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Deng Chaodeng’s Spring Festival Gala was happy and nervous, and Li Yuchun taught himself how to choreograph and write words

Deng Chao

Deng Chao

     At this year’s CCTV Spring Festival Gala, Deng Chao, Li Yuchun and Jackson Yee brought the song "Sense of the Times" together. For the first time on the Spring Festival Gala, Deng Chao admitted that he was very nervous and afraid of forgetting words. Li Yuchun taught him to use choreography to memorize lyrics. I don’t know how Chao Ge, who was talked about for being too "lively" on stage on New Year’s Eve, turned around and thought about Chunchun’s "choreography suggestion"?

  Not long ago, #Deng Chao’s physical examination age is 27 years old #was on the hot search, and his young physical state aroused the envy of the whole network. Deng Chao modestly said that this is necessarily related to his wife Sun Li’s insistence on health preservation, and he maintains healthy habits under the guidance of "Teacher Sun" from work and rest to diet.

  In a chat with Sina Entertainment, Deng Chao also revealed the news that the movie he has been preparing for four years is about to be filmed. The preparatory stage has gone through many difficulties, and while wishing for smooth progress, he is also moved by the difficulties of his colleagues, still sticking to his post and loving his industry. However, the style of painting changed, Deng Chao began to "dislike" the Weibo avatar of the three people with Chen He and Lu Han: "That’s my personal Weibo. It’s boring to have three avatars all the time!" Then he took advantage of the situation and set the first flag of the new year – change the avatar?

  When I was a child, I blew myself up, which drove the whole family to fall in love with Jiangxi rice noodles

  Sina Entertainment: What are your plans for the Spring Festival this year?

  Deng Chao: Of course, it’s at the scene of the Spring Festival Gala. Depending on the final order, if it’s early, you can spend time with your family before 12 o’clock.

  Sina Entertainment: So is the family in Beijing?

  Deng Chao: My mother is here, my sister is also here, and my wife and children are in Shanghai.

  Sina Entertainment: Are you a particularly ceremonial person during the Chinese New Year?

  Deng Chao: My sense of ritual is reflected in eating New Year’s Eve dinner to watch the Spring Festival Gala, and then after 12 o’clock, we have a closed door to wealth in Jiangxi, and we also have a food called lucky soup.

  Sina Entertainment: What is this?

  Deng Chao: My childhood Chinese New Year memory is eating this. It has water chestnuts, a lot of vegetables, tofu, yuba, it is a pot, and it will be left there after finishing. It can be eaten for two days. You can make your own chili. Oops, the saliva is out, sorry, I haven’t eaten it for too long.

  Sina Entertainment: Do you have anything you must do on the 30th night or the first day of junior high school?

  Deng Chao: Looking at other people’s fireworks. When I was a child, what I remember most is that I did a very stupid thing. Wasn’t that a big firecracker hanging? I had to save it and take it apart from a string. I took incense in the room to burn the white thread (lead), and it exploded directly in the house. Very stupid, horn, horn, a cloud of smoke, they came in to save me, my clothes were all fried yellow, and my hands were all fried yellow.

  Sina Entertainment: Fortunately, he wasn’t injured.

  Deng Chao: Fortunately, he was not injured, and it was very dangerous. Remind everyone to pay attention, pay attention to the safety of fireworks, and pay attention to the way and occasion of lighting.

  Sina Entertainment: Now like your children’s generation, they may not be able to set off firecrackers. What do they usually play?

  Deng Chao: They are playing with me now (laughs).

  Sina Entertainment: I said in the program before that eating is getting more and more "Sun Lihua". I don’t know if you still have some Deng Chao eating habits?

  Deng Chao: Yes, it must be defended. On the one hand, she is also Deng Chaohua, including the children. Jiangxi rice noodles, this is the taste of my hometown that I will carry with me for the rest of my life. I believe everyone will have an absolute taste of hometown. I want to carry forward good things. Children love to eat them. Now Xiaohua, etc., my daughter-in-law also loves to eat them.

  Sina Entertainment: Everyone said that after reading "Hahahaha", you were 27 years old when you had a physical examination, and you found that Brother Chao was in such a good condition. Does this have anything to do with Mr. Sun’s long-term health care?

  Deng Chao: I think it has a certain relationship with this! First of all, work and rest, it turns out that after the child is asleep, I always think, wow, I finally have time for myself, and then I can make a movie or make a work call. It’s not good for a long time. In fact, you go to bed early, you go to bed at 9 o’clock, and sometimes you wake up at 4 or 5 o’clock, which is enough, and you can do more things. Teacher Sun’s development, exploration and persistence in this area are what I admire.

  Share the experience of cooperating with Li Yuchun Jackson Yee, and watch all the Spring Festival movies in no particular order

  Sina Entertainment: If you were to spend this year’s Spring Festival Gala with your family, what would you do?

  Deng Chao: I think first of all my collaborators, Chunchun and Qianxi, must be the ones they want to see the most. Then I myself am also looking forward to this chemical reaction, and the three of us are very happy together. On Qianxi’s side, in 2015, I sang with the three of them (TFBOYS), singing "Invincible", and it was slow motion with my left hand and right hand. At that time, he was still so young. I am very emotional to see his great achievements in movies now. I have been looking for him two days ago. I said where did I go, but I can’t find him. I am in the backstage, hiding in the corner and reading a book.

  Sina Entertainment: What about the cooperation with Chunchun?

  Deng Chao: Okay! I sent her WeChat before, and I said what should I do if I forget the action. She said don’t be so nervous. I said that I would communicate with you more, and she said okay, no problem. Then when we rehearsed many times, I was in the corner of my eye, because she was here with me, and then Qianxi was here, she was on my right hand side, and she said very good at first. I said that we should go up and interact more, how interactive this song is, and how strong the rhythm is. I said that I might watch you more, and she said, Oh, brother Chao, whatever you want, and then when I started rehearsing, I looked at her and kept looking at me, and kept looking at me, but I didn’t dare to look at her.

  Sina Entertainment: Why?

  Deng Chao: Because I’m afraid I’ll forget myself, I still have to jump. I said don’t look at me. Okay, I finally couldn’t help it. I took a look at her and left. Okay, come back again.

  Sina Entertainment: It’s never been right, has it?

  Deng Chao: Yes, later she asked me, Brother Chao, should I watch it or not?

  Sina Entertainment: So the three of you are currently discussing whether the New Year’s Eve version will watch each other or dance separately?

  Deng Chao: Look, we are one!

  Sina Entertainment: There will be many Spring Festival movies released this year. Which ones do you plan to take your family to watch?

  Deng Chao: I want to watch it all. I’m also looking forward to Old Wu and Qianxi’s Sniper, directed by Yimou, and Wei Xiang’s, Brother Teng’s "This Killer is Not Too Calm", "Bear Haunts", and Han Han’s "Four Seas". How good. Ranked in no particular order!

  Sina Entertainment: The Olympic Winter Games are about to open. Are you interested in various winter sports?

  Deng Chao: Skiing. I’m okay.

  Sina Entertainment: For example, family members and entertainer friends form a game and go skiing. Who do you think is in your first tier?

  Deng Chao: Wei Ting likes skiing very much, Chen He will forget it, Chen He estimates that he has to take a snowmobile, and he goes there like a caring action. Xiaolu (Luhan), Xiaolu doesn’t skate very much, Ziqi seems to like skating very much, and then Shaohan seems to like skating very much, too many, Brother Bo also likes skating, Yi Feng.

  The happiest moment was the first time on the Spring Festival Gala, laughing and saying that I wanted to change my Weibo avatar with Chen He Luhan

  Sina Entertainment: What was the most touching experience of visiting your favorite place in 2021?

  Deng Chao: Let’s celebrate the Winter Olympic Games. Because we happened to be recording "Wuha", I feel that just before the Winter Olympic Games, I was fortunate to be able to record a program there to fully experience the venues and ski resorts of our Winter Olympic Games.

  Sina Entertainment: What are the happiest moments in 2021?

  Deng Chao: The Spring Festival Gala, the first time to attend the Spring Festival Gala.

  What is the most memorable work and life experience of 2021?

  Deng Chao: My new movie is about to start filming. I have been preparing for it for four years, and it is finally going to be filmed, so I hope they go smoothly. Because of the pandemic, it is not easy for everyone. Including when we went to record "Five Haas", some directors in some places came back from local quarantine when we finished filming the last issue, and we all cried bitterly. I believe there are a lot of literary and artistic workers. This is how I feel in 2021. Everyone still sticks to their posts and loves their industries, so this is what moved me.

  Sina Entertainment: I see that your current Weibo avatar is still in the same frame as three people (Deng Chao, Chen He, and Lu Han). This has been used for a long time.

  Deng Chao: Yes, should I change it?

  Sina Entertainment: When will it be changed?

  Deng Chao: And I really want to fly solo. I tell you, it doesn’t feel good. That’s my personal Weibo. It’s boring to have three people’s avatars all the time.

  Sina Entertainment: How long have you been thinking about going it alone?

  Deng Chao: It’s been a long time. But when I get one, it doesn’t seem to be the case, so it makes everyone guess. In fact, it’s nothing, right? Or I’ll change it later.

  Reporter: Well, we now have a video to prove it.

  Deng Chao: I should put one of the flowers, and one of myself or Teacher Sun, why put them both? Forget about the deer, and Chen He (laughs)! I have thought about it, in fact, I already took a picture at Disney that day, but I may not have put it later because I was busy. You can choose a time to put it on.

  Sina Entertainment: Okay, looking forward to your new avatar.

  Deng Chao: Yes, just say which day, you can set a date.

  Sina Entertainment: Change your head on the first day of the new year.

  Deng Chao: Let’s interact, Sina invites, Sina urges three people, or Sina forces, or you can change one.

  Sina Entertainment: What if you wanted to challenge something that has never been done before in 2022?

  Deng Chao: I think I should learn a new skill, because I’m currently practicing a new skill, table tennis.

  Sina Entertainment: Looking forward to your opportunity to show it to us later.

  Deng Chao: Okay, no problem.

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Chen Tinni frequently took ugly photos of rolling her eyes, and Zhang Shuhao invited his friend Lin Junjie to watch the film

Chen Tini plays selfie

Chen Tinni plays the photographer in the film

The main creator and the couple took a group photo

        The new film "A Story More Sad Than Sadness" held a special screening of the lovers field in Taipei on the evening of the 26th. Creators Chen Tingni, Zhang Shuhao, Shi Zhitian and director Lin Xiaoqian attended. Chen Tingni plays the photographer in the film. She studied professional photography a month or two before the start of filming to figure out the role, but she often took embarrassing photos when she exploded: "Whether it is a photo of rolling her eyes or laughing so hard that you can see her throat, there used to be a friend who came to ask for my embarrassing photos when she was in a bad mood, and she would be in a better mood."

Chen Tinni plays the photographer in the film

  Chen Tingni often went out to practice with photographic equipment on her back during filming, hoping to have a photographer’s posture, saying: "I have been carrying a camera on my back, which is very heavy. In fact, I have difficulty moving, and I also understand the daily life of photographers." In the film, she rewarded Liu Yihao and Zhang Shuhao with a slap, and then collaborated with Liu Yihao on the new play "Growing Vegetables Muse", laughing: "Filming is a reconciliation journey, and he is very concerned about my slap." Zhang Shuhao patched his knife on the side: "You didn’t apologize to me either!" Chen Tingni laughed and said that in reality, she has never given anyone a slap, but if a boy cheats, it is a big taboo! She also felt tempted by the boy who would wait for her when walking. She smiled and said, "It means whether you care about this person in your eyes, whether you need help, and whether you care about me."

The main creator and the couple took a group photo

  Zhang Shuhao plays a dentist in the film, and he constantly offers warm male offensives to Chen Yihan. He is proud: "Liu Yihao can let go." In reality, he will also help girls pay attention to small details, and take the initiative to carry toilet paper, wipe chopsticks, and clean dishes for the other party. And because he is busy with work, he does not have time to book the show. He directly asks friends to buy tickets to support him, and then takes the ticket stub to report to him. He will also invite friends Lin Junjie (JJ) and Huaiqiu to watch the film, and first remind them that the film is a touching type, not a cool movie. JJ laughed and said: "Do you think I will not watch this kind of film?" The media arch Zhang Shuhao will take pictures of JJ’s tearful expression after watching the movie.

  When Shi Zhitian played Liu Yihao as a teenager in the film, he once played Liu Yihao’s classmate in "Take Me to the Moon". Is it a time and space disorder? He laughed and said: "I want to learn his interaction with Chen Yihan!" Liu Yihao also broke the news: "A lot of hair! Very much myself." She revealed that the most romantic thing she ever did was to write a poem to his girlfriend. He recited a paragraph on the spot: "And I became a river, flowing out of the story, flowing to you." Let everyone call it touching. The movie will be released, and director Lin Xiaoqian will also offer a sacrifice. If the box office breaks 100 million Taiwan dollars, all the actors will dance to the ghost (Wu Yingjie). The song "KITTY BOMB", which plays Catwoman in the film, shouted: "And you have to dress!" The film will be released on November 30.

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Wahaha’s three major challenges lie ahead, and embracing capital markets is still not a "must"?

China Broadcasting Network Beijing February 26 news (reporter Cao Qian, intern Gao Jiashuang)At noon on February 25, Hangzhou Wahaha Group Co., Ltd. (hereinafter referred to as "Wahaha") issued an obituary, claiming the death of Zong Qinghou, the founder and chairperson of Wahaha Group.

While mourning a generation of "Zong" teachers, all walks of life naturally turn their attention to Wahaha, which Zong Qinghou "brought up". In the 37 years since its establishment, Wahaha has gone through one industry cycle after another, growing from a school-run enterprise distribution department to a leading brand in China’s beverage industry, which can be called an "evergreen tree" among Chinese private enterprises. In 2023, the last full fiscal year before Zong Qinghou’s death, Wahaha’s main business revenue and profit still achieved double growth.

Unlike other big consumer beverage giants that actively embrace capital markets, Wahaha has not been listed under the "four nos" strategy that Zong Qinghou insists on. Nongfu Spring, which compares with Wahaha, has achieved a jump in market value of 700 billion Hong Kong dollars in its second year of listing.

The sudden death of Zong Qinghou has added uncertainty to Wahaha’s future. The three major challenges lie ahead: the new performance increase point is not clear, the head has not really handed over, and the family transformation has not been completed. In this context, as the successor of overseas study, how will Zong Fuli write the "post-Zong Qinghou era"? Will it be re-examined and considered for listing?

Many experts pointed out to CGR Capital that it depends on the attitude of the new leader towards the capital markets. After listing, it is indeed a positive bonus for the company’s development, but it is not a "necessary option" for Wahaha.

Experts believe that listing can bring development funds to enterprises, a standardized corporate governance structure, and provide convenient channels for wealth appreciation and realization of relevant personnel such as actual controllers and executives, which can better attract high-end talents to join. But it does not mean that Wahaha will definitely achieve better performance and development after going public.

Where should the successor go?

Due to the death of Zong Qinghou, Wahaha, which was founded in 1987, has triggered many new conjectures. How will Zong Fuli, who has been officially in the forefront for more than two years, write a new era without Zong Qinghou?

For the 37-year-old Wahaha, the highlight of its "life" appeared in 2013. According to public information, Wahaha’s annual revenue reached 78.30 billion yuan in this year, which is the most brilliant year since its establishment. Zong Qinghou also won the title of the richest man in Forbes Chinese mainland three times in a row (2010, 2012, 2013).

But since 2014, Wahaha’s performance has continued to enter a downward channel. Public information shows that from 2014 to 2017, Wahaha’s revenue was 72.80 billion yuan, 67.70 billion yuan, 52.90 billion yuan and 45.60 billion yuan respectively.

In this regard, Zhu Danpeng, a Chinese food industry analyst, said in an interview with the media that the aging of Wahaha’s brand and products is a fatal injury to the beverage market. For many years, Wahaha’s product line has been mainly imitated and followed, with insufficient innovation, and there have been not many explosions to speak of.

Although Zong Qinghou’s daughter Zong Fuli became the vice chairman and general manager of the group in 2021, Zong Qinghou is still the chairman of the group. But Wahaha seems to have never really come out of the "Zong Qinghou era".

The industry has summarized the three major challenges that have plagued Wahaha, including the lack of clarity on new performance growth points, the fact that the handover between the old and new leaders has not yet been completed, and the transformation of the family business is still in progress.

After Zong Qinghou took a back seat, the scene of the baton handover did not really come. There are rumors that Zong Qinghou is "hands-on" in the company, and Zong Fuli, who returned from overseas study, has a big disagreement with her father on this point.

Now that Zong Qinghou has withdrawn from the historical stage of Wahaha, how should these three challenges be broken?

A number of experts pointed out to Central Broadcasting Capital that to solve the fundamental problem, first, we need to start from the internal management and strategic level, and second, we need to create new products in new categories according to the current market changes, so as to find a second growth curve for Wahaha.

"The most important thing is to get the support of the company’s core management. In the eyes of these veteran core management, Zong Qinghou is the soul of Wahaha. How to win the support and recognition of the core management in the fastest time is Zong Fuli’s current more difficult challenge." Zhan Junhao, a well-known strategic positioning expert and founder of Fujian Huace Brand Positioning Consulting, believes that at the internal management level, Zong Fuli should reach a consensus with the company’s senior management as soon as possible and complete the relay.

At the external strategic level, Qu Fang, an investment consultant at Wanlian Securities, believes that the future development direction of Wahaha is still to improve channels and promote new products.

"Wahaha’s advantage in the distributor channel is second to none among domestic beverage companies, but its TOC performance has been just passable." Qu Fang pointed out that at a time when emerging drinks continue to be launched and consumers gradually shift from traditional leading companies to personalized emerging brands, Wahaha needs to strengthen the launch of its new products that are more suitable for market demand.

Cao Zhe, chief investment officer of Aiwen Zhilue, also pointed out that Wahaha has accumulated a number of knock-out products that are deeply rooted in the hearts of the people, but consumers have a new mentality in beverages. Therefore, Wahaha should launch new products in a timely manner, meet new changes, and keep up with the trend of the times while adhering to its basic market.

"Wahaha has strong strength. As long as we adjust our business thinking and introduce the right talents, there are still many opportunities to achieve better results. Just like a sleeping lion, as long as it wakes up, it will surprise the market."

"Not listed" wins or loses?

Looking at the entire consumption track, Wahaha is one of the few unlisted beverage giants in China. Unlike many listed and financed beverage companies, Wahaha has not chosen to enter the capital markets for many years. The "four nos" strategy was Zong Qinghou’s consistent insistence in the early days, that is, no debt, no bonds, no loans and no listing.

In China’s capital markets, there are many listed companies in the beverage industry, including Nongfu Spring, Master Kong, Dongpeng Beverage, Yangyuan Beverage and other giants. And many new brands and innovative categories are also actively embracing capital markets. New tea brands Nayuki and HEYTEA will be listed on the Hong Kong Stock Exchange around 2021. Now, Mixue Bingcheng, Tea Baidao, Shanghai Auntie and many other companies are also queuing up to apply for listing.

Among the above brands, Nongfu Spring has always been regarded by the industry as the most representative benchmarking enterprise of Wahaha.

The founder of Nongfu Spring, Zhong Shanyuan, and Zong Qinghou are both from Zhejiang. The "contest" between the two Zhejiang businesspeople gradually diverged with the landing of Nongfu Spring on the Hong Kong Stock Exchange and the blessing of capital markets.

Over the years, Zong Qinghou has publicly stated many times: "Wahaha is not short of money, and there is no need to go public. Going public requires responsibility to shareholders. If the stock finally falls, causing ordinary people to lose a lot of money, I don’t think it is appropriate."

On the same track, Nongfu Spring took a diametrically opposite path and became a newcomer to the industry with the help of capital markets.

Since the listing of Nongfu Spring on the Hong Kong Stock Exchange in 2020, the market value of Nongfu Spring has reached 700 billion Hong Kong dollars on January 5, 2021. The founder Zhong Liangxuan’s net worth has thus charged 93 billion US dollars, not only squeezing out Ma Yun and Pony Ma to sit on the throne of the newly richest man in Asia, but also surpassing Warren Buffett to become the sixth richest man in the world. Since then, with the fluctuations of capital markets, Zhong Liangxuan has been the richest man in China several times and has also become the focus of capital markets.

"Zhong Xuanyuan, who started a business in the same city as Zong Qinghou, founded Nongfu Spring after Wahaha whether it started or became famous. But at present, Nongfu Spring is far above Wahaha in terms of scale and profit," Cao Zhe told CCTV Capital Eye.

Public data show that the total profit of Wahaha in 2021 is 6.219 billion yuan, and the after-tax profit of Nongfu Spring in the same year is 7.162 billion yuan.

In recent years, although Zong Qinghou is still on the rich list, he has fallen far short of Zhong Shansui.

In November 2022, Zong Qinghou ranked 45th on the 2022 Forbes Chinese mainland rich list with a wealth of 6.95 billion US dollars. On the Hurun Rich List in 2023, Zong Qinghou ranked 31st with a wealth of 95 billion yuan. During the same period, Zhong Yinyi became the richest man in China for the third time with a wealth of 450 billion yuan.

But did Wahaha really "lose" to Nongfu Spring? There seems to be no absolute conclusion.

According to the financial report, from 2021 to the first half of 2023, the total revenue of Nongfu Spring was 29.696 billion yuan, 33.239 billion yuan and 20.462 billion yuan respectively, far less than Wahaha’s 50 billion "record". According to the data of the All-China Federation of Industry and Commerce and Wahaha Group’s 2023 annual summary and commendation conference, Wahaha has maintained a total revenue of more than 50 billion yuan for three consecutive years.

In the "Top 500 Chinese Private Enterprises in 2023" list released by the All-China Federation of Industry and Commerce, Wahaha and Nongfu Spring, which entered the list in the beverage industry, ranked 227th and 374 respectively, Wahaha is 147 places ahead of Nongfu Spring.

This inevitably raises the question, if Wahaha is willing to enter the capital markets, will it develop better than it does now?

Looking at the future listing is still not a "mandatory option"

In fact, on the issue of listing, Zong Qinghou, who has adhered to the "four nos" strategy for many years, has not been "shaken".

According to public reports, in 2017, at the 30th anniversary celebration of Wahaha’s founding, Zong Qinghou changed his tone about the listing. He said: "After the listing, it can speed up the development of the enterprise, and it will be considered at an appropriate time."

Since then, Wahaha has repeatedly expressed its position to the outside world that it may consider going public in the future.

In March 2018, Zong Qinghou publicly expressed his desire to develop another enterprise, and he may also achieve greater development by listing proceeds raised in the future.

In February 2019, after Zong Fuli became the head of the brand public relations department of Wahaha Group, she also responded to the media for Wahaha’s IPO time table, saying that Wahaha’s listing is a very normal move, because the entire enterprise can achieve upstream and downstream integration through listing.

Along with the change of tone, Wahaha also has many suspected listing signals. The first news that Wahaha is going public is related to an announcement.

In April 2017, Hong Kong-listed China Candy announced that major shareholders such as Jiaqing entered into a letter of intent with potential buyers, who intended to make a possible voluntary offer to acquire at least 50% of the company’s voting rights. The ultimate actual owner of the potential buyer was Zong Fuli, the daughter of Zong Qing Hou.

For a time, speculation about Wahaha’s backdoor listing was everywhere.

On April 12 of that year, the relevant person in charge of Wahaha Group denied the speculation and said that the acquisition was Zong Fuli’s personal behavior and had nothing to do with the company. On the evening of July 13 of the same year, China Candy announced that the offer had not been made. Zong Fuli also released a statement on her personal Weibo saying that the company will continue to uphold its own development strategy in the future and continue to explore related fields in a positive and healthy commercial value orientation.

In April 2018, Wahaha’s repurchase of employee shares once again triggered rumors of a listing.

According to media reports at that time, some Wahaha old employees revealed that the company launched employee equity repurchase after the Spring Festival that year, but a new equity allocation plan has not yet been formed. On April 14 of the same year, Wahaha responded that the repurchase of employee shares was not for listing, but to "allocate shares more scientifically". Since then, Wahaha has no substantive listing action.

So in the future, is Wahaha still necessary to sprint to the capital markets?

Many experts pointed out to CGR Capital that it depends on the attitude of the new leader towards the capital markets. After listing, it is indeed a positive bonus for the company’s development, but it is not a "necessary option" for Wahaha.

Cao Zhe believes that listing can bring development funds to enterprises, standardize the corporate governance structure, and provide convenient channels for the wealth appreciation and monetization of relevant personnel such as actual controllers and executives, which can better attract high-end talents to join. The disadvantage is that the operation and management of enterprises after listing are subject to public supervision and to a certain extent are restricted by other aspects, and the behavior of actual controllers is subject to many restrictions.

Zhan Junhao also said that listing can provide more funds and resources for the company. For example, Nongfu Spring and Coca-Cola are representatives of expanding business, improving branding impression and increasing market share through listing financing. But there is no guarantee that Wahaha will achieve better performance and development after listing.

"Wahaha’s current main dilemma is the aging of the brand. Among the new consumer groups, Wahaha is the drink of the older generation. If this cognitive dilemma cannot be broken through, even if it is successfully listed, it will not bring substantive development to the company." Zhan Junhao said that for Wahaha, going public is not the only way to develop. The key is to find a differentiated brand positioning, formulate and implement the right strategy, and keep pace with the times to adapt to today’s changes in consumer demand.

In fact, the current shareholding structure of Wahaha does not comply with the listing regulations.

Public information shows that Wahaha since the implementation of the employee stock ownership plan in 1999, the number of shareholders has exceeded 15,000. According to the relevant provisions of the IPO, when the company to be listed applies for listing, the employee stock ownership plan needs to be penetrated by shareholders, and the final number of shareholders after penetration shall not exceed 200.

Professional analysis, the number of 15,000 shareholders optimized to less than 200 people, the difficulty can be imagined.

Qu Fang believes that even if Wahaha has not been listed, it is reasonable.

"Wahaha is not going public because it has abundant cash flow and does not want to dilute its equity through listing. Judging from its current operating conditions and IPO policy, it is neither necessary for listing nor in line with existing listing policies."

Qu Fang explained that, on the one hand, Wahaha has sufficient cash flow and limited listing promotion effect; on the other hand, the beverage industry belongs to the class A share IPO red line, even if the listing is also likely to choose Hong Kong stocks, but the current valuation of Hong Kong stocks is low, the market will not give a higher valuation.(Central Guangzhou Capital Eye)

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This mapping company wants to do more than just navigate

  In the two or three years around the turn of the millennium, a number of Internet companies that play a significant role in our lives were born, including Tencent, including Alibaba, and of course, our protagonist Autonavi. In the past five years, Autonavi has been one of the more successful ones in changing from traditional surveying and mapping and electronic map navigation providers to networking. Standing at the current time point and facing the next five years, what new "ideas" Autonavi has that are valuable to consumers can be seen together at the Autonavi 2018 customer conference.

[New page] [Smart network list] In addition to navigation, this map company has more things to do

  ● Would you buy such a "mushroom head"?

  In the field of smart cars, Autonavi this time brings A + Box, a product that we consumers can buy in the future, and we use the most space to talk about it. The name of A + Box is not very down-to-earth. You can simply understand it as an Autonavi version of CarPlay. Of course, it is a combination of software and hardware products, and many places are too different.

[New page] [Smart network list] In addition to navigation, this map company has more things to do

  At present, the models equipped with MirrorLink mapping function in China are mainly some models of Volkswagen, Toyota and other brands. A + Link is even rarer. CarPlay and CarLife have invested a lot of time and money in their development for many years to reach their current size. After A + Box used MirrorLink too much in the early stage, I am afraid that Autonavi and Ali will also embark on such a "horse race" road for A + link.

[New page] [Smart network list] In addition to navigation, this map company has more things to do

  At the meeting, Autonavi and Audi also announced a cooperation based on the A + Box. From the beginning of next year, the production version of the "square box" will be carried on Audi’s models one after another.

[New page] [Smart network list] In addition to navigation, this map company has more things to do

[New page] [Smart network list] In addition to navigation, this map company has more things to do

  This makes the process of entering the A + BOX system from the original system less "theatrical", which can reduce the discomfort caused by the "system set system" to users.

[New page] [Smart network list] In addition to navigation, this map company has more things to do

[New page] [Smart network list] In addition to navigation, this map company has more things to do

[New page] [Smart network list] In addition to navigation, this map company has more things to do

  Geely, SAIC passenger cars, and some Android-based rear-loading vehicles and streaming mirrors all use the Autonavi map car version. Based on past experience, the experience is still guaranteed.

[New page] [Smart network list] In addition to navigation, this map company has more things to do

  The core of this technology was still the algorithm. With the algorithm, it would not be a big problem to put it on a full LCD dashboard or a streaming rearview mirror. It was a pity that there was no chance to actually try the effect of the actual road.

[New page] [Smart network list] In addition to navigation, this map company has more things to do

  The more exciting thing on the display car is the voice control system, which is currently using the IDST solution of Ali Damo Academy, which supports natural semantics better. Of course, overseas brands have always been "inferior horses" in voice control, and Autonavi’s opponents should not be them.

[New page] [Smart network list] In addition to navigation, this map company has more things to do

  The voice supports the OneShot function, which means you can say "Hello, Xiaode" and the command you want to give, instead of having to say the wake word and wait for the voice to wake up before proceeding to the next step.

  At the same time, the "wake-up word" function is supported under the navigation and music interface. You can directly say zoom in/out of the map, face up, do not take the high speed, exit the navigation under the navigation interface, and say the previous/next song, pause, single loop, etc. under the music interface, eliminating the wake-up step.

[New page] [Smart network list] In addition to navigation, this map company has more things to do

  In fact, voice is a product piled up with a large number of cases. It does not rely on too much creativity. It is a thorough "experience discipline". Everyone knows how to go down this road, and as long as you are willing to go down, you can make a good product, but you also need to know that the implementation of every entry and every detail function requires a lot of time and money. Therefore, similar to our life, there is a path destined to "success", but only a few people can follow it.

[New page] [Smart network list] In addition to navigation, this map company has more things to do

  Of course, there are also problems. The connection agreement limits the sales of this product in the future, and how to prevent it from becoming a "geek-only" niche product. This is the problem that Autonavi faces. In addition, whether it is a "mushroom head" or a "square box", we will definitely have to pay for it. Admittedly, it is much better than CarPlay and CarLife, but whether this gap is enough to make you pay for the device is a question that we consumers need to think about.

  High-definition maps and autonomous driving

  If A + Box represents the ideal of Autonavi maps in smart cars and is for humans, then high-definition maps are for autonomous driving and for machines to see.

[New page] [Smart network list] In addition to navigation, this map company has more things to do

  Nowadays, more and more V2X road test sites are landing in Wuxi, Hangzhou, Chongqing and other places. V2X has almost become a hot word in the industry. Many people do not know what it is. V2X is vehicle-to-road coordination, that is, cars and cars, cars and pedestrians, cars and traffic lights exchange data to achieve the purpose of "unlimited line of sight".

[New page] [Smart network list] In addition to navigation, this map company has more things to do

  In order to achieve the high-level stage of autonomous driving, it is necessary to rely on V2X and ADAS systems based on vehicle sensors to cooperate with each other. Low-latency communication technology, networked traffic signal facilities, cloud computing brains, and of course high-precision maps are all important aspects of realizing V2X. However, at present, both V2X and high-precision maps are still in their infancy, and it will take time to truly implement the product.

[New page] [Smart network list] In addition to navigation, this map company has more things to do

  Full text summary

  Whenever things change, people always feel sad, and there are always friends who say: What’s the use of fooling around with these chores, I love driving! In fact, it is not necessarily love driving, what we repel in our hearts is just to hand over the steering wheel. The approaching of autonomous driving makes the "driving" attribute of the car weaker and weaker, and the "riding" attribute is stronger and stronger. In-vehicle interaction and entertainment are also more and more important. Everyone has their own opinions on change, but we must also admit that for the vast majority of us who are "good at" compromise, the cars we drive are not "driving fun" at all.

  No matter how far the technology develops, Fox RS can still be a manual transmission, but for ordinary people, for sanitation workers and logistics practitioners, let Autonavi and other ideal companies help people achieve an easy journey. (Author: Zheng Xu)

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The sauce-flavored latte in the electric mixed world! Galaxy L7 has sold over 10,000 in consecutive months, and Geely’s new energy sword points to the first echelon

"Wine and coffee, cup after cup."

On September 4, the joint coffee "Sauce Latte" launched by Kweichow Moutai and Luckin Coffee was officially launched, claiming that "every cup contains Kweichow Moutai wine".

After going online, "Sauce Latte" instantly "sold out", and related topics quickly appeared on Weibo’s trending topic list. Many people were swiped by "Sauce Latte", which can be called "the top of the whole people".

The reason why Luckin’s "soy sauce latte" can quickly enter the circle is that it has truly become a "popularizer" of Moutai. Since it is a popularizer, it will definitely come with sincerity, so the retail price is 38 yuan/cup, and the "soy sauce latte" with 19 yuan/cup after using the coupon quickly became a hit.

Also a "popularizer", Geely Galaxy L7 is also in the market segment, bringing the same "sauce latte" phenomenon.

According to the latest August sales data released by Geely Automobile Group, the Geely Galaxy L7 market continued to perform hot, with sales reaching 11,117 units in August, an increase of more than 10% month-on-month, and a new monthly sales record since listing. After refreshing the speed of China’s electric hybrid SUV "monthly sales breaking 10,000", Galaxy L7 unlocked the new achievement of "monthly sales breaking 10,000" this month.

Three consecutive months of high-light performance not only allowed Geely Galaxy L7 to win a place in the plug-in SUV track that has long been dominated by products such as Song PLUS DM-i, but also solidified its identity as a "high-value smart electric hybrid SUV popularizer".

In the eyes of Kung Fu Automobile, after opening the market with sincere leapfrog products, the reputation of "Geely Galaxy"’s high-value products has formed a "sauce latte" phenomenon in the car market.

(1) Only by "mixing" well can we reach the championship

"Sauce Latte" became popular because of the sauce-flavored taste of coffee + Moutai.

The same is true for the "electric hybrid" of Geely Galaxy L7.

Geely Galaxy L7 is based on the e-CMA architecture, equipped with the Aegis battery safety system, Raytheon Electric Hybrid 8848, and new energy electrification technologies such as the new car operating system "Galaxy N OS", which can be called the "True Fragrance Electric Hybrid SUV" of the technology.

This makes this product not just for stacking materials, but designed to surpass others from the beginning. The new generation of Raytheon hybrid engine B-Plus on Geely Galaxy L7 plus the 3-speed variable frequency electric drive DHT Pro, 6.9 seconds of zero-hundred acceleration, a 100-kilometer power loss fuel consumption of 5.23L and a CLTC comprehensive cruising range of 1370 kilometers all make the product highly competitive.

From the aspects of styling design, driving control performance, intelligent safety, etc., Geely Galaxy L7 not only rolls out the height, but also rolls out the high value. Moreover, the high value also accurately hits the pain points of contemporary young consumers and occupies the user’s mind. The result is that Geely Galaxy L7 high-end models have become mainstream.

According to the sales structure analysis data, the current average transaction price of Geely Galaxy L7 has reached 165,000 yuan, of which more than 90% of users buy high-end and top-end models, much higher than other hot-selling plug-in SUVs in the same class.

Kung Fu Auto believes that the high-value system built by Geely Galaxy series and the concept of "high-value intelligent electric hybrid SUV popularizer" have been highly recognized by market users. This also means that Geely Galaxy L7 will be expected to compete with Song PLUS DM-i and other products for the market champion of 150,000-class plug-in hybrid SUV.

(2) Intelligent electric hybrid CP helps Geely’s new energy take off

The strong performance of Geely Galaxy L7 has also led to the take-off of Geely New Energy.

Geely Automobile sold a total of 152,626 vehicles in August, of which Geely new energy models accounted for about 31%.

There is no doubt that Geely wants to continue this trend, but the Galaxy L7 alone obviously cannot fully support it, and Geely still needs a "Galaxy Matrix". And the second new Galaxy L6 is about to go on sale, which undoubtedly brings more confidence and potential to Geely.

At the same time, the great success of the Galaxy L7 has provided a very good reference for the Galaxy L6’s playing style and thinking. Especially in terms of channels, there are currently more than 450 Galaxy series channels. Compared with traditional oil car channels, the new new energy channels can provide users with more scene-based experiences of buying, watching and using cars.

What’s more, the Galaxy L7 and L6 cars also share a lot of product strengths, such as the 3-speed DHT PRO gearbox, which can bring better acceleration, handling and driving experience with the traditional hybrid single-speed structure, and the fuel economy can also be improved. It also includes the smart cockpit experience, which has a better upgrade and experience with the existing plug-in hybrid, and can naturally win the favor of more consumers.

It is foreseeable that after the Galaxy L6 is officially launched and delivered, Galaxy’s SUV + sedan will form the "Galaxy trend", and Geely Galaxy will further achieve strong growth, or can directly promote Geely New Energy to achieve the level of monthly sales of 50,000 vehicles, so that Geely Galaxy series quickly ranks among the first echelon of the A-level plug-in market.

(3) Kung Fu shooting

Like the "Sauce Latte", the strong popularity of Geely Galaxy L7 relies on the hard power of "mixing". The former relies on unexpected but reasonable joint names, while the latter relies on the accumulation of products, technologies and brands.

In the past two years, Geely has continued to invest in new energy technologies, and the arrival of good products has also chosen a suitable time. Later, first come, win at the turning point, probably Geely Galaxy L7 will continue to rise in the electric hybrid market and continue to improve.

With the arrival of more members of the Galaxy series, such as Galaxy L6 and Galaxy E8, Geely’s performance in the new energy market has become increasingly promising.

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The new M7 has once again become the best-selling model in its class during the National Day holiday, with orders exceeding 12,000 units!

According to the order data chart posted by multiple bloggers, the Wenjie New M7 once again became the best-selling model in the same class during the National Day holiday (September 29-October 3). During this holiday period, the Wenjie New M7 has accumulated more than 12,000 units, and the daily average has exceeded 2,400 units, setting a new sales record.

Previously, Yu Chengdong revealed that the new M7 has invested more than 500 million in the upgrade process, combining Huawei’s leading innovative technology and Sailis’ advanced vehicle intelligent manufacturing capabilities. On September 12, the new M7 was launched immediately after the launch of the market, with an average daily quantity of more than 1,500.

According to him, the Wenjiexin M7 brings spacious space, intelligent technology and excellent safety performance. Especially in terms of intelligent safety, the Wenjiexin M7 is at the leading level in the industry. At the same time, it also has a more powerful chassis and performance, more spacious interior space, more advanced intelligent driving functions and intelligent cockpit. At present, the car is working hard to increase production capacity to speed up delivery. In terms of driving experience, the Wenjiexin M7 has upgraded HUAWEI DATS 2.0 (Dynamic Adaptive Torque System) and front and rear suspension dual FSD (Frequency Selective Damping, Frequency Selective Damping) variable damping shock absorbers to make the ride more stable and smooth.

The new M7 is equipped with the HUAWEI DriveONE range-extending electric drive platform, and the four-wheel drive version only takes 4.8 seconds to accelerate 100 kilometers. Under the condition of full oil and full power CLTC, the comprehensive cruising range reaches 1300 kilometers, and the pure electric cruising range is 240 kilometers. Under the feeding condition, the fuel consumption is as low as 5.6L/100km.

In addition, the new M7 is equipped with 27 sensing hardware such as 1 overhead lidar, 3 millimeter wave radars, 11 high definition visual perception cameras and 12 ultrasonic radars, combined with high-performance computing platform and Huawei’s self-developed anthropomorphic algorithm, to achieve full-scene and all-weather perception of dynamic and static targets (including special-shaped objects). Equipped with HUAWEI ADS 2.0 advanced intelligent driving system, it has active safety capabilities beyond its peers. Even if the vehicle speed is as high as 90km/h, the automatic emergency braking can be stopped steadily.

In terms of passive safety, Wenjie’s new M7 body structure has been carefully designed and modified, and a new welding process has been adopted to make it safer and more reliable. In the vehicle, the proportion of submarine-grade thermoformed steel reaches 24.4%, and the proportion of high-strength steel and aluminum alloy reaches 80.6%. In addition, CBS (Composite Body Solutions) composite body material has also been introduced, which effectively improves the body stiffness and collision safety performance.

The official guide price of the new M7 series is: M7 Plus five-seat rear drive version 249,800 yuan, M7 Plus five-seat four-wheel drive version 284,800 yuan, M7 Max five-seat smart drive version 309,800 yuan; M7 Plus six-seat rear drive version 269,800 yuan, M7 Max six-seat smart drive version 329,800 yuan, the next order may enjoy the purchase rights of 33,000 yuan.

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The ideal suddenly reduces the price and gives the old car owner a cash refund! "I seem to have picked up 30 thousand yuan in the morning."

Less than two months after listing, the ideal MEGA has reduced its price!

Early this morning, LI released brand-new prices for 2024 models of Ideal L7, Ideal L8, Ideal L9 and Ideal MEGA, and lowered the prices of four models. In an instant, # ideal price reduction # rushed to the top of hot search, and netizens talked about it.

Affected by this news, LI opened 5.83% lower at the beginning of trading today, and its share price once broke through HK$ 100.

Among them, the Ultra and Max versions of L7 and L8 series are reduced by 20,000, and the Pro versions of L7 and L8 series are reduced by 18,000. The price of L9 is reduced by 20,000; The new price of the ideal MEGA is 529,800 yuan, which is 30,000 yuan lower than before. The new price can be enjoyed by users who have newly ordered and those who have ordered but not delivered.

At the same time, LI also announced that it will provide cash back to the owners of 2024 models of Ideal L7, Ideal L8, Ideal L9 and Ideal MEGA.

Ideally, this price cut is regarded by the industry as a rescue measure for LI to cope with the decline in sales. The first thing is the ideal MEGA. Ideal MEGA was officially listed on March 1st, with an official guide price of 559,800 yuan. Li Xiang, CEO of LI, once threatened that MEGA would become the number one in sales of all passenger cars with more than 500,000 regardless of energy form and body form, but the market response after listing was not as good as expected. According to the public data of relevant platforms, the monthly sales volume of the ideal MEGA in the first month after listing is about 3,000 vehicles, ranking only the eighth in the monthly sales list of all MPVs.

Besides the poor performance of the ideal MEGA, the orders of L7, L8 and L9 also failed to meet expectations. Due to the discount of 2024 new cars and the price involution of competitive models, L7, L8 and L9 were robbed by competitors. According to official data of LI, LI delivered 28,984 vehicles in March. If the sales volume of the ideal MEGA in March is 3,000, the sales volume of the ideal three L-series new cars is about 25,000, which is nearly 20% lower than that in January this year, and it is far from the performance of exceeding 50,000 at the end of 2023.

Although LI’s sales data increased in March, there was a big gap with LI’s previous expectations. LI officials had expected that the monthly sales of 50,000 vehicles would be restored last year through the listing of the ideal MEGA and the delivery of 2024 L-series models, but only 58% of the target sales were actually achieved in March.

After the performance of Ideal MEGA failed, Li wanted to issue a letter to all employees on March 21st, reflecting on the rhythm and sales volume of Ideal MEGA, and making targeted adjustments to product management, distributors, charging network layout and sales volume expectations. In the internal letter, Li wants to admit that he has misjudged the grasp of the market rhythm, and points out: "We mistakenly regard the stage from 0 to 1 (commercial verification period) of MEGA as the stage from 1 to 10 (high-speed development period) to operate." To this end, Li wants to reduce excessive attention to sales, return to healthy growth, and focus on improving user value and operating efficiency.

On April 3rd, LI issued a staff announcement, announcing the upgrading of matrix organization, which involved the organizational structure adjustment of several departments. This is also a substantial measure taken by LI after Li Xiang, founder and CEO of LI, issued an internal reflection letter on March 21st to admit his mistake.

The price of all models in Tesla China market was reduced by 14,000 yuan.

Yesterday, Tesla China official website showed that the price of all models of Tesla Model 3 /Y/S/X was reduced by 14,000 yuan. After the price reduction, the starting price of Model 3 was adjusted to 231,900 yuan, and the starting price of Model Y was adjusted to 249,900 yuan. At the same time, Tesla also canceled the five-year zero interest financial policy for Model 3 models just launched on April 3. At present, only Model Y can enjoy this financial discount.

Some netizens said: "I woke up and lost money … …”

It is worth noting that on April 1st, under the background of domestic major automobile brands’ price reduction, Tesla China announced a price increase. The price of Tesla Model Y was increased by 5,000 yuan, and the starting price was adjusted to 263,900 yuan.

In addition, Tesla also announced its commitment on April 3rd: all Model S/X models ordered before April 3rd (inclusive) and delivered from April 30th (inclusive) to June 30th (inclusive) can enjoy the rights and interests of the commitment on value preservation according to the contract (a commitment agreement on value preservation is required), that is, if the preconditions agreed in the commitment agreement are met after three years, the owner can apply for Tesla on the basis of 45% of the vehicle fare.

In response to this price reduction, some netizens found that, as far as Model 3 and Model Y models are concerned, this price reduction is equivalent to the preferential strength in March: Tesla launched the "Spring Courtesy-Limited Time Car Welfare" activity on March 1, and purchased and delivered Model 3 or Model Y rear-wheel drive version from March 1 to March 31, and you can enjoy 8,000 yuan insurance subsidy plus 6,000 yuan car paint discount, which is just 14,000 yuan.

In addition to reducing the price in China, Tesla also reduced the price in the United States. Official website of Tesla USA showed yesterday that the price of Model Y was reduced by $2,000 in the US market, of which the price of Tesla Model Y was lowered to $42,990, and the price of Model Y long-life version was lowered to $47,990.

In addition, not long ago, elon musk, CEO of Tesla, said in an internal email to employees that the company would lay off more than 10% of its global employees. He said that this will keep the company lean, innovative and enter the next growth cycle.

Yesterday, Tesla cut prices, and today, LI immediately followed suit. Industry insiders predict that with the opening of the Beijing Auto Show just around the corner, the price war in the auto market will continue this year. 

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The concentrated emergence of high-value and high-product models has turned Chongqing’s automobile industry from "quantitative change" to "qualitative change".

On December 26, at the AITO Authorized User Center, many consumers came to inquire about the AITO M9.

This group of pictures was taken by reporter Zhang Jinhui/Visual Chongqing

On December 26th, the AITO M9, the flagship SUV of Panorama Smart in cooperation with Huawei, was officially launched. This car is not only the integration of the most cutting-edge technology and the latest manufacturing technology in the automotive industry, but also once again enhances the outside world’s perception of "made in Chongqing" cars.

A few days ago, the National Bureau of Statistics also released the latest data. From January to November this year, Chongqing’s automobile production reached 2.0742 million, an increase of 10% year-on-year, ranking second in the country.

In the past decade or so, Chongqing’s automobile production ranking in the country has fluctuated a lot, and now Chongqing has once again ranked among the top in the country. The industry is more concerned about the specific path to promote the development of the local industry. After all, through the "impulse" of mid- and low-end products, it is no longer sustainable in the current automobile industry pattern.

Chongqing’s automobile industry has performed well this year. Is there really a "new driving force" behind it? From the emergence of the AITO M9 and the performance of major automobile companies in Chongqing this year, we can see that Chongqing’s automobile industry is shifting from "quantitative change" to "qualitative change".

The price of high-end cars has reached 500,000 to 600,000 yuan

Since the second half of this year, the AITO series jointly designed by Cyrus Automobile and Huawei has continued to sell well. Sales of Cyrus new energy vehicles reached 23,834 units in November, an increase of 104.39% year-on-year; of which, sales of Cyrus brand reached 20,318 units, an increase of 145.92% year-on-year, both setting new highs.

Changan Automobile is still awesome. In November, its own brand new energy vehicle sales exceeded 50,000, an increase of 52.73% year-on-year.

The reporter learned from the Municipal Economic and Information Commission that Chongqing’s new energy vehicle production in November increased by more than 100% year-on-year, far exceeding the year-on-year growth rate of the total local automobile production during the same period.

The relevant person in charge of the Municipal Economic and Information Commission said that since 2023, Chongqing’s new energy vehicles have contributed 85% to the growth of the city’s automobile industry.

"Behind the recent outstanding performance of Chongqing Automobile, it is obviously driven by high-end models, especially high-end intelligent networked new energy models." A relevant person from the Chongqing Automobile Business Association said that a large number of high-value and high-product "Chongqing-made" models have emerged this year, with more intensity and frequency than ever before.

The reporter combed the hot-selling new energy models launched in "Chongqing" this year and found that they are basically mid-to-high-end cars. For example, Changan’s dark blue S7 model, the price is between 150,000 and 220,000 yuan, and the price of Avita 11 Hongmeng Edition and Avita 12 is in the range of 300,000 to 400,000 yuan. Cyrus AITO asked the world M5 smart driving version and AITO asked the world new M7 price coverage 250,000 to 400,000 yuan. AITO asked the world M9 pushed the price to more than 500,000 to 600,000 yuan.

New path makes "Chongqing-made" cars popular

In the opinion of industry insiders, the above changes in Chongqing’s automobile industry are influenced by a profound value logic.

On December 16, at the special event of the Chongqing International Talent Exchange Conference, Li Keqiang, academician of the Chinese Academy of Engineering and chief scientist of the Intelligent Connected Vehicle Innovation Center of Chongqing Western Science City, pointed out that the automobile industry is ushering in the 4.0 era, and the new generation of automobiles will reflect the characteristics of low-carbon energy, electric power, intelligent body, and transportation network. The original automobile development model, production model, and ecology will change.

Dong Yang, vice-chairperson of the China Electric Vehicle 100 People’s Association, believes that people’s "quality view" of cars has changed now, from focusing on quality to focusing on experience. "In the past, when a new car was released and 20 new technologies were listed, it was great that the user could use one or two. Each car also came with a thick manual, and no one read it. This is not acceptable. Car companies must directly face the user, understand what the user needs, and let the user make full use of the new technology."

"The first is to’change ‘and strive to develop new technologies in the direction of intelligent networking and new energy; the second is to’get close’ to the needs of users, shorten the distance with users and reduce communication costs," said the relevant person in charge of Changan Automobile.

Looking at the many new products launched by Chongqing automakers such as Changan and Sailis this year, we can see that they all adhere to the above concept.

Take the M9 as an example. By using innovative owl-enhanced steering technology, the turning radius of a 5.2-meter-long "big guy" is smaller than that of a mid-sized sedan. In addition, the model also has dual lights 2.60 million pixel-refined lighting. When the high beam shines on the opposite vehicle, it automatically leaves a dark area, which does not affect the opposite car and maintains the high beam.

Qu Yunchao, a market watcher, believes that some of these technologies and features are targeted to solve users’ pain points, while others are to open up new experiences for users that are interesting or comfortable. The popularity of "made in Chongqing" cars this year is a testament to the success of this path.

Towards global first-class still requires "one step at a time"

In the new year, how can Chongqing’s auto industry anchor the new development coordinates? "The global auto industry landscape is undergoing subversive changes." Zhu Huarong, chairperson of Changan Automobile, said that from the six-point world of Europe, America, Japan, Germany and South Korea, to today’s Chinese brands sitting on half of the country, Chinese brands lead the world in terms of styling, new energy and intelligence, the scale advantage is further highlighted, and the competitive advantage of changing lanes is more obvious.

But it also raises a new set of problems.

For example, the future development of China’s automobile industry will no longer be promoted by learning from the outside world. For example, the boundary reconstruction of the division of labor for vehicles and parts, and the rapid conversion of new energy vehicle batteries from shortage to overcapacity.

To solve these problems, in order to become a global first-class, the road can only be walked out "one step at a time". Zhu Huarong believes that by accelerating the layout of products and production capacity, strengthening the layout of branding, strengthening the layout of marketing services, accelerating the improvement of the layout of the market, and strengthening the layout of organizational talents "five steps", to meet the various challenges of the critical period of the industry track transition.

Zhang Xinghai, chairperson (founder) of Sailis Automobile, said that the local area is currently in the best opportunity to develop new energy intelligent networked vehicles. Only a strong supply chain can support strong vehicle enterprises, and the industry should further expand open cooperation and let professional people do professional things in order to create high-quality products that meet user requests.

The relevant person of the Municipal Economic and Information Commission said that Chongqing strives to basically form a new ecosystem of intelligent networked new energy vehicle industry by 2025, and to build a world-class intelligent networked new energy vehicle industry cluster by 2030, with the industrial scale reaching the world’s first-class level.

Therefore, Chongqing will continue to expand its industrial scale, accelerate the completion and commissioning of new projects, the launch of new products, and the development and growth of new brands, and work together to build a trillion-level intelligent networked new energy vehicle industry cluster; adhere to the coordination of the whole zero, implement major projects to attract investment, cultivate and upgrade key enterprises, transform and upgrade traditional enterprises, and promote the integration of intelligent networked new energy vehicles to strengthen the chain and extend the chain; strengthen the integrated layout of charging, storage and cloud infrastructure, and promote the integration of energy networks, transportation networks, and information networks. Strive to form a moderately advanced, rational, intelligent and efficient charging and swapping service system; accelerate the networking transformation of existing roads, and create the most unique and rich vehicle-road collaborative experience scene in the country.

The first "made in Chongqing" panoramic smart flagship SUV

AITO asked the world about the M9 listing

On December 26, at the Wenjie M9 and Huawei’s winter full-scene conference, the first "Chongqing-made" panoramic smart flagship SUV AITO Wenjie M9 was officially launched, and a total of 4 models were launched in two power versions of extended range and pure electric, priced at 469,800-569,800 yuan.

AITO Q Jie M9 is jointly launched by Chongqing car company Sailis and Huawei, using a new family design "Kunpeng wing", the new car applies a number of cutting-edge innovative technologies, such as "super Xuanwu body", using the world’s largest one-piece die-casting molding, lightweight coefficient is significantly higher than the same level of models, the whole car 12 also uses 2 quadrillion nuclear submarine-class hot car steel.

The Huawei Tuling intelligent chassis equipped with the AITO M9 is equipped with intelligent closed air spring and CDC variable damping shock absorber as standard, which supports height adjustment of 5-speed cars. It also has a full-scene intelligent road preview system and adaptive active suspension, which can smoothly cope with different road conditions.

In terms of power, the AITO Qinjie M9 extended range version is equipped with a drive system composed of a 1.5T engine and front and rear motors, with a zero-hundred acceleration of 4.9 seconds and a pure electric version with a zero-hundred acceleration of 4.3 seconds. The extended range version has a fuel consumption of as low as 6.9 liters per 100 kilometers, a comprehensive battery life of up to 1402 kilometers, and a pure electric battery life of up to 275 kilometers. The pure electric version is equipped with Huawei’s "Giant Whale" 800-volt high-voltage battery platform, which can achieve a 5-minute charge and a battery life of 150 kilometers, and the overall battery life reaches 630 kilometers.

In terms of autonomous driving, M9 adopts Huawei ADS2.0 high-end intelligent driving, equipped with industry-leading 192-line lidar, with high definition cameras, millimeter wave radar, etc., to support national high-speed, urban expressways and urban intelligent driving.

AITO Qinjie M9 is expected to be delivered in batches on February 26 next year. The relevant person in charge of Cyrus said that the company has built a world-leading super smart factory in Chongqing, with intelligent manufacturing equipment that integrates advanced technologies such as AR vision and big data. Key processes are 100% automated, and a new car can be rolled off the assembly line every 30 seconds, with the highest production efficiency in the world.

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Tencent Holdings-R repurchased 2.63 million shares on June 17 at a cost of 1.003 billion HKD

  On June 17, Tencent Holdings-R announced that the company repurchased 2.63 million shares on the Hong Kong Stock Exchange on June 17, 2024, at a cost of 1.003 billion Hong Kong dollars, and the average repurchase price was about 381.44 Hong Kong dollars based on the number of repurchases and costs; according to the disclosure, the highest repurchase price was 385.60 Hong Kong dollars, and the lowest repurchase price was 374.80 Hong Kong dollars.

  It is understood that Tencent Holdings-R has repurchased 96.90 million shares in the past three months, accounting for 1.02% of the company’s issued share capital.

(Data source: iFinD)

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Sold 17.59

On June 13, the G318, a medium and large SUV owned by Deep Blue Motor, was officially launched.The new car launched a total of 6 models, including two-wheel drive/four-wheel drive models.The price range is 17.59-31 8,000 yuanThe car features a carrier body, extended range power, OurHours four-wheel drive system and dual differential locks. In addition, the vehicle will also be provided with a wealth of original expansion parts, including luggage racks, spotlights, electric pedals, spare tires, and more.

Dark blue G318 guide priceModel price (10,000 yuan)Two-wheel drive standard version17.59Two-wheel drive comfort version18.59Two-wheel drive suspension plate19.994WD Comfort Edition19.994WD air suspension plate22.99Worry-free time-lapse version31.80

  It is worth noting that the two-wheel drive standard version will not be delivered until August. The worry-free cross-over version is expected to start pre-sale in early 2025, and has not yet opened reservations. It also provides a cash subsidy of 31,800 yuan, as well as free vehicle shipping services from cities along the Sichuan-Tibet line to the whole country.

Sold 17.59-31 8,000 yuan, dark blue G318 officially listed

Sold 17.59-31 8,000 yuan, dark blue G318 officially listed

New car features

Sold 17.59-31 8,000 yuan, dark blue G318 officially listed

Sold 17.59-31 8,000 yuan, dark blue G318 officially listed

Sold 17.59-31 8,000 yuan, dark blue G318 officially listed

Sold 17.59-31 8,000 yuan, dark blue G318 officially listed

Sold 17.59-31 8,000 yuan, dark blue G318 officially listed

  In the exterior part, the car adopts a hardcore off-road styling style, officially named "Star Battleship", providing 7 body colors and named after the scenery along the 318 Sichuan-Tibet Line. The front face is equipped with a generous front surround and an overall blackened design, and with the C-shaped headlights on both sides, it shows a tough and sporty styling atmosphere. In addition, the dark blue G318 (parameters | inquiry) also has a roof searchlight, which can provide a 250m2 illuminated area, and is combined with a luggage frame for exquisite styling.

Sold 17.59-31 8,000 yuan, dark blue G318 officially listed

Sold 17.59-31 8,000 yuan, dark blue G318 officially listed

  On the side of the body, the new car still maintains the tough and straight line shape, and is equipped with widened off-road guards in the side skirt and front and rear wheel eyebrows of the vehicle. The dark blue G318 adopts 18/20-inch wheels and is available in three shapes, and can also be equipped with original AT tires. According to the official, the dynamic load-bearing capacity of its roof rack can reach 80kg, and the static load-bearing capacity of 300kg. It can also be equipped with an optional roof tent to expand the upper and lower double-layer space to accommodate five people to rest.

Sold 17.59-31 8,000 yuan, dark blue G318 officially listed

Sold 17.59-31 8,000 yuan, dark blue G318 officially listed

Sold 17.59-31 8,000 yuan, dark blue G318 officially listed

  In the rear part of the car, the dark blue G318 is themed "Space Gate". The solid and heavy surrounding shape is matched with a full-size external spare tire, which makes the hard off-road vehicle unique. In addition, the car will also be equipped with the original trailer hook and high brake lights to further ensure off-road driving safety. The top model also provides an electric suction tailgate. In terms of body size, the length, width and height of the car are 5010/1985/1895 (1960) mm, and the wheelbase is 2880mm.

Sold 17.59-31 8,000 yuan, dark blue G318 officially listed

Sold 17.59-31 8,000 yuan, dark blue G318 officially listed

Sold 17.59-31 8,000 yuan, dark blue G318 officially listed

Sold 17.59-31 8,000 yuan, dark blue G318 officially listed

Sold 17.59-31 8,000 yuan, dark blue G318 officially listed

Sold 17.59-31 8,000 yuan, dark blue G318 officially listed

Sold 17.59-31 8,000 yuan, dark blue G318 officially listed

Sold 17.59-31 8,000 yuan, dark blue G318 officially listed

  In terms of interior, the design concept of the dark blue G318 follows the hardcore off-road style, providing 3 interior optional colors. The large area of square contours creates a thick central control shape, with a large number of physical buttons, wide and thick stoppers, and hollow handrails, which are convenient for functional operation in various driving conditions. In addition, the car is also equipped with a 10.25-inch LCD instrument screen and a 14.6-inch central control screen, creating a good sense of technology. It is also equipped with a panoramic sunroof + electric sunshade.

Sold 17.59-31 8,000 yuan, dark blue G318 officially listed

Sold 17.59-31 8,000 yuan, dark blue G318 officially listed

Sold 17.59-31 8,000 yuan, dark blue G318 officially listed

  In terms of configuration, the dark blue G318 provides front seat ventilation/heating, 540 ° panoramic image (including driving recorder function), lane keeping, lane departure warning, sentinel mode, driver fatigue reminder, as well as Deepal OS ecological upgrade + "display enhancement" visual experience, five-sided double-layer sound insulation glass for the whole car, ENC active noise reduction technology, etc.

Sold 17.59-31 8,000 yuan, dark blue G318 officially listed

Sold 17.59-31 8,000 yuan, dark blue G318 officially listed

Sold 17.59-31 8,000 yuan, dark blue G318 officially listed

  It is worth mentioning that the car also provides a one-button flat seat design, the trunk volume can be expanded from 818L to 1747L, and 31 storage spaces are provided, which has strong flexibility and ductility in the car. The deep blue G318 will be equipped with the ET all-terrain system and integrates 16 driving modes, including 5 daily modes, 5 terrain modes (wading mode, snow mode, rugged mode, mud mode, sand mode), 3 special scenarios (in-situ U-turn, steep slope descent, off-road creep), 3 energy management modes, covering a variety of terrain modes.

Sold 17.59-31 8,000 yuan, dark blue G318 officially listed

Sold 17.59-31 8,000 yuan, dark blue G318 officially listed

  In terms of power, the Deep Blue G318 will be equipped with an extended-range power system, with a 1.5T turbocharged engine capable of outputting a maximum power of 150 horsepower. It is divided into two versions: single-motor and dual-motor. The maximum power of the single-motor version is 185kW and the peak torque is 310N · m; the front and rear dual-motor four-wheel drive version has a maximum power of 131kW for the front motor and 185kW for the rear motor. The total power of the system is 316kW and the peak torque is 572N · m.

Sold 17.59-31 8,000 yuan, dark blue G318 officially listed

Sold 17.59-31 8,000 yuan, dark blue G318 officially listed

  The dark blue G318 is equipped with a 35.07kWh lithium iron phosphate battery, with a comprehensive battery life of more than 1000km, and a pure electric battery life of 190km under CLTC conditions. It is reported that when the vehicle is exhausted, the fuel consumption of four-wheel drive feed is 6.7L/100km (CLTC), and the fuel consumption of two-wheel drive feed is 6.1L/100km (CLTC). In addition, the chassis of the car adopts the front double fork arm + rear five-link independent suspension system. The high-end model provides magic carpet suspension + CDC, adjustable soft and hard height, and is equipped with OurHours four-wheel drive system, double differential lock, R-EPS steering system, and 6kW external discharge function.

competing models

Sold 17.59-31 8,000 yuan, dark blue G318 officially listed

Sold 17.59-31 8,000 yuan, dark blue G318 officially listed

Sold 17.59-31 8,000 yuan, dark blue G318 officially listed

  The dark blue G318 is positioned as a medium and large SUV with hard attributes. Its high-end models overlap with the price of the Leopard 5, but the Leopard 5 is more hardcore and favors deeper off-road user requests. In contrast, the dark blue G318 body structure, power form and four-wheel drive system are more biased towards driving in the city most of the time, and occasionally light off-road or self-driving trips. For models such as Honda CR-V, Toyota Highlander, and Tiguan L PRO that pay more attention to daily driving comfort, they will also become competitors of the dark blue G318. The classic models of the joint venture brand have always had a good user base and reputation, but due to the configuration and single vehicle attributes, their own competitiveness is gradually weakening in the current young car consumer market.

editorial review

  As the first hard-core SUV under the Deep Blue Auto brand, it attracted much attention at the beginning of its debut. Its product positioning is more biased towards daily travel while taking into account certain outdoor car needs, but the overall appearance and styling are biased towards hard-core style. This positioning may be a new opportunity for the current highly competitive SUV market. But the launch of the new car is just the beginning, and the follow-up brand service and owner activities are also particularly critical. Whether it can provide more possibilities according to the brand attributes and model positioning will be more conducive to market development and user reputation accumulation. Let’s wait and see what the follow-up market feedback of the new car is.