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Rumors of merger have resurfaced! Shares of Nissan and Mitsubishi soared.

Rumors of the merger of the two giants in Japan’s auto industry have resurfaced!

According to the Nikkei News, Honda Motor (hereinafter referred to as "Honda") and Nissan Motor (hereinafter referred to as "Nissan") have entered the merger negotiation process to better cope with the rapidly changing global automobile industry. According to informed sources, Honda and Nissan are considering setting up a holding company and are expected to sign a memorandum of understanding in the near future. As for the shareholding ratio of the two parties in the new company and other relevant details, it is left to be determined later.

After the news was announced, the share prices of Nissan Motor Co., Ltd. and Mitsubishi Motor Co., Ltd. soared. As of press time, Nissan Motor Co., Ltd. rose by 23.7% to hit the daily limit, Mitsubishi Motor Co., Ltd. rose by over 19%, and Honda Motor Co., Ltd. fell by over 3%.

Transaction details

According to the Nikkei News, Honda and Nissan also intend to bring Mitsubishi Motors into the holding company system. At present, Nissan is the largest shareholder of Mitsubishi Motors, holding a 24% stake in Mitsubishi Motors.

If Nissan-Honda-Mitsubishi merge, the new company will sell more than 8 million cars every year. This will make the company one of the largest automakers in the world, but it is still lower than Toyota Motor, another Japanese automaker (with sales of 11.2 million vehicles in 2023) and Volkswagen, a German automaker (with sales of 9.2 million vehicles last year).

For this report, Honda responded that this report was not released by Honda. Honda stressed that, as announced in March and August this year, Honda, Nissan Motor Co., Ltd. and Mitsubishi Automobile Industry Co., Ltd. discussed the possibilities of future cooperation based on the advantages of each company. Including the contents of media reports, no decision has been made yet. Stakeholders will be informed of the latest situation at an appropriate time.

Mitsubishi Motors said that the media reports on the possible merger of Nissan and Honda were not based on any announcement of the company.

There were signs before the merger of the two companies. ShinjiAoyama, executive vice president of Honda, has revealed that Honda is indeed considering various options, including the possibility of merging with Nissan. He said that the two sides are really considering setting up a holding company to operate. This move aims to integrate each other’s resources, and then compete more effectively with other car companies in the highly competitive automobile industry.

In March, 2024, Honda and Nissan announced that they began to cooperate in battery and software of electric vehicles, and planned to jointly explore the next generation software-defined vehicle platform, and share resources such as motors and inverters to jointly develop new batteries and electric shafts. In August, Honda, Nissan and Mitsubishi Motors signed a memorandum of understanding to jointly explore the potential of cooperation in the fields of vehicle electrification and software development.

If the merger is successful, it will become the largest merger in the automobile industry since Fiat Chrysler and Peugeot Citroen Group merged to form Stellantis in January 2021.

Shares of Nissan and Mitsubishi Motors rose sharply.

After the news came out, the share prices of Nissan Motor Co., Ltd. and Mitsubishi Motor Co., Ltd. soared. As of press time, Nissan Motor Co., Ltd. rose by 23.7% to hit the daily limit, Mitsubishi Motor Co., Ltd. rose by over 19%, and Honda Motor Co., Ltd. fell by over 3%.

According to public information, Honda, Nissan and Mitsubishi Motors are all head car companies in the Japanese auto industry. Since Honda was founded in 1948, its business has spanned many fields such as automobiles and motorcycles. Nissan Auto Co., Ltd. was established in 1933; Mitsubishi Motors became independent from Mitsubishi Heavy Industries in 1970 and is a core member of Mitsubishi Group. In fiscal year 2023 (April 2022 to March 2023), Honda sold about 3.98 million vehicles worldwide; Nissan sold 3.37 million vehicles worldwide in fiscal year 2023; Mitsubishi Motors has 780,000 vehicles.

However, in the China market, the growth of Japanese brand cars has been greatly challenged. From the cumulative sales in China from January to November 2024, Honda decreased by 30.7% and Nissan decreased by 10.5%.

The stocks of the two companies also performed poorly. Nissan dropped 24% during the year, and Honda dropped 11% during the year.

Affected by the downturn in business, Nissan announced in November that it would cut its global production capacity by 20% and start layoffs of 9,000 people equivalent to nearly 10% of the overall size. The formulation of integration measures has become a top priority. Nissan believes that it is necessary to deepen the relationship with Honda in order to rally.

Proofreading: Wang Jincheng

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Review of weekend news: the central bank set up 300 billion yuan of guaranteed housing refinancing.

  Macroeconomics > > >

  The People’s Bank of China plans to set up a re-loan for affordable housing: the scale of 300 billion yuan can be extended for 4 times.

  On May 17th, the People’s Bank of China announced that it planned to set up affordable housing refinancing. The refinancing scale is 300 billion yuan, the interest rate is 1.75%, the term is one year, and it can be extended for four times. The distribution targets include 21 national banks including China Development Bank, policy banks, state-owned commercial banks, Postal Savings Bank and joint-stock commercial banks. In accordance with the principle of independent decision-making and risk-bearing, banks issue loans to local state-owned enterprises selected by the city government and purchase completed unsold commercial houses for affordable housing. The People’s Bank of China will issue re-loans according to 60% of the loan principal, which can drive bank loans of 500 billion yuan. Tao Ling, deputy governor of the People’s Bank of China, said at the policy briefing in the State Council on May 17th that the decision was no longer to set the lower limit of interest rate policy for first-home and second-home loans at the national level. For first-tier cities and some hot cities, the city government can still decide the lower limit of local mortgage interest rate policy according to local conditions. If the relationship between supply and demand in the real estate market changes greatly in the future, the People’s Bank of China will promptly resume the implementation of the policy lower limit or guide the city government to resume the policy lower limit to regulate supply and demand. After canceling the lower limit of the mortgage interest rate policy, commercial banks can decide the interest rate level independently according to the customer’s risk situation to realize the marketization of mortgage interest rate. (China Network)

  Central Bank: The purchased commercial housing is strictly limited to the completed unsold commercial housing of real estate enterprises, and real estate enterprises of different ownership are treated equally.

  Tao Ling, deputy governor of the People’s Bank of China, said at the policy briefing in the State Council that the People’s Bank of China would provide low-cost refinancing funds to encourage 21 national banking institutions to issue loans to local state-owned enterprises selected by the city government in accordance with the principle of marketization, and support the acquisition of completed unsold commercial houses at reasonable prices for affordable housing. The People’s Bank of China will provide low-cost refinancing funds to encourage 21 national banking institutions to issue loans to local state-owned enterprises selected by the city government in accordance with the principle of marketization, and support the acquisition of completed unsold commercial houses at reasonable prices for affordable housing. (Securities Times)

  General Administration of Financial Supervision: Support the "white list" projects by means of new loans and extension of existing loans.

  Xiao Yuanqi, deputy director of the General Administration of Financial Supervision, said at the policy briefing in the State Council on May 17th that "white list" projects of housing enterprises with different ownership systems should be treated equally, and under the premise of controlling risks, financing support can be provided by means of new loans, extension of existing loans and issuance of M&A loans. The loan amount should match the project construction period, cover the completion and delivery of the project, and the funds must be delivered to the "white list" project to effectively guarantee the delivery of the house. Separate accounts are set up for the "white list" projects, and the project funds are closed for operation and management. It is strictly forbidden to use the project funds for other purposes. Banks should strictly examine the use and flow of credit funds. (Securities Times)

  National Energy Administration: In April, electricity consumption of the whole society increased by 7.0% year-on-year.

  According to the National Energy Administration, the electricity consumption of the whole society in April was 741.2 billion kWh, a year-on-year increase of 7.0%.

  The Ministry of Housing and Urban-Rural Development talks about lowering the interest rate of provident fund loans: ensuring that depositors enjoy preferential policies at the first time.

  A few days ago, the housing provident fund personal housing loan interest rate was lowered by 0.25 percentage points. The relevant responsible comrades of the Housing Provident Fund Supervision Department of the Ministry of Housing and Urban-Rural Development said in an interview that the most direct benefit is the housing provident fund lender. Take the first personal housing loan of housing provident fund with a term of 30 years as an example. If the repayment method of principal and interest is equal, the monthly payment will be reduced from 4,270.16 yuan to 41,355.57 yuan, a decrease of about 135 yuan, and the total interest expense will be reduced by 48,500 yuan. The benefits that buyers get are real. The adjustment scope of the loan interest rate includes both newly issued housing provident fund personal housing loans and existing housing provident fund personal housing loans. For individual housing provident fund loans issued before May 18, 2024, the new interest rate will be implemented from January 1, 2025. Personal housing provident fund loans newly issued after May 18, 2024 (inclusive) will be directly implemented according to the adjusted new interest rate. We will guide the urban housing provident fund management center to do a good job of policy convergence in accordance with the regulations to ensure that depositors can enjoy preferential policies at the first time. (china construction news)

  Ministry of Commerce: Initiate an anti-dumping investigation on imported copolyformaldehyde originating from the European Union, the United States, Taiwan Province and Japan.

  On April 22, 2024, the Ministry of Commerce of People’s Republic of China (PRC) received an application for anti-dumping investigation formally submitted by Yunnan () Co., Ltd., Ningxia Coal Industry Co., Ltd., Kaifeng Yu Long Chemical Co., Ltd., Yankuang Lunan Chemical Co., Ltd., Tangshan Zhonghao Chemical Co., Ltd. and PetroChina Inner Mongolia New Materials Co., Ltd. (hereinafter referred to as the applicant) on behalf of Chinese mainland’s paraformaldehyde industry. The applicant requested to conduct anti-dumping investigation on imported paraformaldehyde originating in the European Union, the United States, Taiwan Province and Japan. According to the relevant provisions of the Anti-dumping Regulations of the People’s Republic of China, the Ministry of Commerce has reviewed the qualifications of the applicant, the information about the products applied for investigation, the information about similar products in Chinese mainland, the impact of the products applied for investigation on Chinese mainland’s industry, and the information about the countries (regions) applied for investigation. According to the evidence provided by the applicant and the preliminary examination by the Ministry of Commerce, the production of polyoxymethylene copolymer by the applicant accounted for more than 50% of the total output of similar products in Chinese mainland in 2021, 2022 and 2023, which is in line with the provisions of Articles 11 and 13 of the Anti-dumping Regulations of the People’s Republic of China on the application for anti-dumping investigation by Chinese mainland industries. At the same time, the application contains the contents and relevant evidence required for the filing of anti-dumping investigations as stipulated in Articles 14 and 15 of the Anti-dumping Regulations of the People’s Republic of China. According to the above review results and the provisions of Article 16 of the Anti-dumping Regulations of the People’s Republic of China,The Ministry of Commerce has decided to initiate an anti-dumping investigation on imported copolyformaldehyde originating in the European Union, the United States, Taiwan Province and Japan from May 19th, 2024. (Ministry of Commerce)

  Financial news > > >

  Economic Daily: Real estate credit policy is further optimized.

  The Economic Daily article pointed out that the People’s Bank of China issued a number of notices, explicitly canceling the lower limit of mortgage interest rate at the national level, lowering the mortgage down payment ratio and provident fund loan interest rate, and launching the refinancing of affordable housing. Experts believe that the new round of support policy is the continuation and expansion of the previous real estate credit policy, further enhancing the financial support. The reporter learned from the central bank that by the end of April this year, 67 of the 343 cities in China had cancelled the lower limit of the first home loan interest rate. Financial institutions reported that after the lower limit of mortgage interest rate in these cities was abolished, the interest rate declined to some extent, but after full competition, the market formed a new and relatively stable equilibrium level, which played a driving role in the local new mortgage issuance. Market experts predict that after this policy adjustment, more cities will cancel the lower interest rate limit, and the independent pricing space of some hot cities that retain the local lower limit will also be significantly expanded. In the eyes of the industry, the future mortgage is still the best asset of the bank. It is expected that the implementation of the policy will lead to an increase in the new volume of bank mortgage, which can make up for the interest income from the decline in interest rates to some extent.

  Beijing has implemented the interest rate reduction of provident fund loans without applying for automatic reduction.

  According to Yangguang. com, the reporter called the Beijing Housing Provident Fund Management Center, and the staff said that Beijing has already lowered the loan interest rate. The staff further explained that the original personal housing provident fund loan interest rate standard is still implemented for personal housing provident fund loans that have been issued before May 18, 2024, and the adjusted personal housing provident fund loan interest rate standard will be implemented from January 1, 2025. For individual housing provident fund loans accepted before May 18, 2024 and accepted after May 18, 2024 (inclusive), the adjusted interest rate standard for individual housing provident fund loans shall be implemented. In addition, the staff of Beijing Housing Provident Fund Management Center introduced that the lender does not need to apply separately, and the loan interest rate will be automatically lowered. If the lender does not change the monthly repayment amount, it will be automatically calculated as overpaying the principal and underpaying the interest.

  Shanghai Provident Fund reduces the interest rate of individual housing provident fund loans, and the adjusted interest rate will be implemented from January 1, 2025.

  Shanghai Provident Fund issued a notice on adjusting the interest rate of individual housing provident fund loans in this city. According to the decision of the People’s Bank of China, the interest rate of the first set of individual housing provident fund loans for less than five years (including five years) and more than five years will be lowered to 2.35% and 2.85% respectively, and the interest rate of the second set of individual housing provident fund loans for less than five years (including five years) and more than five years will be lowered to 2.775% and 3.325% respectively. The adjusted interest rate for loans issued after May 18, 2024 (inclusive); For loans issued before May 18, 2024, if the loan term is one year, the original loan contract interest rate will be implemented, and if the loan term is more than one year, the adjusted interest rate will be implemented from January 1, 2025.

  The interest rate of Shenzhen housing provident fund loan will be lowered, and the adjusted interest rate will be implemented from July 1, 2024.

  The People’s Bank of China has decided to reduce the interest rate of individual housing provident fund loans by 0.25 percentage points from May 18, 2024. Article 23 of the Regulations on the Administration of Housing Provident Fund Loans in Shenzhen stipulates that after the issuance of provident fund loans, if the national provident fund loan interest rate is adjusted, the provident fund center shall adjust the loan interest rate quarterly. For individual housing provident fund loans issued in Shenzhen before May 18, 2024, the adjusted interest rate will be implemented from July 1, 2024. Personal housing provident fund loans that were applied for before May 18, 2024 but not issued, and personal housing provident fund loans that were applied for after May 18, 2024 (inclusive) shall be subject to the adjusted interest rate. (Shenzhen Special Zone Daily)

  All 17 cities and states in Hubei lowered the interest rate of individual housing provident fund loans.

  It was learned from the Housing and Construction Department of Hubei Province that since May 18th, 17 cities and states in Hubei Province have all lowered the interest rate of individual housing provident fund loans. (CCTV News)

  Shaanxi: For the first time to use the provident fund loan to buy a house, the down payment ratio is not less than 20%.

  Shaanxi Provincial Housing Fund Management Center issued the "Notice on Adjusting Relevant Policies of Housing Provident Fund Loans" on the 17th. For the first time to use the provident fund loan to buy a house, the down payment ratio shall not be less than 20%; After the first provident fund loan is settled, if you use the provident fund loan to buy a house again, the down payment ratio shall not be less than 25%. If you use provident fund loans to buy second-hand housing, the housing completion period shall not exceed 30 years, and the sum of the loan period and the housing completion period shall not exceed 40 years, and the longest loan period shall be 30 years. If families with two or more children use provident fund loans to buy houses, the maximum loan amount will be increased to 1.2 times on the basis of the current policy.

  How to promote strict supervision? The Inspection Bureau of the China Securities Regulatory Commission is clear: keep a close eye on four kinds of chaos and adhere to five major law enforcement directions

  I learned from the Inspection Bureau of the CSRC that in the next step, the CSRC will deploy more capable forces to join the inspection team to further improve the law enforcement ability. At the same time, the CSRC will start from five dimensions: strengthening clue discovery, strictly investigating major cases, improving law enforcement efficiency, continuously deepening cooperation, and paying attention to both punishment and prevention, and strictly crack down on illegal acts in the securities and futures market that seriously endanger the smooth operation of the market, infringe on the legitimate rights and interests of investors, and have a bad social impact, so as to escort the construction of a safe, standardized, transparent, open, dynamic and resilient capital market. (21 Finance)

  Starting from tomorrow, the monthly loan of 1 million yuan from the provident fund can be reduced by about 130 yuan.

  The People’s Bank of China has decided to reduce the interest rate of individual housing provident fund loans by 0.25 percentage point from May 18th, and adjust the interest rates of the first set of individual housing provident fund loans for less than five years (including five years) and more than five years to 2.35% and 2.85% respectively, and the interest rates of the second set of individual housing provident fund loans for less than five years (including five years) and more than five years to not less than 2.775% and 3.325% respectively. The People’s Bank of China last lowered the interest rate of provident fund loans on October 1, 2022, with a reduction rate of 0.15 percentage points. Comparatively speaking, this reduction is even stronger. Take the first home, the provident fund loan of 1 million yuan, the loan period of 25 years, and the repayment method of equal principal and interest as an example. After the adjustment of the interest rate of the provident fund, the monthly contribution will be reduced from the previous 4,794.29 yuan to 4,664.46 yuan, with a monthly decrease of 129.83 yuan. (CSI Taurus)

  The interest rate of provident fund loans was lowered by 0.25 percentage points, and the provincial and Changsha municipal provident funds were implemented on the 18th.

  The People’s Bank of China issued the Notice on Lowering the Interest Rate of Personal Housing Provident Fund Loan on 17th. Hunan Provincial Provident Fund Management Center and Changsha Provident Fund Management Center issued a notice to implement this new policy simultaneously. Hunan Provincial Housing Provident Fund Management Center has made it clear that since May 18, 2024, the center will implement new loans at the adjusted interest rate. Loans that have been issued are subject to the original interest rate, and the adjusted interest rate will be implemented from January 1 of the next year. Changsha Housing Provident Fund Management Center issued a notice, which was also implemented simultaneously. (Hunan Daily)

  Suzhou provident fund loan interest rate lowered

  According to the news released by Suzhou, the central bank decided to reduce the interest rate of individual housing provident fund loans by 0.25 percentage point from May 18, 2024, and adjust the interest rates of the first set of individual housing provident fund loans for less than five years (including five years) and more than five years to 2.35% and 2.85% respectively, and the interest rates of the second set of individual housing provident fund loans for less than five years (including five years) and more than five years to not less than 2.775% and 3.325% respectively. For individual housing provident fund loans that have been issued before May 18, 2024, the adjusted interest rate will be implemented from January 1, 2025. For individual housing provident fund loans that were applied for before May 18, 2024 but not issued, the adjusted interest rate of individual housing provident fund loans shall be implemented. Personal housing provident fund loans applied after May 18, 2024 shall be implemented according to the adjusted interest rate.

  Industry news > > >

  The low-altitude economy will drive the city’s economic growth to exceed 100 billion in three years. Beijing plans to open a commuter route to Xiong’ an Tianjin.

  Recently, the Beijing Economic and Information Bureau publicly solicited opinions from the public on the "Beijing Action Plan for Promoting the High-quality Development of Low-altitude Economic Industries (2024-2027) (Draft for Comment)". According to the exposure draft, Beijing will create application scenarios around emergency rescue, logistics and distribution, air ferry, inter-city communication and special cultural tours, and open more than three low-altitude routes for surrounding areas. In terms of inter-city communication, commuter routes between Daxing Airport and xiong’an new area, Capital Airport and Tianjin, Langfang and other regions will be established, and a new application format of "split flying car inter-city communication+inter-city ferry" will be explored; In terms of characteristic cultural tourism, we will develop low-altitude tourism, flight experience and other industries in Yanqing, Pinggu and Miyun. (Beijing Daily)

  Shanghai pilot intelligent networked cars and other cross-border data transmission Tesla China data is expected to empower the world.

  On May 17th, the Management Committee of Lingang New Area of China (Shanghai) Pilot Free Trade Zone released the first batch of general data list and supporting operation guide for cross-border scene of data in China, including intelligent networked automobile, Public Offering of Fund and biomedicine. The data related to the intelligent networked automobile industry include: manufacturing information such as purchasing and inventory, research and development information such as automobile design and testing, after-sales service information and used car sales information. The newly released documents show that in the one-year pilot project, enterprises registered in the Shanghai Free Trade Port Area where Tesla’s Shanghai factory is located can transfer the listed data overseas without further security assessment. This is the latest measure to further attract foreign investment in China. (CBN)

  The new mortgage policy is stronger than expected and is expected to form a "policy bottom" in the real estate market.

  According to the Shanghai Stock Exchange, the lowest down payment ratio in history was implemented, the lower limit of the national mortgage interest rate was liberalized, and the interest rate of provident fund loans was lowered … Real estate finance ushered in a heavy profit, far exceeding market expectations! After the relevant policies are implemented, how will it benefit buyers? According to the central bank, the mortgage interest rate in most cities may drop by 0.3 to 0.4 percentage points, and the total interest expense can be reduced by more than 70,000 yuan according to the methods of 1 million yuan loan, 30-year term and equal repayment of principal and interest. Market participants believe that after the introduction of this policy package, it will meet the policy expectations of buyers to a certain extent and is expected to form a "policy bottom" in the real estate market.

  Director of Shanghai Economic and Information Committee: It will speed up the development of open source humanoid robot prototype.

  At the 5th Shanghai Forum of 50 Young People for Innovation and Entrepreneurship held on 18th, Zhang Ying, director of the Shanghai Economic and Information Committee, said that the national and local humanoid robot innovation center was unveiled in Shanghai yesterday, which is also the first public platform in China (in the field of humanoid robots). Through this public platform, an innovative ecology integrating technology research and development, achievement incubation, talent cultivation and platform support will be created, and at the same time, the research and development of open source humanoid robot prototypes will be accelerated. Zhang Ying said that at the humanoid robot track, Shanghai is working hard to study and formulate relevant policies, which are guided by "application traction and scene driving" and support key technologies such as humanoid robot body, intelligent large model with body and dexterous hand. Deepen the application of humanoid robots in industrial manufacturing, services and other fields, and strive to achieve 1000 large-scale application demonstrations within three years. We will speed up the implementation of the "Intelligent Robot Plus" campaign, and promote 10,000 intelligent robots to enter smart factories. In 2025, the density of robots in key industries will reach 500/10,000 people. (CBN)

  "Hangzhou version of the trade-in scheme" is coming! Encourage new consumption of automobiles, home appliances and home improvement.

  On May 17th, Hangzhou issued the Action Plan for Promoting Trade-in of Consumer Goods in Hangzhou, and carried out the trade-in of automobiles, electric bicycles, household appliances and home improvement kitchens and bathrooms, focusing on forming the endogenous motivation and scale effect of upgrading, continuously promoting the upgrading and expansion of consumption in Hangzhou, better meeting people’s needs for a better life, vigorously promoting the cultivation of new quality productivity and accelerating the high-quality economic and social development. Strive to reach the target level of the whole province in 2024; The sales of household appliances increased by 6%, 51,000 electric bicycles were eliminated and updated, and 5 centralized sorting centers and recycling points for renewable resources were added. By 2027, the annual sales volume of new energy vehicles will reach 300,000, and the penetration rate will reach over 50%; More than 30,000 scrapped cars were recycled, and more than 300,000 used cars were traded; The annual sales of household appliances increased by 20% compared with 2023, and 45 centralized sorting and processing centers for renewable resources were built. (released by Hangzhou)

  CITIC Securities: Support policies have been intensively introduced in various places, and low-altitude economies are competing for glory.

  Citic Securities Research Report said that on May 16th, Beijing Economic and Information Bureau issued "Beijing Action Plan for Promoting High-quality Development of Low-altitude Economic Industries (2024-2027)" (draft for comments), and it is planned to set up a leading group for low-altitude economic development. On May 15th, Nanjing officially released the Implementation Plan for Promoting High-quality Development of Low-altitude Economy in Nanjing (2024-2026) and Several Measures for Supporting High-quality Development of Low-altitude Economy in Nanjing. Low-altitude economy is an emerging integrated economic form of "aviation+". In recent years, China has intensively introduced relevant industrial policies, deepened airspace reform, and promoted low-altitude economy from exploration to development. The low-altitude economy has strong industrial radiation, which is expected to give birth to a trillion-dollar industrial scale. On the basis of the navigation industry, the new track will improve infrastructure and operation, expand more advanced aircraft technology, expand brand-new application scenarios, and provide more development increments for related industries.

  Turkish government: In-depth discussions are under way with BYD and Chery Automobile to invest and build factories.

  On May 17th, Turkish Minister of Industry and Technology MehmetFatihKac r said in an interview that Turkey is in-depth discussions with () and Chery Automobile on investing and building factories in the country. "The consultations have made great progress, and I hope to reach an agreement as soon as possible". He revealed that the Turkish side is still negotiating with () and (). Kazel said that Turkey is an ideal base for exporting to the EU market. He also said that any decision to open a car factory in Turkey will also bring "excellent battery investment opportunities" to China enterprises. (Interface)

  Company news > > >

  Zhongtai Chemical: The company’s stock trading will be subject to other risk warnings, and it will be suspended for one day from the market opening on May 20.

  () Announcement: On May 17, 2024, the company and relevant responsible persons received the Decision on Administrative Punishment issued by Xinjiang Securities Regulatory Bureau, and the company’s shares were subject to "other risk warning" from May 21, 2024. The company’s shares were suspended for one day from the opening of the market on May 20, 2024, and resumed trading from the opening of the market on May 21, 2024; The stock abbreviation was changed from "Zhongtai Chemical" to "ST Zhongtai".

  Northbound funds bought a net of 13.956 billion yuan today.

  Northbound funds bought a net of 13.956 billion yuan today. (), () and () bought 600 million yuan, 594 million yuan and 530 million yuan respectively. () The net sales amount ranked first, amounting to 214 million yuan.

  *ST Baoli: Received the advance notice of termination of listing issued by Shenzhen Stock Exchange.

  () Announcement: On May 17, 2024, the company received the advance notice issued by Shenzhen Stock Exchange to terminate the listing of the company’s shares.

  Nanjing Julong: The operating income in the aerospace field has little contribution to the overall performance of the company.

  () Announced the abnormal fluctuation of stock trading. In 2023, the company’s operating income in the aerospace field was 8.26 million yuan, accounting for 0.45% of the company’s total income in 2023, which contributed little to the company’s overall performance. Nanjing Julong Composite Materials Technology Co., Ltd., a holding subsidiary of the company, won the bid for the UAV project at the end of 2023, accounting for 0.38% of the company’s total revenue in 2023. The project is scheduled to be delivered in 2024, and it is expected that the income and profits brought to the company will have little impact on the company’s overall performance in 2024.

  (): At present, the research and development in the field of low-altitude information technology has not had a significant impact on the company’s operation.

  Xinchen Technology announced the abnormal fluctuation of stock trading. The company has been engaged in information construction and business application in the field of national air traffic control for a long time, and is currently conducting research and development in the field of low-altitude information, which has not yet had a significant impact on the company’s operation. In 2022 and 2023, the company’s income in the field of low-altitude informatization only accounted for about 0.0678% and 0.0139% of its main business income respectively.

  Jiangnan Water: 5.0001% held by Great Wall Life Insurance.

  () Announcement: On May 17, 2024, the company received the Simplified Equity Change Report issued by Great Wall Life Insurance, an information disclosure obligor. As of the disclosure date of this announcement, Great Wall Life Insurance has increased its shareholding in the secondary market to 46.7617 million shares, accounting for 5.0001% of the company’s total share capital.

  Geling Shenyi: Sequoia China plans to reduce its holdings by no more than 2%.

  Geling Shentong announced that Sequoia China intends to reduce its holdings by no more than 5.18 million shares, that is, no more than 2% of the company’s total share capital.

  Good shop: Ningbo Hanyi and Dayong Co., Ltd. intend to reduce their shares by no more than 6%.

  () Announcement, Ningbo Hanyi and Dayong Co., Ltd. intend to reduce their shares by no more than 3% respectively, and the total planned reduction of shares is no more than 6%.

  ST Kangmei: Received the court enforcement ruling.

  () Announcement: Upon receipt of the Execution Ruling from the Intermediate People’s Court of Jieyang City, Guangdong Province, Jieyang Intermediate People’s Court ruled to auction or sell the mortgaged real estate of Kangmei (Bozhou) Huatuo International Chinese Medicine City Co., Ltd., Bozhou New World Trading Co., Ltd. and Kangmei (Bozhou) Century Chinese Medicine Co., Ltd.

  Shengtun Mining: The CSRC decided to file a case against the company because the company was suspected of violating the law of information disclosure.

  () Announcement: As the company is suspected of violating laws and regulations in information disclosure, according to the Securities Law of People’s Republic of China (PRC), the Administrative Punishment Law of the People’s Republic of China and other laws and regulations, the China Securities Regulatory Commission has decided to file a case against the company.

  Overseas news > > >

  Apple plans to launch a thinner iPhone in 2025.

  According to The Information, people familiar with the matter revealed that Apple is developing a much thinner iPhone, which may be released as early as 2025. This thinner iPhone may be released at the same time as the iPhone 17 and is expected to be released in September 2025. People familiar with the matter said that the price of this iPhone may be higher than that of the iPhone Pro Max, which is Apple’s most expensive model at present, starting at $1,200. (Cailian)

  The Federal Reserve said Powell tested positive for Covid-19 on Thursday.

  The Federal Reserve said Powell tested positive for Covid-19 on Thursday. (Cailian)

  Faraday’s short-term diving in the future triggered a fuse, and now it has fallen by more than 5%.

  Faraday’s short-term diving in the future triggered a fuse, and now it has fallen by more than 5%. It once rose by more than 130%.

  Federal Reserve Governor Bowman: Willing to raise interest rates if inflation stagnates or the trend reverses.

  Federal Reserve Governor Bowman said that if inflation stagnates or the trend reverses, he is willing to raise interest rates; Inflation will remain at a high level for some time; The rebalancing process of the labor market has slowed down.

  South Korea will introduce a plan to ban short selling before the end of June.

  According to the Korea Financial Supervisory Authority (FSS), South Korea will introduce a plan to ban short selling before the end of June. (Sina Finance)

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Regarding the "Mayday lip-synching" storm, the official latest response! Investigation details →

  Last December,

  The May Day concert "lip-synching" sparked heated discussion.

  Regarding whether there is lip-synching

  Public opinion is divided.

Regarding the "Mayday lip-synching" storm, the official latest response! Investigation details →

  △ November 16th May Shanghai Concert Site

  Some netizens recognized the evaluation results of Weibo bloggers and criticized Mayday for deceiving fans and audiences. Some people also questioned the blogger’s identification method, saying that judging the truth by "singing accurately is lip-synching, singing incorrectly is real" is not necessarily reasonable, and the authenticity of the material is also in doubt. Which is true or false, can’t agree at the moment.

  After the law enforcement corps of Shanghai Cultural Tourism Bureau intervened in the investigation, netizens continued to pay attention. A few days ago, the Law Enforcement Corps accepted an exclusive interview with a reporter from The Paper, telling the whole process of how to supervise, collect evidence and identify the concert.

  Question 1: Last May, a concert in Shanghai caused a storm. How did the Law Enforcement Corps of Shanghai Cultural Tourism Bureau manage these concerts?

  A: On November 11 -13, November 15 -16 and November 18 -20, 2023, during the eight Shanghai concerts on May Day, the Law Enforcement Corps of Shanghai Cultural Tourism Bureau strengthened the performance site management in accordance with the large-scale commercial performance management mechanism of the Ministry of Cultural Tourism. Each time, a number of cultural law enforcement officers at the municipal and district levels will be arranged to supervise the whole process in the sound control station area, verify the information of actors and performances on the spot, and urge the performance organizers to send special personnel to supervise the singing and performance behaviors, and make records for future reference. The contents of the record include the names of actors, bands and tracks, and the basic situation of the singing and playing process, which shall be signed by the person in charge of the performance organizer and the supervisor.

  Question 2: How did you check after the online discussion was triggered by lip-synching?

  A: After discovering the hot discussion about lip-synching on the Internet, we immediately took measures to investigate and inquire about the performance organizer, the venue, and the on-site sound controller, and retrieved the whole video and audio of the on-site law enforcement recorder, the organizer’s on-site supervision records and other materials to conduct a comprehensive investigation.

  Question 3: Is there lip-synching and how do you identify it?

  A: According to Article 26 of the Detailed Rules for the Implementation of the Regulations on the Administration of Commercial Performances, lip-synching and lip-synching refers to the act of an actor using pre-recorded songs and music instead of live singing and performance during the performance. After obtaining the relevant evidence, we immediately checked according to the standard process, and invited social experts to participate in the discussion, analyzed the audio-visual materials of the whole performance and the live audio-visual materials, and provided professional advice. After verification, it was not found that the eight Mayday concerts held in Shanghai in November 2023 had the situation of "using pre-recorded songs and music instead of live singing and performance" as mentioned in the above regulations.

  Question 4: There have also been some updates in the follow-up of the online video. Have you paid attention to it?

  A: Yes, bilibili up Master who testified against lip-synching at that time released a video on March 7 this year, saying that "when lip-synching was appraised, the sound source was not confirmed" and "private individuals, the appraisal result has no legal effect", which caused a heated discussion at that time, and later this video was deleted by him.

  Transferred from | The Paper (Reporter Zou Juan)

[Editor in charge:

]

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Quality car selection: Tengshi Z9 subverts the luxury car market structure with technology.

In recent years, independent brands have shown unprecedented technical strength and innovation vitality in the domestic automobile market, especially in the sub-field of new energy. Tengshi Z9, as another masterpiece of Tengshi brand, brings users an intelligent experience ahead of the times by virtue of its advanced technologies such as easy tripartite technology, Yunnian -A intelligent air body control system and high-order intelligent assisted driving system. So, can this new car subvert the traditional luxury car market with technology? This issue of "Quality Car Selection" will answer for you.

I. Basic Information and Product Highlights

The above manufacturer’s guide price only represents the price on November 21, 2024. If there is any change, please take official website as the standard.

Tengshi Z9 can be regarded as a sedan version of Tengshi Z9 GT. Five models have been launched, including two pure electric and three plug-in hybrid vehicles, with the price range of 354,800-414,800 yuan.

BYD’s product design has become more and more mature in recent years. Tengshi Z9 is designed by a team led by BYD’s global design director Wolfgang Eiger. Its body lines are smooth and full of strength, and every detail has been carefully carved, which not only shows the designer’s deep understanding of aerodynamics, but also incorporates his unique insights into future aesthetics. Walking on the street will surely become the focus of attention.

As the flagship car of D-class technology luxury, the interior of Tengshi Z9 is unique. The second row of the new car is equipped with double floating comfortable seats, which support one-button comfortable lying mode, ten-way electric adjustment, ventilation, heating, ten-point massage and electric leg rest. At the same time, the front and rear intelligent cold and warm dual refrigerators, front and rear dual 50W wireless charging, Divare audio, side windows and rear windshield electric sunshade are all equipped, which brings consumers a better car experience.

In addition, the new car will be equipped with easy tripartite technology, Yunqi -A body control system and high-level intelligent driving assistance. Among them, Easy Tripartite Technology can be described as a combination of BYD’s technology, including five iconic core functions: intelligent crab walking, compass turning around, easy tripartite parking, extreme steering and low-attached pavement stability enhancement system, which makes it stand out in the same class.

In terms of power, Tengshi Z9 provides pure electric and plug-in hybrid power. Among them, the total motor power of the pure electric version is 710kW, with an acceleration of 3.4s and a cruising range of CLTC pure electric vehicle of 630km;. The plug-in hybrid version is equipped with a power system consisting of a 2.0T turbocharged engine and three motors. The pure electric cruising range of CLTC is 201km, the comprehensive cruising range of CLTC is 1101km, and the minimum fuel consumption of WLTC is only 6.6L/100km.

Second, product competitiveness analysis

With the new energy wave sweeping, the competition in the pure electric medium and large-sized car market is becoming more and more fierce. Among them, Enjoy World S9, which has deep cooperation with Huawei, shows extraordinary strength, and its selling price overlaps with Tengshi Z9 to a certain extent, so they form a competitive relationship. In addition, BMW Brilliance i5 from the traditional luxury brand camp also joined the battle and launched a fierce contest with Tengshi Z9.

From the design point of view, Tengshi Z9 highlights the beauty of smooth lines and is full of movement, which caters to the aesthetics of young consumers. Enjoy the world S9 and BMW Brilliance i5 are both sedate, and the body shape is quite satisfactory.

From the overall price range, Tengshi Z9 has the lowest entry price, while BMW Brilliance i5 is the most expensive top model. In terms of the number of models, Tengshi Z9 offers five models for consumers to choose from, which is quite rich; BMW Brilliance i5 offers four models, while the 2024 Enjoy World S9 only offers two models, leaving little choice.

Specific to the level of vehicle configuration, we selected the models with similar prices as possible. By comparison, Enjoying S9 and BMW Brilliance i5 are both single-motor versions featuring long battery life, while Tengshi Z9 is a three-motor version featuring performance, which is more suitable for young consumers. At the same time, the configuration is also exclusive to the main driver’s knee airbag and AR-HUD augmented reality head-up display, which has a stronger sense of safety and technology. More importantly, Tengshi Z9 has the lowest price, and its cost performance is obviously better than the other two models. In contrast, the overall performance of BMW Brilliance i5 is not as good as the above two models, and there are many missing configurations.

Third, product quality & service trend analysis

As a brand-new car series, will Tengshi Z9 have potential quality problems? In this regard, we will start with the failure problems of Tengshi’s models in the past year, and through the analysis of the failure problems, we will preliminarily predict the development trend of new car quality problems in the future.

By screening the complaint data of Tengshi’s models in the past year, it can be found that the failure problem is mainly concentrated in the aspect of "audio-visual system failure". As Tengshi Z9 is a brand-new model, based on the latest easy tripartite platform, it can be temporarily considered that the probability of the above problems is low, but the specific situation will not be conclusive until it is used for a period of time.

With the continuous development of China’s automobile market, the level of brand pre-sales/after-sales service and the quality of purchase experience have gradually become an important factor affecting consumers’ final purchase. Therefore, based on the big data of car quality network, we will analyze the common service problems of brands in the past year to provide more objective reference for consumers to buy models.

From the point of view of service complaints, "inconsistent with publicity" has become a service problem in which car owners complain more about Tengshi brand. Through further analysis, we can know that this kind of service problem comes from Tengshi N7 and Tengshi D9.

In terms of measuring the after-sales service reputation of new cars, we will analyze the response of enterprises to complaints from car owners, and relatively objectively predict the future after-sales service reputation of new cars. According to the data of Chezhi. com, the response rate of Tengshi brand complaints in the past year is 100%, which shows that manufacturers attach great importance to the demands of car owners.

Four, after-sales service policy and network distribution

In terms of after-sales service policy, Tengshi Z9 has a vehicle warranty of six years or 150,000 kilometers; No fixed number of years/mileage for the first owner of the Third Power Company (the liability exemption clause is subject to the official). In addition, the air suspension is guaranteed for 8 years or 160,000 kilometers (whichever comes first); The first car owner can also enjoy life-long free charging pile and installation service (please consult the local dealer for details).

After the vehicle is purchased, it is bound to involve the daily maintenance of the vehicle. At this time, the number and distribution of brand dealer stores are very important, and even have a certain impact on whether consumers buy the brand model. According to statistics from Chezhi. com, Tengshi currently has 154 dealer stores in China, covering 30 provinces, autonomous regions and municipalities directly under the Central Government, among which Guangdong, Jiangsu and Shandong provinces have a relatively large number of dealers.

Summary:

Tengshi Z9, as a brand-new masterpiece of Tengshi brand, and Tengshi Z9GT form a double flagship. The two not only show the brand’s top technical strength, but also bring unprecedented experience to drivers with excellent luxury quality. At the same time, with strong product strength, it will also lead the new trend of the new energy vehicle market in the future and redefine the standard of luxury electric travel.

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Putin is still the leader when he leaves office. People hope that he will remain in power and let the United States kneel down.

    Chairman of the United Russia Party talks about the future "birthright" of the President.


    Putin will remain a "national leader" after leaving office next year.


    □ Ou Ye (special feature of China Daily)


    "If Putin stays in power, we will make the United States kneel down"-a Russian government worker said. After the United Russia Party won the State Duma election, the future political identity and status of the current President Putin became the focus of attention.


    The chairman of the United Russia Party made it clear a few days ago that Putin will remain the leader after leaving office.


    USA-Today reported on the 6th that although Putin’s second presidential term will end in 2008, many people in Russia hope that he will remain in power because of his stable political situation and rapid economic growth.


    A 24-year-old Russian government statistics office worker said: "Russia is strong again. If Putin stays in power, we will make the United States kneel."


    Prior to this, Putin had said that he hoped to maintain his political influence after leaving the Kremlin. There is public opinion that Putin may amend the constitution to seek re-election, but Putin has repeatedly said that he respects the constitution and has no intention of amending it.


    The issue of Putin’s official "birthright" in the future has always been the focus of the United Russia Party, which won an overwhelming victory in the just-concluded Russian State Duma election. Gryzlov, chairman of the party, said: "Putin is our national leader. No matter what he will do after the presidential election, he will still be the leader of our nation."


    Some Kremlin officials analyzed that the results of the State Duma election showed that the mass base supporting Putin to remain in power was relatively broad, but the role of the so-called "state leader" could not be determined at present.


More related news:


Russian Duma election: this is the victory of "Putinism"


Russian Duma election staged "surrealism"


American magazine: American liberal internationalism is dead


Putin said that the Duma election reflects the stability of the domestic political situation.


Bush specially called Putin to "question" the election of the Russian Duma.


Iran stopped its nuclear weapons program four years ago, and the Bush administration selectively became deaf.


Before and after the Middle East Peace Conference: Bush’s tongue twisted again


Russian Duma election: Putin’s route is expected to continue in an all-round way [photo]


Future-oriented Elections —— A Preliminary Analysis of the Election Results of Russian State Duma


Putin called the election results of the Russian Duma a sign of people’s trust in him.


Foreign media: Russian Duma election established Putin’s status as "national leader"

Editor: Li Xiuwei

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Professional counterfeiters cause social disputes. Some people take counterfeiting as a means of profit.

  Counterfeiting should not become a professional extortion.

  A few days ago, with the "Regulations on the Implementation of the Consumer Protection Law (Draft for Comment)" open to the public for comments, some special consumers once again attracted attention. These consumers take buying commodities that violate the rules or involve infringement of consumers’ rights and interests as their occupation, and claim compensation from merchants through complaints or lawsuits. This crowd is also called "professional counterfeiters".

  The group of professional counterfeiters has been controversial.

  Some people compare professional counterfeiters to "catfish" in the market, which objectively improves the consumption environment. "We should objectively and fairly understand the role and function of professional counterfeiters. They can play a synergistic role with administrative law enforcement departments such as industry and commerce and help promote social fairness and justice." Liu Junhai, director of the Institute of Commercial Law of Renmin University of China and vice president of China Consumers Association, said.

  Others think that professional counterfeiters occupy a lot of administrative resources. "Professional counterfeiters also occupy or even waste a lot of administrative and judicial resources, but the industrial and commercial departments have no time to deal with real consumer disputes." Zhu Wei, deputy secretary-general of Beijing Consumer Law Association and deputy director of Communication Law Research Center of China University of Political Science and Law, said.

  Some professional counterfeiters even ask enterprises to pay expert fees and consulting fees through "planting"

  "Professional counterfeiters are very concerned about the advertising field, which is helpful to purify the advertising market. However, it is not advisable for some people to complain about counterfeiting as a means of personal gain. " Zhang Guohua, director of the Advertising Department of the State Administration for Industry and Commerce, said.

  Li Shan, vice president of Leyou International Business Group Co., Ltd., said that the company once met a professional counterfeiter who bought two boxes of food with tens of yuan online and claimed 100,000 yuan on the grounds that the content of a certain ingredient in the label was not in compliance. Li Shan thought that there was no quality problem in the product and refused its request. In the end, the industrial and commercial and market supervision departments only asked Leyou Company to standardize the label without paying a fine. "Although the professional counterfeiters didn’t take advantage of anything in the end, it dragged on for a long time and wasted a lot of manpower and material resources of the company."

  Some professional counterfeiters have even become "professional blackmailers", asking enterprises to pay expert fees and consulting fees through "planting". According to industry insiders, some so-called professional counterfeiters not only buy fakes, but even buy fakes. For example, in supermarkets, bread and fresh food are hidden in the depths of clothing shelves, and then quietly taken out when the goods expire; Erase the production date on the package with chemicals … …

  "These professional blackmailers disrupt the market competition order, and we must resolutely resist it. Professional counterfeiters also need self-discipline." Zhu Wei said.

  Should professional counterfeiters get punitive damages?

  The "Regulations on the Implementation of the Law on the Protection of Consumer Rights and Interests (Draft for Comment)", which was publicly solicited to the public a few days ago, clearly mentioned that "these regulations are not applicable to the acts of natural persons, legal persons and other organizations other than financial consumers who purchase, use goods or accept services for profit." Some people think that this means that professional counterfeiters will no longer be protected by the Consumer Law, which has poured cold water on this group.

  However, the "Several Issues on the Application of Laws in the Trial of Food and Drug Disputes" issued on January 9, 2014 stipulates: "If there is a dispute over the quality of food and drugs, the buyer claims the rights from the producers and sellers, and the producers and sellers make a defense on the grounds that the buyer still buys the food and drugs knowing that there are quality problems, the people’s court will not support it." This is interpreted as the court’s support for "buying fakes and counterfeiting" and giving professional counterfeiters confidence.

  This year’s "Government Work Report" proposes to establish a punitive compensation system for commodity quality. So, should professional counterfeiters get punitive damages?

  "The Consumer Law belongs to the civil law. It doesn’t make sense for professional counterfeiters to use civil law to obtain punitive damages, but we can encourage professional whistleblowers and give them material and spiritual rewards. The Food Safety Law is an administrative law, not a civil law, so professional counterfeiters can get punitive damages of ten times the price or three times the loss. " Zhu Wei said.

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Porsche Taycan will debut in the third quarter of 2019

Shot is the peak, test drive the Porsche Taycan Turbo S

If you still don’t have confidence in the future of electric vehicles, it’s because you haven’t driven a Porsche Taycan Turbo S.

Righting the name of an electric car, testing the Porsche Taycan Turbo

The appearance of the Taycan has caused people who scoff at electric vehicles to re-examine their criteria for judging the word sports, and it is not too much to say that it is a work to justify the name of electric vehicles.

Driving pleasure in the EV era, test drive the Porsche Taycan 4S

Porsche Taycan 4S uses almost all of Porsche’s black technology, which is enough to make me examine all the electric vehicles I have come into contact with before. In that era, large displacement, naturally aspirated…

Deciphering the next totem of the Porsche Taycan brand

We are at the beginning of a new era, perhaps in the near future, electric drive will replace all internal combustion engines, although Porsche has long proved that there is no conflict between electricity and machinery, but people who like to drive will always worry about "whether the driving pleasure we have always loved will also disappear". Porsche’s definition of the Taycan is how and what kind of driving philosophy Porsche sports cars have to continue into the future.

The fastest zero hundred acceleration is 2.8 seconds! Inventory of luxury electric vehicles that will be listed

In 2019, if a mainstream automaker has not yet come up with its own electrification strategy, there are only two possibilities, either it is going out of business or it is about to go out of business. In the past 1-2 years, OEMs have scrambled to set the flag and prepare to go big in the era of electrification.

Electric can be just as sexy, test drive a Porsche Taycan 4S

After testing the Porsche Taycan 4S in Los Angeles, it was enough to make me revisit all the electric cars I had been exposed to before.

Someone has a lot of money! Porsche Taycan China orders have exceeded 10,000

Nearly 10,000 Chinese car owners are preparing to bring their new cars…

Accelerate 100 kilometers into the 8-second zone, test drive Dongfeng Honda’s new UR-V

With a body weight of 1.8 tons, how will the new UR-V dynamic experience with a 2.0T engine perform?

The venue test drive Geely Haoyue is not just about buying Highlander space at half price

We have had a static experience of Haoyue before, and the performance of the space can be said to be impeccable. Can the mechanical ones still maintain a high level? This test drive is revealed for everyone.

Four popular joint venture sedan hardcore horizontal review: performance article

Nowadays, cars are getting more and more exciting on the road of youth, and their appearance and interior are quite sporty, and even sports models are launched.

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Parameter Configuration of 2022 Ford Brave Quote Picture

  The price of imported full-size SUVs is basically more than one million yuan. Brave people have inherent advantages in body size. The length of 5875mm and the wheelbase of 3690mm can be said to have obvious advantages compared with full-size SUVs in space performance. Moreover, it also has a good "foundation", which can take you over mountains and accompany your family to travel. Brave people are really a "wonderful flower" in the car industry.

  Ford Brave adopts a 3.5T turbocharged engine V6, with a maximum power of 280KW, 381php and a maximum torque of 672nm, which is matched with a 10AT gearbox. It’s really rare to find a 3.5T engine that can meet the national six emission standards. The intrepid is a modified version, so each intrepid may be different in internal design, because everyone likes a different style, just like the picture below, there will be many different interior design styles, but the author found that everyone is relatively unified, that is, almost all the seats are in the form of 2+2+3.

  The new Ford Brave is also very different. The rear seat top is equipped with aviation massage seat with leg rest, while the flat-top model is not. In addition, the high-top model is also paved with imported teak floor. In the sense of luxury, the high-top model is much ahead of the flat top, because the high-top model pays more attention to business functions and the interior decoration has been redesigned. The 7-seat Ford Brave Power Ford Brave uses a 3.5T twin-turbo engine with a maximum power of 370 HP (272kW) /5000rpm and a maximum torque of 569Nm /2500rpm, which is matched with a 6-speed automatic manual transmission. The latest 2021 Ford Brave has the same power system as the overseas version F-150. It uses a 3.5T twin-turbo engine with a maximum power of 380 HP and a maximum torque of 638 Nm, which is matched with a 10AT gearbox.

  National distribution: Nissan Bilian imported Nissan Bilian imported sea lion Ford Brave Toyota Kauste Toyota.

  Enterprise VIP Edition: 7 seats, 8 seats, 9 seats and 10 seats

  Enterprise Extreme Edition: 11 seats, 12 seats, 13 seats, 14 seats and 15 seats.

  Toyota Kauste/Toyota Costar refit sales integration 4S store

  VIP line: 13717872866 -17701155768 Song Zongtong WeChat

  Disclaimer: The above car purchase preferential information is provided by the comprehensive dealers of this website, and the price fluctuates greatly due to market conditions, which is for reference only; The distributor is responsible for its authenticity, accuracy and legality. The website does not provide any guarantee and does not assume any legal responsibility.

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Or release the appearance time of BMW i4/i4m in the summer of 2021.

  [car home New Energy] Recently, in the official "M TOWN" promotional film, BMW seems to have revealed the release time of (|) and i4 M to the outside world. The new car is expected to be released between Monday, June 28th, 2021 and Sunday, July 4th, 2021.

Home of the car

  In the video, we can see that there is a sticker of "ELECTRIC SERVICE M TOWN" on the BMW M3 pickup concept car. The "Contact number" below the sticker is 089 262021, and the following 262021 is in bold font, which seems to mean that there will be a new car to be released in the 26th week of 2021, and the specific time of the 26th week of 2021 is between June 28th, 2021 and July 4th, 2021.

Home of the car

  In the video, we can also see a charging pile with M power written on it. Combined with previous reports on BMW’s new electric vehicles, some foreign media speculated that the new cars will be BMW i4 and i4 M.

Home of the car

"Rendering of BMW i4 Production Edition"

BMW (imported) BMW i4 2020 Concept

"BMW i4 concept car"

  The new BMW i4 and i4 are positioned as pure electric medium-sized cars, equipped with the fifth-generation BMW eDrive electric drive technology, and the new cars are scheduled to be put into production in November 2021. According to the renderings of the production version exposed at present, the production version of BMW i4 is expected to continue the design of the concept car to a great extent, adopting four-door coupe shape, sliding back roof shape and short front/rear suspension design.

   In terms of power, the official said that the maximum power of the motor on the BMW i4 concept car is 530 HP (390kW), and its 0-100km/h acceleration time is about 4 s. It will be equipped with a battery pack with a capacity of 80kWh, and the WLTP cruising range can reach 600km. (Text/car home Jiang Tianshuang)

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Old guns are happy with novices, and they can safely analyze the off-road configuration of tank 300.

  [Original by Aika Automotive Technology Channel]

  Tank 300 has been listed in China for some time. Although there have been several "hot searches" in cross-country circles, consumers’ enthusiasm for it remains undiminished. January was the first complete month after the listing of Tank 300, and its sales volume exceeded 6,000. This performance is even enviable. Some people say that this achievement has taken advantage of the withdrawal of foreign hard-core SUV models from the China market, but in my opinion, friends who play cross-country are often the people who know the most about cars. If there is no excellent product strength, Tank 300 will be "selling itself" again, and even no one will really place an order.

Analysis of off-road configuration of tank 300

  Why does Tank 300 become a fragrant bun in the hearts of off-road fans? Some people say that it has a girder, some say that it has a differential lock, and others say that it is a technological configuration. In my opinion, it is difficult for a single product to form the excellent off-road performance of Tank 300. Only by combining these can the final Tank 300 be formed. So what excellent off-road configurations does it have?

Analysis of off-road configuration of tank 300

  If you ask the older generation of off-road players what a car can be regarded as a hard-core SUV, it will definitely give you three criteria, first, the non-loaded body structure (that is, the beam structure), second, the front and rear integral bridge suspension structure, and finally, the four-wheel drive system with differential lock. Therefore, herdsman, Toyota LC70 (series) and Mercedes-Benz G (old models) will exist in the hearts of off-road players like totems.

Analysis of off-road configuration of tank 300

  With the development of consumer demand, the above three criteria are also changing. For example, the suspension structure has basically evolved into a front double wishbone rear integral bridge, which combines the dual needs of road and off-road, such as Toyota Prado, Land Cruiser and Mercedes-Benz G; The differential lock can also be added later; However, the non-load-bearing body structure remains unchanged, because it can ensure the strength of the body to the greatest extent when it is off-road, and the force is more dispersed when it is dragged.

Analysis of off-road configuration of tank 300

  There is no doubt that the tank 300 has all the three criteria mentioned above. First of all, the non-load-bearing body structure, after Haval H5 and Haval H9, the design of the tank 300 has become more mature. Ensuring a high-rigidity body structure is the main design feature of the tank 300. For this reason, the maximum cross-section of its longitudinal beam has reached 160mmx130mm, and there are 22 reinforcing plates for reinforcement, so there is no problem in meeting the conventional off-road requirements.

Analysis of off-road configuration of tank 300

Analysis of off-road configuration of tank 300

  In terms of suspension, the tank 300 uses the integral bridge structure with front double wishbone and rear five links, which is also the structure widely used by other hard-core SUVs, including Mercedes-Benz G, Prado, Land Cruiser and other models, except herdsman/Jimny. Its advantage is that it gives consideration to comfort and off-road performance to the greatest extent, and it also has excellent passing performance while ensuring road handling.

Analysis of off-road configuration of tank 300

Analysis of off-road configuration of tank 300

Analysis of off-road configuration of tank 300

  Tank 300 adopts part-time 4wd system, which has the advantage of simple and reliable structure. Among them, 2H mode is high-speed rear drive, which is suitable for general paved roads. 4H high-speed four-wheel drive and 4L low-speed four-wheel drive are only suitable for unpaved roads because there is no central differential. In the 4L mode, the torque of the tank 300 will be amplified by 2.48 times.

Analysis of off-road configuration of tank 300

Tank 300 off-road/performance test