped with 235/55 R19 tires to provide a stable driving experience. The body lines are smooth, and with the fashionable rim design, it shows the sense of movement and luxury of the vehicle, allowing you to enjoy comfort and visual enjoyment while driving.

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Starway Eta Ursae Majoris’s interior design is fashionable and luxurious, made of high-quality materials. The steering wheel is made of leather, which feels comfortable and the position can be manually adjusted up and down and back and forth. The central control screen size is 12.3 inches, which supports speech recognition control system, including multimedia, navigation, telephone, air conditioning, skylight and window functions. The front and rear rows are equipped with USB and Type-C interfaces, which is convenient for users to charge. In addition, the front row also has a mobile phone wireless charging function. The seat is made of imitation leather. The main driver’s seat can be adjusted back and forth, height and backrest, and the co-pilot’s seat can also be adjusted back and forth. The backrest of the second row of seats can also be adjusted, and the rear seats support proportional reclining. The overall interior design pays attention to comfort and convenience, bringing users a better driving experience.

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Starway Eta Ursae Majoris is equipped with a 2.0T 261 horsepower L4 engine with a maximum power of 192 kW and a maximum torque of 400 N m.. The car uses a 7-speed wet dual-clutch gearbox, which can provide a smooth shifting experience. This engine has excellent power performance and can bring exciting driving experience to drivers. Whether it’s a daily commute or a long trip, Starway Eta Ursae Majoris can meet your driving needs.

On the car system page of Starway Eta Ursae Majoris, we saw a car owner named spoke highly of this model. He said that the appearance design of Xingtu Eta Ursae Majoris is very in line with the trend, with rich lights, perfect waistline design and wide rear shape. These details show the care and exquisite craftsmanship of Starway Eta Ursae Majoris in appearance design. It can be seen that Starway Eta Ursae Majoris does have a good performance in appearance design, which brings excellent car experience to car owners. We believe that these advantages will attract more consumers’ attention and become a bright spot of Starway Eta Ursae Majoris in the market.

Eta Ursae Majoris with electromagnetic suspension will be launched on December 27th.

  [car home Information] car home has learned that (|) will debut on December 27th. The new car is the first model of Starway M3X Mars Architecture 2.0, positioned as a medium-sized SUV with a 2.0T engine, and PHEV models will be launched in the future.

Starway Starway Eta Ursae Majoris 2023 400T Basic Model

  In terms of appearance, the front face of Starway Eta Ursae Majoris adopts a three-dimensional middle net design, and the middle net is composed of a diamond that grows from small to large, and at the same time, it is designed in one color with the body, similar to the design of electric vehicles. At the same time, the middle of the two headlights is penetrated by a decorative plate with English logo, and there is a penetrating decoration above the headlights. The daytime running lights form a 7-shape and are connected with the air inlets on both sides, and the headlights are designed with lenses.

Starway Starway Eta Ursae Majoris 2023 400T Basic Model

  On the side of the car body, the new car adopts a sporty coupe SUV shape. The whole car body is slender, and the roof is constantly pressed down. The door handle adopts a hidden design, and the rim is similar to the rim design of an electric car. In terms of body size, the length, width and height of the car are 4781/1920/1671mm and the wheelbase is 2815 mm.

Starway Starway Eta Ursae Majoris 2023 400T Basic Model

  At the rear of the vehicle, the new car is designed with penetrating taillights. At the same time, the star LOGO of the new car is also hidden in the headlights. The rear fog lights are located on both sides of the car body, plus the exhaust from both sides, which looks very sporty.

Starway Starway Eta Ursae Majoris 2023 400T Basic Model

  In terms of interior, the new car adopts a sporty interior style design, and the air conditioning knob of the center console looks extremely chic, even with the taste of a sports car. The car is equipped with a 24.6-inch curved dual screen, and the steering wheel is designed with touch control, which is very simple as a whole. It is reported that the car will be equipped with Qualcomm 8155 intelligent cockpit chip and Horizon J3 driver-assisted chip, which supports functions such as WHUD, ARHUD and 50W mobile phone charging.

Starway Starway Eta Ursae Majoris 2023 400T Basic Model

  In terms of configuration, Eta Ursae Majoris offers five models to choose from, of which the two-wheel drive versions are standard, comfortable and distinguished, among which the standard version is equipped with 19-inch aluminum alloy wheels, ambient light, wireless charging of 50W mobile phone, NFC key, panoramic image, full-speed ACC/AEB, electric tailgate, 8-speaker stereo, front electric seat and so on. The four-wheel drive version is available in comfort and distinguished versions. We noticed that it will also be equipped with CDC adaptive electromagnetic suspension system, ARHUD and so on.

Starway Starway Eta Ursae Majoris 2023 400T Basic Model

  In terms of power, the new car will be equipped with a 2.0TGDI engine with a maximum power of 261 HP (192 kW) and a maximum torque of 400 Nm, matching the 7DCT gearbox, and a PHEV model will be launched in the future. (Text/car home Xing Yueyang)