Special feature of 1905 film network Recently, we saw some impressive animal actors on the big screen. The Chinese pastoral dog in the park has eight barrels, and the animal actors such as the horse "Red Rabbit" in the park have conquered the audience with their "face value" and "acting skills", making countless people cry.

These animals on the big screen even stole the limelight of famous actors such as Wang and others, and deeply healed the hearts of the audience. Animal actors and child actors have the reputation of "the most difficult actor to train", but many films have benefited from their excellent performances and become classics. The most powerful attribute of animals on the big screen is the healing they bring to the audience.

The recently released "loyal dog eight males" is about a puppy who is still waiting in the place where his former owner haunts after his owner dies. The film is adapted from a true story in Japan, which has also been adapted by Japan and the United States. The Japanese version of The Story of the Loyal Dog Hachiko is very sad in tone. Besides the touching feelings of the master and Hachiko, it also depicts the tragic life of Hachiko after the master’s death. The whole American version is more warm, focusing on Hachi’s waiting for his master; The China version emphasizes the family. These versions of loyal dogs have taken away the tears of countless audiences. It is worth mentioning that the first two versions of Hachi are played by Akita Dog, while the China version is Chinese Garden Dog.

Even though many viewers have seen different versions of "Loyal Dog Eight Men", they will still choose to go to the cinema to watch it, and they will still be moved by this story, which is a charm of pet movies. Wang Nan, a teacher of the Performance Department of the Central Academy of Drama, said: "As a veteran pet owner, (pet movies) will always poke the softest point in my heart. We just took out one percent of our life to take care of it, but it gave us our whole life. What emotion is the most touching? Simple and deep emotions are the most touching. "

According to the report on pet consumption in China in 2022, contemporary young people have become the main force of pet consumption. Judging from the user portraits displayed by the data of cat-eye ticket users in 2022, 20-29 years old is the main range of movie consumption. The dual identity of "shovel officer" and fans also makes them willing to go into the cinema to watch movies about pets. And can intuitively feel the emotional bond between people and animals conveyed in the film.

From now on, pet movies are also continuing to exert their strength. Some of them are adapted from true stories, while others are fiction; There are both "Wang Xingren" and "Cats" and other cute pets. They all bring us laughter or tears from different angles.

Of course, this is also inseparable from the superb "acting skills" of animal actors. At the press conference of "Dragon Horse Spirit", Jackie Chan, the leading actor, praised the acting skills of "Red Rabbit" as "eternal god". These excellent animal performances on the screen are the result of the joint realization of pre-training and post-production. Through the training of animal trainers, animals can master basic instructions, so as to better cooperate with shooting. Later, through editing, many behaviors of animals correspond to stories. In fact, the "leading role" in many animal movies is not the same cat and dog. For example, there are several "eight barrels" in "loyal dogs and eight males". After processing, the audience feels that they are the same.

But what impressed us most is probably the nature displayed by animal actors, which is also their most unique place. Sometimes animals give unexpected responses to our actions. Some movies capture such a flash of surprise. Therefore, truth brings us a touch.

These small animals on the screen, whether we are "shovel officials" in real life or not, can always bring us touch and warmth when the lights in the cinema are dim. Let’s say from the bottom of our hearts to the little animals on the screen and in life, "Thank you, little angel."

On the evening of November 24th.

The food season "A String of Life" broadcast on bilibili platform

In the second issue of the third season

Many netizens punched in a special barbecue in Xinjiang — — Baked stuffed skin

That night, this Xinjiang dark cuisine rushed to the Weibo hot search list

Netizens have said that

I can smell the fragrance through the screen.

Be sure to come to Xinjiang to eat once.

Some people say that there are two kinds of barbecues in China.　

One is Xinjiang barbecue.　

One is barbecue in other areas.

such

The position of Xinjiang barbecue in the food industry is self-evident.

Everything can be baked in Xinjiang where food is gathered.　

Just set up a barbecue stove for Xinjiang people.　

He can bake you a "Manchu-Chinese banquet"

Today, Xiaobian will take stock of the big guys.

Xinjiang barbecue industry"land, sea and air"

roast mutton

It is the most famous barbecue in Xinjiang.

Friends outside Xinjiang call it kebab.　

Xinjiang people call it barbecue

Select the meat from the leg of lamb.

Bake until it changes color.

With barbecue three musketeers

Salt, Chili noodles, cumin powder

Delicious was born.

And you think the barbecue in Xinjiang

Is it as simple as roasting the meat on the leg of lamb?

Let every part of the sheep make the best use of it

Is respect for sheep.　

Roast Whole Lamb

Color Huang Liang

Crispy skin and tender meat, fresh, fragrant, salty, fat but not greasy.

Cumin has a prominent flavor.

It is one of the top ten classic dishes in Xinjiang.

Roast rack meat

Shelf meat is mostly selected from the year-old sheep or sheep within one year of age.

Coat the meat surface with a layer of juice and marinate it.

So I hung the tasty meat on the rack and put it in the pit.

Its color is golden, fresh and delicious.

The meat smells delicious and makes people drool.

Naokengrou

When we talk about eating Naokeng meat, we usually mean Naokeng kebabs.

Seal the kebabs with seasoning in the pit.

Xiao huo man Kao

Bake for a certain time

Open the nang pit and the fragrance is overflowing.

It is not an exaggeration to describe it as "fragrance travels ten miles"

baked lamp chop

It is best to choose lamb chops that are fat and thin, and the texture is soft.

"Click" and take a bite.

The outside is tender, and the sweetness of mutton lingers between the lips and teeth.

Jiu JIU Liu Xiang

Mutton tripe wrapped in meat

Mutton tripe is a natural cooking utensil.

Put the mutton soaked with seasoning into it.

The sand under the charcoal fire is the most natural oven.

After waiting for 4 hours.

Charcoal fire released the fresh flavor of mutton.

Jiao Xiang chong mian

Roast lamb liver, roast lamb heart, roast lamb belly and roast lamb intestines.

The internal organs of roasted sheep are an important part of Xinjiang barbecue.

String a piece of meat with a piece of sheep tail oil.

Put it on a charcoal fire and bake it slowly over low heat.

Take a bite.

Crispy outside and tender inside have a unique taste.

Long finish

Baked stuffed skin

Speaking of this dark dish that surprised netizens.

Well, it’s really dark.

This veritable meat-wrapped meat combination

It’s not a disguised rib.

It’s not baking.pasteSweet potato

It’s actually the spleen of a sheep.　

Because of the addition of "materials" during production.

So it’s called Seppi.

Plug the meat stuffing and "sew" it with a drill

The aroma of baking surrounds the skin of the meat.

After biting, the hot air of the meat smell rises in the mouth.

Make people want to stop.

Baked liver in oil

Liver wrapped in oil, its full name should be "liver wrapped in sheep intestine"

Popular name is "fake kidney"

Chop sheep liver and leather teeth, add seasoning and mix well.

Then wrap them in sheep intestines and wear them with red willow branches.

It is not only satisfying the appetite, but also nourishing.

Roasted lamb kidney

Lamb kidneys are rather fat and need to be roasted on low fire.

Roasted lamb kidneys are particularly strong to chew.

Full of oil juice.

Except these

Sheep can also be roasted with sheep head, sheep hoof and sheep tail oil.

……

If you just say around the sheep, sheep and sheep

Then you underestimate the barbecue in Xinjiang

Xinjiang KekaoReally.Too much

Roasted camel

This dish is only summed up in four words:Incredibly large

Roast whole beef

This dish is serious.　

Rourunze Huang Liang

Well, it looks delicious.

Nangkeng roast chicken

Delicious roast chicken can be seen everywhere on the street.

But the roast chicken baked from the pit must be rare.

After the chicken is evenly coated with the egg flour mixture and massaged.

Hanging into the long-awaited pit

in a little while

The roast chicken with attractive color and crisp skin and fresh meat is out of the oven

While the roast chicken is still hot

Tear a piece directly by hand

It won’t get tired of eating at all.

Roasted pigeon

Marinate pigeon meat with eggs, starch, seasoning, etc.

Roasted with apricot and mulberry charcoal.

Sprinkle seasoning while baking.

Pigeons can turn golden yellow in about five minutes.

The pigeon skin just served on the table is still greasy,

Take a sip, and the bones smell fragrant.

roast fish

In Xinjiang, where no sheep are unhappy.

Only fish that grow up drinking melted water from the snow-capped mountains deserve a circle.

The freshly caught wild fish, now cut and roasted, retains the freshest taste of the fish.

Although the technique is rough, it tastes good.

The meat is firm and delicious.

This bite, there is no other grilled fish.

Baked milk (pāo)

This dish pays the most attention to heat.

It can neither be roasted with slow fire nor with big fire.

Otherwise, you will lose the most precious milk fragrance.

If you can eat these barbecues one by one.　

You must be very supportive at the moment, aren’t you?

There is something more fascinating than Dawusu.

Roasted ribs, barbecued ribs and roasted ox head meat.

Roasted beef tongue, roasted cornmeal sausage, etc.

(Ten thousand words are omitted here)

Save it for next time.　

Since everything can be baked

A dazzling array of vegetables

It must also be arranged

Roasted leek, roasted Flammulina velutipes and roasted eggplant.

Roasted mushroom, roasted peppers, roasted garlic.

Roasted Pleurotus ostreatus, roasted cauliflower and roasted beans.

……

(the name of the dish has not been reported)

Is the introduction of barbecue in Xinjiang almost here?

No, no, no.

And them.

Baked watermelon

Do you think the baked watermelon in Xinjiang is sliced and baked?

NO！

In Xinjiang, baked watermelons are all baked in nangkeng.

The fragrance of watermelon is mixed with the fresh fragrance of meat.

Smell it, and the fragrance will seep into the five zang-fu organs.

Makes your mouth water.

Roasted pumpkin

Besides eating barbecue in Xinjiang.

You can’t miss the unique roasted pumpkin.

The sultry environment in the nang pit roasted the pumpkin to be tender and tender.

After 2-3 minutes, steaming.

Baked pumpkin with burnt fragrance becomes it.

Bite into the mouth

The rustling meat is comparable to French dessert.

One is enough to fill the stomach.

Roasted goose egg

Baked eggs are the star products of Hotan night market.

Use goose egg eggshell as a base

Add goose egg yolk, egg yolk and pigeon egg yolk.

A little saffron

Adding honey and Chinese herbal medicine

Bake while stirring properly.

Baked egg

The faint smell of paste is mixed with sweetness.

How much do Xinjiang people love barbecue?

A grandmother in her 90 s

Keep eating barbecue even if your teeth fall out.

Nothing in Xinjiang can’t be solved by a barbecue.

If one meal can’t solve it, then two meals.

Xiaobian, let’s go to eat barbecue first.

Ho-hee ~

　　Has developed flu-like symptoms.

　　Can I continue to get the flu vaccine?

　　If flu-like symptoms have already appeared, it is recommended to continue the flu vaccination after the diagnosis and self-recovery.

　　The main reasons are as follows: First, the symptoms of respiratory tract infection are not specific, and flu-like symptoms such as fever and headache may appear in various pathogenic infections. However, these symptoms are not necessarily caused by influenza virus, but also by other pathogens, the most common being the common cold. Second, there are many types and subtypes of influenza virus that can cause epidemic, and influenza vaccine covers many multivalent vaccines of different types and subtypes. If you are vaccinated after being infected with a certain type of influenza, which contains other types of influenza components, you can still play a role in preventing this type of influenza.

　　In addition, in the same epidemic season, it is usually prevalent by different types and subtypes. For example, at present, it is mainly subtype A H3N2. Followed by influenza B, in the past, there have been cases in which the dominant strains gradually changed from one type to another in the same epidemic season. Therefore, even if the flu symptoms have appeared recently, it is recommended to get flu vaccine as soon as possible after recovery, especially for key groups such as the elderly. Vaccination can reduce infection and reduce the risk of severe illness and death.

　　At present, everyone is interested in vaccination

　　What are the concerns?

　　The first is the danger of influenza. Influenza is not a common cold, but an acute respiratory disease caused by influenza virus. People are generally susceptible to influenza virus, especially infants, the elderly and patients with chronic basic diseases. The health impact or harm of these people infected with influenza will be more serious, and complications such as pneumonia may occur.

　　The second is the effectiveness of the vaccine. Current scientific research and vaccination practice have proved that influenza vaccination is effective in preventing influenza. Take the high-risk population who may have a higher risk of severe illness after being infected with influenza — — For the elderly, influenza vaccination can effectively reduce the incidence of influenza and the incidence of influenza-related complications. For children and school students, influenza vaccination can prevent or reduce the incidence of influenza. In addition, vaccination can also reduce the absenteeism rate of students due to influenza.

　　Finally, the safety of the vaccine. Influenza vaccine has been used all over the world, including China, for decades. Long-term vaccination practice suggests that it is a relatively mature vaccine and has good safety.

　　How long will it take to get the flu vaccine to have a protective effect?

　　Before that, how should we protect ourselves?

　　In addition to influenza vaccination this winter and next spring, pneumococcal vaccine and Covid-19 vaccine are also recommended for the elderly and people with chronic basic diseases. For children, it is suggested that non-immunization programs such as pneumococcal vaccine and Haemophilus influenzae type B conjugate vaccine should be inoculated on the basis of continuing immunization program vaccination. No matter whether it is an immunization program vaccine or a non-immunization program vaccine, the requirements of vaccination specifications should be strictly followed during the vaccination process.

　　Influenza vaccine usually has a protective effect after two weeks of vaccination, but respiratory diseases are easy to spread, so it is necessary to develop good personal hygiene habits and healthy lifestyles to reduce the risk of infection of respiratory diseases. Specifically including:

　　One is to wear masks scientifically. If you go to a closed environment and crowded places, take public transport or go to the hospital, it is recommended to wear a mask and pay attention to changing it in time.

　　The second is to develop good personal hygiene habits. When coughing or sneezing, cover your mouth and nose with paper towels or towels. Wash your hands or disinfect your hands in time after touching public facilities such as elevator buttons and door handles, and after coughing or sneezing.

　　The third is to develop a healthy lifestyle. In daily life, we should keep enough sleep, adequate nutrition and proper physical exercise to enhance our physical fitness and improve our immunity.

　　In addition, daily attention should be paid to keeping the environment in the home and workplace clean, and opening windows regularly for ventilation.

CCTV News:New spring, new departure, high-quality development ushered in a steady start. At the press conference of the Second Session of the 14th National People’s Congress held on March 4th, Lou Qinqin, spokesman of the conference, said that the favorable conditions for China’s development are stronger than the unfavorable ones, and the basic trend of economic recovery for the good and long term has not changed, so we have enough confidence and confidence.

Under the "zero tariff" policy of Hainan Free Trade Port, the value of goods enjoyed exceeds 20 billion yuan.

The reporter learned from Haikou Customs that since December 2020, three lists of "zero tariff" raw materials, vehicles, yachts and self-use production equipment in Hainan Free Trade Port have been implemented one after another. By the end of February this year, goods imported under the "zero tariff" policy reached 20.2 billion yuan, and taxes were reduced or exempted by 3.81 billion yuan.

5.5G is expected to be commercialized on a global scale this year.

The world’s first 5G-A, that is, the 5.5G full-range and full-scenario solution developed by Huawei, has been officially released recently, which has greatly improved in terms of capacity, speed, delay, positioning and reliability, and is expected to achieve low-cost 100 billion IOT. At present, the scheme is being tested by several key operators in China, the Middle East, Asia-Pacific and Europe, and it is expected to be commercialized on a large scale in the world this year.

The most intuitive experience brought by 5.5G is "fast". The maximum download rate of 5.5G data will be increased from Gigabit to 10Gigabit, which can support the large bandwidth, low delay and high possibility required by innovative services such as augmented reality and naked-eye 3D, and the maximum upload rate of data will also be increased from 100Mbit to Gigabit, which can support the comprehensive cloud access of massive data, the popularization of live broadcast, and the symmetrical experience of holographic interaction.

In addition, there are many new functions in 5.5G. For example, 5.5G supports full-scene, full-capacity and 100 billion-connection, which can be connected from industrial-grade high-speed to large-scale passive IOT. 5.5G will also support millisecond delay and achieve centimeter-level positioning accuracy.

Wuxi, Jiangsu Province launched "Ten Measures to Facilitate Foreigners’ Coming to Tin"

On March 2,

The Wuxi Municipal Government held a press conference to introduce the Ten Measures for Facilitating Foreigners’ Coming to Wuxi. Among them, the six facilitation scenes focus on foreigners’ entry and exit, payment, residence and travel, etc. At the same time, a number of demonstration units for foreigners’ convenience window will be built, including promoting the construction of 10 demonstration business districts for foreign card acceptance, 100 demonstration units for foreign service and 1,000 friendly scenes for foreigners, so as to provide foreigners with more convenient, efficient and accurate services.

Ministry of Foreign Affairs of China: China will provide a safe, comfortable and convenient travel environment for foreign tourists.

On March 1st, the mutual visa exemption agreement between China and Thailand came into effect. The data shows that on March 1, Thai tourists’ travel orders to China tripled compared with last year, an increase of over 160% compared with 2019. At the regular press conference of the Ministry of Foreign Affairs held on March 4th, spokeswoman Mao Ning said that in order to facilitate the exchange of Chinese and foreign personnel, China has introduced visa-free reservation and other "three reductions and three exemptions" measures, at the same time, it has solved the problem of mobile payment for foreigners, and is committed to providing them with a safe, comfortable and convenient travel environment.

Mao Ning said: "With China’s visa exemption ‘WeChat Moments’ With the continuous expansion, the number of foreign tourists coming to China has increased significantly. During the Spring Festival, the number of inbound tourists reached 3.23 million, and the number of tourists from France, Germany, Malaysia, Singapore and other countries that can enter China visa-free increased significantly. The total number of inbound tourists in these countries during the Spring Festival doubled compared with the same period in 2019. "

At the same time, Mao Ning also said that in order to solve the problem of mobile payment for foreigners, the People’s Bank of China instructed payment institutions to improve the efficiency of card binding, simplify identity verification arrangements and increase the single transaction limit of mobile payment.

Construction of asphalt pavement of tunnel started in deep middle passage.

On the afternoon of March 3, the asphalt pavement construction of the tunnel began in the Shenzhen-China Passage, which marked that the pavement construction of the Shenzhen-China Passage entered the sprint stage.

Pavers, road rollers and other equipment roared in the submarine immersed tunnel with deep middle passage more than 30 meters below Lingdingyang, and the asphalt pavement of the submarine tunnel began to be constructed.

The total pavement construction area of the deep middle passage tunnel is 260,000 square meters. Builders have made multiple guarantees in asphalt material composition ratio and installation and construction facilities and equipment, so as to meet the requirements of durability, anti-sliding, noise reduction, flame retardant and environmental protection of tunnel pavement. It is expected that the asphalt pavement of the tunnel pavement will be completed in April this year.

The deep-middle passage with a total length of about 24 kilometers is a cross-sea cluster project integrating "bridge, island, tunnel and underwater intercommunication". Among them, in January this year, the asphalt pavement of steel bridge deck was completed in Shenzhen-China Passage, and the whole pavement project is scheduled to be completed in April this year.

At present, the Shenzhen-China Passage is fully promoting the construction of electromechanical, traffic safety and ancillary projects, and it is planned to be open to traffic in June. After it is completed and opened to traffic, the journey from Shenzhen to Zhongshan will be shortened from about 2 hours to 30 minutes.

Spring pipes for winter wheat are in full swing everywhere.

Summer grain is the first season of grain production in the whole year. At present, the field management of winter wheat, the main variety of summer grain, has been fully carried out in spring.

This year, the area of winter wheat in China has remained stable. At present, the winter wheat in the middle and lower reaches of the Yangtze River has all turned green, the southwest region is jointing and booting, and the winter wheat in the north has turned green one after another.

四川879万亩冬小麦长势良好，已进入病虫害防控关键期，国家小麦产业技术体系专家正针对品种特性指导农民对症下药。安徽4300万亩冬小麦长势好于常年，当地选派7000多名科技特派员，推广配套丰产技术。针对近期低温，颍上县科技特派员正在指导农民科学追肥促弱转壮。河南8500多万亩冬小麦面积稳、苗情好，当地推广精准水肥一体化管理等增产技术，力促苗情转化。山东6054万亩冬小麦面积增加，苗情好于常年。

今年，农业农村部遴选发布精密播种、水肥精准调控等主推技术296项，支持大面积提升单产。目前已派出8个工作组深入16个冬小麦、冬油菜主产省，开展春季田管指导服务，夯实夏季粮油丰收基础。

新疆：塔里木河迎来大批候鸟

随着天气逐渐转暖，在新疆塔里木河，近十万只绿头鸭、针尾鸭、赤麻鸭、红头潜鸭等水鸟畅游在流域大大小小的湿地，冰雪初融的河面上，成群结队的候鸟悠然嬉戏。作为我国最长的内陆河，塔里木河流域面积达102万平方公里，中下游河道两侧分布着大片原始胡杨林，是绿洲重要的生态屏障。随着当地生态保护治理不断加强，塔里木河也成为了众多鸟类的栖息繁衍之地。

　　Although China Telecom has announced the acquisition of C network in a high-profile way before, to be precise, at 8 o’clock today, when China Telecom completely completed the delivery of the C network system with the local Unicom company, it really meant that the handover of C network was finally completed, and it also meant that the connection between China Unicom and the C network that had been cultivated for 7 years ended.

　　Unicom stopped handling C network business.

　　After the reorganization of telecom, China Telecom took over the front-end marketing operation of C network from October 1st.

　　However, as a transitional measure, China Unicom business hall can continue to handle C-network business and recharge. With the completion of the delivery of network system equipment of C network, the historical mission of China Unicom has come to an end.

　　The reporter learned that from 0: 00 on December 6, the C-network prepaid card issued by China Unicom has stopped using, and Unicom’s "full-service prepaid card" and "C-network one-way prepaid card" will no longer be able to recharge CDMA mobile phone numbers.

　　However, the reporter asked China Telecom’s 10000 hotline yesterday, and the staff said, "If Unicom’s recharge card is within the validity period and the password has not been scraped, users can take their cards and ID cards to the telecom business hall and exchange them for equivalent telecom recharge cards." It is understood that the card replacement period will last until the end of March next year.

　　Beijing Unicom said that in the future, CDMA users will not be able to handle C-network business in Unicom’s online business hall. If you call 10010 customer service, you will also transfer C-network users to 10000 customer service of Telecom to handle business. However, Unicom’s business hall will still keep the counter for CDMA business, which will be specifically responsible by the telecom stationed personnel. Unicom’s business hall will continue to handle C network business until the end of February next year.

　　80 billion yuan for the new owner to transform the C network.

　　After the news of telecom reorganization was released, CDMA users once lost quickly. By the end of September, there were only over 40 million households left. How the new owner views C network largely determines the future of CDMA.

　　"China Telecom plans to invest 80 billion yuan to transform the CDMA network in the next three years, and actively solve the coverage of cities, counties and townships below the county level." Leng Rongquan, vice president of China Telecom, said. He revealed that from the end of this year to the first half of next year, China Telecom will complete the expansion and reconstruction of the C network in more than 340 cities across the country.

　　This undoubtedly gave C network users a reassurance. However, China Telecom seems to have higher expectations for C network.

　　The reporter learned that China Telecom is stepping up the formulation and research of the international roaming scheme for C network. At present, it is organizing chip, terminal and system manufacturers to implement the roaming scheme from C network to G network. In other words, if there is no CDMA network in a certain country, as long as the G network operator of that country and China Telecom sign the roaming services of C network and G network, the users of China Telecom’s C network can realize the smooth transition from C network to G network, and realize all the seamless roaming in the world just like G network.

　　Unicom expects 3G to win.

　　China Unicom opened the C network in November 2001, and it has been 7 years since then. Although people have different opinions on China Unicom’s operation of C network, China Unicom, which is a non-dominant operator, undertakes the operation of two networks, and its achievements cannot be denied.

　　After China Unicom stripped off the C network, it also faced the problem of adjusting its development direction. Chang Xiaobing, CEO of China Unicom, said, "Now the three major telecom operators have completed the basic restructuring. I believe that the central government will speed up the issuance of 3G licenses and expect to be issued 3G licenses by the end of the year." This shows the eagerness.

　　The reporter learned that Unicom’s 3G network, the first WCDMA trial network, plans to launch the trial on December 31st this year. At present, Unicom users in Wuxi have been able to apply to participate in WCDMA technical trials by sending short messages; China Unicom also plans to complete the deployment of WCDMA network in big cities in the first half of next year.

　　Just at the end of last month, Xi Guohua, vice minister of the Ministry of Industry and Information Technology, made it clear that the telecom restructuring was basically ready, and the time for issuing 3G licenses in China was "basically ripe". Xi Guohua’s statement once again confirmed the speculation that 3G licensing has entered the countdown stage.

　　Experts in the industry believe that the date of 3G business development is the beginning of a new reshuffle in the telecommunications industry. (Meng Wei)

Editor: Liu Li

Zhang Xuan’ an, founder and CEO of Yixin Group. source map

Another Tencent company has opened the IPO road, and Yixin Group will become the fourth listed company invested by Tencent this year.

Yixin Group (hereinafter referred to as "Yixin"), the largest Internet auto retail trading platform in China, has passed the listing hearing on the main board of Hong Kong and submitted its prospectus to the Hong Kong Stock Exchange on October 29th.

According to the prospectus, Yixin has a strong shareholder lineup, including Tencent (00700.HK), JD.COM (Nasdaq: JD), Baidu (Nasdaq：BIDU), Easy Car (NYSE：BITA), Wang Wei, founder of SF (002352), Dongfang Assets, one of the four state-owned assets companies in China, and well-known venture capital IDG. Among them, Tencent directly and indirectly holds about 33% of Yixin’s shares.

Recently, a number of "Tencent concept stocks" have emerged, including Zhongan Online (06060.HK), Reading Group (which will be listed in Hong Kong on November 8) and sogou, which is going to be listed in the United States.

Zhongan Online is the largest online insurance company in China. In September, it made an IPO in Hong Kong, and the issue price was set at the upper limit of the guidance range, raising $1.5 billion. On the day of listing, the highest increase was 18%, and the public subscription amount of retail investors exceeded 400 times.

Yi Xin has not disclosed the listing fundraising plan. On October 30th, Yixin told The Paper that the company could not make any more comments because it was in the silent period of listing, and everything was subject to the prospectus.

Regarding the positioning and planning of Yixin, Zhang Xuan ‘an, the chairman and CEO of the company, said in an interview with The Paper that Yixin’s positioning is an automotive Internet retail trading platform, and the target model is Ctrip.

Zhang Xu ‘an said that he hopes to provide one-stop services covering the whole life cycle, such as new car trading, second-hand car trading, car installment, car rental, car insurance and after-market service, by integrating its car-washing, Yixin car loan and other apps, and websites in taoche.com and daikuan.com, so as to form a closed-loop service, and let consumers rely on Yixin in every aspect of car consumption.

It took only three years from its establishment to listing: "star" shareholders gave support to traffic and risk control resources.

Yi Xin’s establishment to listing can be described as rocket speed. Yi Xin was first born out of a business unit under Easy Car, and then split into independence in August 2014. Zhang Xuan ‘an is the only one in Yixin’s management who is also the president of Easy Car, and all other management and employees are independent. The back-office departments of the company’s business, brand, App and website are also completely independent.

Since then, every financing has been supported by giant companies such as Tencent, JD.COM and Baidu. Among them, Tencent has the strongest momentum. In addition to the large shareholding of Tencent mentioned above, among the four non-executive directors, there are James Gordon Mitchell, chief strategy officer of Tencent, and Jim Lai, head of Tencent Financial Technology Group. JD.COM and Baidu appointed one person respectively.

People close to Yixin told The Paper that Yixin’s rapid development in just a few years could not be separated from the support of several major shareholders such as Tencent in traffic, risk control system and the construction of "one person, one car" account system.

For a long time, cars, as the second highest-priced low-frequency consumer goods after real estate, have made the online car platform’s customer acquisition cost and channel cost high, and the ability to integrate resources such as traffic and capital is extremely high, forcing many companies to bring huge sums of money to enter the market to attract users by advertising or subsidies, and many former "star" companies have fallen on the road of burning money crazily.

When Yixin started, the problems of users were mostly solved by shareholders. Yi Xin, with the idea of opening up the ecology, does not advertise or establish a closed account system, but directly diverts users from Tencent, Baidu and JD.COM.

According to the prospectus, Yixin’s own website and App have accumulated more than 50 million monthly active users, and the demand for car purchases operated by online platforms in a single month has reached 90 billion yuan.

However, acquiring users and activating transactions are only the first level of cooperation between Yixin and shareholders. According to the prospectus, Yixin will do more product-level mining around the current "people+cars" database to realize the transformation from the trading platform level to the traffic realization level. Industry analysts told The Paper that this actually means that Yi Xin wants to cut more into users’ life scenes.

In an interview with The Paper, Zhang Xu ‘an said that Yi Xin will make efforts to interact with tens of millions or even hundreds of millions of account systems such as Tencent JD.COM in the future. For example, Yixin not only has an entrance in QQ wallet, but also aims at personal tailor products of middle and high-end users who pay for QQ for a long time. Whether it is music, e-books, car washing, car use, etc., Yixin users can use one account smoothly without going through other intermediate links.

In addition to deep bundling in the user car scene, at the risk control level, Yixin has built several sets of intelligent models with partners such as shareholders, and analyzed the behavior, search, consumption, location and other data of automobile consumers by establishing the largest "people+cars" database in China, reducing operational risks. According to the prospectus, the 180-day overdue rate of Yixin’s platform is 0.23%, and the 30-day overdue rate is 0.89%, which is at a low level.

The car trading platform model went through: the net profit in the first half of the year was 261 million

The competition of internet car trading platform is becoming increasingly fierce.

In September 2017, Renren announced the completion of a new round of financing of 200 million US dollars. In August, Youxin Group announced that it had obtained $500 million in financing. In June, the used car of melon seeds announced that it had received over $400 million in B round financing, and Chezhibao announced that it had received 500 million yuan in C+ round financing.

However, a series of financing also makes the market worry, can such a crazy money-burning model continue?

As the "first stock of new automobile retail", Yixin’s listing made the market see the operation data from the automobile trading platform model for the first time.

From the business composition, Yixin has two major businesses: trading platform and self-financing According to the prospectus, Yixin’s income in 2014, 2015 and 2016 in the last three years was 47.99 million yuan, 271 million yuan and 1.488 billion yuan, with a compound annual growth rate of 457%; Among them, from the trading platform business launched in 2016 to the first half of 2017, the trading platform business has accounted for 45% of the total new revenue. This also directly promoted Yixin’s income in the first half of 2017 to 1.551 billion yuan, an increase of 240% compared with the same period of last year.

It is worth noting that Yixin has achieved profitability. The company’s adjusted net profit in the last three years was 3.78 million yuan, 65.603 million yuan and 99.665 million yuan respectively; The adjusted net profit for the first half of 2017 was 261 million yuan.

According to the prospectus, the transaction volume in the first three quarters of this year alone has reached 300,000. As of September 30, 2017, the cumulative management fleet exceeded 500,000 vehicles.

An auto e-commerce industry veteran told The Paper that those who do auto finance now want to get involved in the field of auto trading, while those who do auto trading are doing their own auto finance. These two directions have their own advantages and disadvantages, but no matter which way, in the decade when the Internet is flying, players have entered all fields of food, clothing, housing and transportation, but the automobile retail trading sector has not appeared ashore in the market where many players play. The potential of automobile and automobile aftermarket is still huge, and there will continue to be entrants in the future, and capital will flock to it.

Jost Sullivan, a consulting firm, judged that the value chain of China’s automobile industry is "networked", and the Internet platform can expand the opening scope of the automobile retail trading market to consumers, improve the trading efficiency, promote more effective matching of supply and demand and innovate the traditional trading process. They predict that the number of Internet car retail transactions will reach 5.4 million in 2021, and the compound annual growth rate from 2016 to 2021 will be 39.2%.

Just now, all major Internet car trading platforms are fighting for financial strength, traffic advantages, multi-channel layout, risk control capabilities, etc. What is Yixin’s killer weapon?

The above-mentioned people close to Yixin told The Paper that Yixin’s positioning of its development strategy on the platform of Benchmark Ctrip is actually a transition strategy from self-management to openness and self-management. This strategy will absorb more resources in the industrial chain, such as accessing more car services, including charging piles and battery services for new energy vehicles, and build an "Andriod system" for automobile aftermarket services, which will be packaged in every different individual transaction, forming an automobile trading ecosystem.

"Once the big ecology is established, the customer base will continue to flow, generating multiple values, and the scale effect will become increasingly prominent, strengthening profitability." Zhang Xuan’ an said earlier.

Since its release on the first day of the New Year, Nezha’s Devil Boy Naughties the Sea (hereinafter referred to as Nezha 2) has been making great strides at the box office. By 12: 00 on February 9, the box office had exceeded 7.5 billion yuan, making it the first film in the global single market with a box office exceeding 1 billion dollars. This happened at the time node of the 120th anniversary of the birth of China film and the 130th anniversary of the birth of the world film, which greatly boosted the confidence of the industry, showed the vitality of film art iteration, and enhanced the cultural confidence of Chinese people. During the Spring Festival holiday, "Nezha 2" is contested by many people, which not only shows that it has become a cultural phenomenon, but also means that it should be brought into the research field of vision, and the reasons for its success should be analyzed, which will bring more inspiration to China’s film creation and the development of new mass literature and art..

Nezha 2 marks the arrival of a new stage of China Animation School. In the last century, represented by a series of classic works by Shanghai Animation Film Studio, China Animation School was loved by Chinese people and attracted worldwide attention. However, the mode of creation and production at that time could not adapt to the development speed of contemporary film industry and meet the needs of contemporary film audiences, and it encountered bottlenecks after its glory. Entering a new era, with the deepening of the reform of China’s film industry, thanks to China’s economic and social development, scientific and technological progress, the prosperity of the cultural market and the accumulation of film talents, China’s animation industry has gained new resources and strength and ushered in new development opportunities. A group of young filmmakers and new film companies who love animation have emerged, and a large number of animation audiences in China responded enthusiastically.

Nezha 2 makes us realize that Chinese culture has a very long, rich and heavy ideological resources. In the film, the enchanted beast inspired by Sanxingdui civilization, the gigantic Tianyuan tripod and the bronze mirror ornamentation on the case of the stone maiden take the audience back to the bronze age in China’s history, which was a fierce, gluttonous, primitive, naive and simple human childhood. In the plot, the mixed pearl is divided into two parts, and the magic pill and the spirit pearl grow up separately, which leads to a series of stories. This basic setting is in the same strain as the fable in Zhuangzi that chaos was artificially cut open and died. The battle scene between the fairy and the devil in the film continues the awakening theme of the classic cartoon "What makes the sea" in 1979.

As for the multiple clues of the plot, the beauty and ugliness of the modeling design, and the harmony of the characters, it seems to be too much and too messy. However, if we look back at the Yuan Zaju and the popular novels of the Ming and Qing Dynasties, we will realize that the romance and power of the secular torrent are enough to push the narrative forward. The film continues this secular aesthetic that people like to see and hear, and integrates it with innovation, tempering and recreating. In fact, we can also find some influences of western animation and Japanese animation from Nezha 2. The western culture that has entered China since modern times has been used in the construction of contemporary culture in China, which is one of the cultural stories in the process of Chinese modernization.

"Nezha 2" makes us notice that the growth of China New Force filmmakers has entered a new stage of cultural and ecological development. On the one hand, the strength of the new generation of literary and art workers lies in their profound experience and understanding of China’s reality, society and life, and finally transformed into a new artistic language. Many young viewers found their own shadows in Nezha 2. They regarded Taiyi as a desperate programmer, regarded Nezha’s hard thorn as a past pain, regarded Mrs. Yin’s embrace as a redemption brought by great love, and regarded Qi Xin’s struggle to break the cauldron as a struggle to create the future … … So there was a deep empathy and resonance. It can be seen that if the myths and fantasies that seem to be unconstrained, if you want to convince and love the audience, you can’t leave the down-to-earth realistic spirit and the realistic feelings of empathy.

On the other hand, the filmmakers of New Power consciously carry out the practice of art cross-border, media integration, technology upgrading and mutual learning of civilizations, and show a systematic trend. In "Nezha 2", the fragment of the battle between the soil and fat slope and the woodchuck, and the colorful wonders rendered by the ink particle technology are all supported by peers. Force Digital Technology, a well-known company in the industry, even "stopped" its own projects to ensure the completion of part of its work on Nezha 2. The belief that "unity is strength" has increasingly become the consensus of China film industry. Whether it is the individual creator, studio or enterprise, they have gone through the stage of individual combat and individual camp, and consciously moved towards a benign ecology of cooperation, resource sharing, industry expansion and overall win-win.

Nezha 2 tells a good story, and the birth and popularity of Nezha 2 is also a good story. The former belongs to the creator, and it is a creative individual; The latter belongs to China’s animation, movies, science and technology, etc. They constitute a larger subject, that is, new popular literature and art and new cultural atmosphere. "Debate over Six Qi" is not small; "Take advantage of the right of heaven and earth", the big one will be bigger. The distant place of China culture, the future of China films, will be held in Wan Li. (Author: Zuo Heng, director and researcher of film culture research department of China Film Archive)

People’s Daily (20th edition, February 11th, 2025)

　　CCTV News:Flowers bloom in May and forge ahead in China. The times are changing, and the background of struggle remains unchanged. Because of labor creation, we have the glory of history and today’s achievements, and we will surely meet a bright future. All industries are working hard to open a new bureau and form a powerful driving force for China’s high-quality development.

　　Innovating to "burn" the new vitality of the consumption of sports travel

　　During the fiery May Day holiday, "Mobile China" is full of vitality, and the consumption of cultural tourism is surging. New ways of playing and new experiences attract tourists to achieve new "traffic passwords". The new supply of county metropolitan area activates more new consumption scenes and experiences, showing the development resilience and vitality of the cultural tourism consumer market. From "ice and snow economy" to "annual flavor economy", from "flower viewing economy" to "holiday economy", China’s consumer market continues to release new potential.

　　Local integration of characteristic resources "Shangxin" cultural tourism boutique

　　The "May Day" holiday is a time when the consumption demand of cultural tourism is released in a concentrated way. All localities actively integrate "characteristic" cultural tourism resources, constantly "innovate" cultural tourism products, and cross-border integrate elements such as performing arts, intangible cultural heritage and local cuisine with tourism.

　　"Unlock" the trendy gameplay to enrich the new holiday experience

　　A series of trendy games are constantly "unlocking", keeping pace with the times and enriching people’s new holiday experiences.

　　Pinghu, Zhejiang Province: Characteristic Travel into "Traffic Password"

　　Renovations in various places have opened an upgraded version of the holiday city light show. The bright national tide lights in Pinghu, Zhejiang Province light up the night sky, and folk activities such as non-legacy iron flowers and kettle performances are unique, and the characteristic literature has become a new "traffic password".

　　Jiangxi Wanzai: Innovative gameplay transforms resources into economic results.

　　For thousands of years in Jiangxi, the "Fireworks Show" combined with new discharge methods such as drone performance, floating platform on the water surface, and 3D stereoscopic discharge brought a new immersive experience, and the fireworks show was played over 100 million times in online video. The occupancy rate of local star-rated hotels reached 100%, and the catering and other service industries showed a spurt growth. Wanzai innovative gameplay transformed unique resources into county economic results.

　　Wu Yuan, director of Wenguang New Tourism Bureau in Wanzai County, Jiangxi Province, said that the immersive fireworks show "Fireworks Love" was put from May 1 to May 5. Afternoon tea is prepared for tourists, and thousands of local lantern shows are presented. While drinking tea and watching a play, tourists can also experience the characters in the play. Adhere to the road of integrated development of "fireworks+cultural tourism", expand the IP influence of the cultural tourism brand "Come to see fireworks every Saturday", and strive to make the fireworks drive the local economic development.

　　Wu Sa, deputy director of the Economic Research Institute of the National Development and Reform Commission, said that the proportion of experience tourism is getting higher and higher, and young people pursue more distinctive tourism experiences, such as camping, immersive night trips, low-altitude economy, flying experiences and concerts. All localities seize the "flow" bonus, actively improve the quality of tourism products and innovate the supply of tourism products.

　　Cultivate new scenes and new formats to enhance international influence

　　Beijing, Shanghai, Chongqing and other international consumer center cities have cultivated new scenes and new formats through innovation to enhance the global influence of the consumer market.

　　Focus on Chongqing and set off a new upsurge of low-altitude consumption

　　Chongqing Low-altitude Flying Consumption Week focused on creating new low-altitude consumption projects such as aerobatics, skydiving, seaplanes and airship cruises.

　　Shanghai: the immersive experience of integrating digital consumption is full of science and technology.

　　Shanghai deeply integrates digital consumption with the first store economy. The first artificial intelligence immersive experience project in China is open to the public during the holiday. This innovative "AI+ Smart Travel" project combines elements such as AI dialogue, scene interaction and plot experience, and the immersive travel experience is full of science and technology.

　　Upgrade the "magnetic attraction" of the international consumption center city.

　　Constantly upgrading and rejuvenating the consumer experience, plus the "magnetic attraction" of the international consumer center city. Beijing opened the 2024 International Twin Cities Consumer Festival with high quality, and more than 100 selected brands from Austria and Switzerland appeared in many key business districts in Beijing. Focusing on service consumption and automobile consumption, Shanghai has launched more than 1,000 special activities to add new momentum to the consumer market.

　　Harbin: The maintenance and reconstruction project of the West Bridge was successfully completed.

　　Recently, after four hours of overall hoisting construction, two left and right steel box beams with a length of 32.94 meters and a weight of 218.4 tons were accurately erected to the design line. At this point, the urban quality improvement guarantee project of Harbin Asian Winter Games — — The maintenance and reconstruction project of Harbin West Bridge completed the most critical beam replacement operation.

　　After the project is opened to traffic, it will further enhance the traffic capacity of the main roads in the central city of Harbin and create more convenient travel conditions for the 9th Asian Winter Games in 2025.

　　Pipeline laying is completed in the Yangtze River shield crossing project on the East China-Russia line.

　　Key Control Project of Sino-Russian East Line Natural Gas Pipeline in Nantong, Jiangsu — — The Yangtze River shield crossing project completed pipeline laying on the 3rd, and the main project was fully completed.

　　The Yangtze River Shield Crossing Project is a one-way shield tunneling project for oil and gas pipelines with the longest distance, the deepest buried depth, the largest caliber and the most complicated construction conditions in the world. It is expected to be put into operation before the end of 2024.

　　Full Bridge Closure of Huangcao Wujiang Double-track Bridge on Yuxiang High-speed Railway

　　On May 3rd, Huangcao Wujiang Double-line Bridge on Chongqing-Qianjiang section of Chongqing-Hunan high-speed railway successfully completed the closure of the whole bridge, marking the completion of the main structure of the bridge.

　　The Huangcao Wujiang Double-track Bridge has a total length of 593.65 meters and a design speed of 350 kilometers per hour. After it is completed and opened to traffic, it will realize the one-hour high-speed rail connection between Chongqing’s main metropolitan area and the Wuling mountain town group in southeast Chongqing.

　　The box office (including pre-sales) of the "May 1st" new film has exceeded 1 billion yuan.

　　According to the data of Lighthouse Professional Edition, on May 1st, the national box office reached 411 million, ranking among the top three on the first day of "May 1st File" in China film history.

　　As of 13: 01 on May 3rd, the box office (including pre-sale) of the "May 1st" new film has exceeded 1 billion yuan. The first overseas peacekeeping film "Peacekeeping Riot Squad", the comedy "thelma and louise Money" and the crime film "Fortress Besieged in Kowloon Castle" are temporarily listed in the top three box office (including pre-sale).

　　The single-day passenger flow at Hengqin Port exceeded 85,200, reaching a new high.

　　During the May Day holiday, Hengqin Port ushered in the peak of passenger flow. On May 2nd, the single-day passenger flow at Hengqin Port exceeded 85,200, a year-on-year increase of 53.8%, setting a historical record for single-day passenger flow.

　　From the afternoon of April 30th, the passenger flow in the passenger inspection hall at Hengqin Port began to increase significantly, and there was an endless stream of outbound tour groups to Southeast Asia and tourists to Australia.

　　With the official opening of Hengqin Port’s joint "one-stop" passenger and truck passage and the on-board personnel inspection and release hall, it is more and more convenient for Macao single-brand cars to travel between Qin and Macao. According to the data, since the joint "one-stop" passenger and truck passage at Hengqin Port was fully opened, the daily average number of customs clearance vehicles was about 6,000, up by about 9.6% year-on-year.

　　Due to the large traffic volume during the May 1 holiday, Hengqin Border Inspection Department reminded inbound and outbound passengers to reserve enough time and travel at the wrong peak.

　　During the May 1 holiday, it is more convenient for foreign tourists to implement optimization measures in many places in China.

　　During the May Day holiday in 2024, the number of people entering China ports continued to rise, and the number of foreign tourists visiting China during the holiday also increased. Implement payment optimization measures in many places and continuously improve the level of payment facilitation.

　　The airport is generally the first stop for foreigners to come to China. It is the first choice for many foreigners to solve the payment problem here. At Shanghai Hongqiao Airport, it took the Serbian guy less than 10 minutes to get a travel pass.

　　Bank card is an international payment method. Nowadays, when foreigners come to China, they can not only apply for a bank card quickly and conveniently, but also improve the coverage and efficiency of foreign card acceptance. In 2024, the number of wild card POS machines in Shanghai will increase to 80,000, and foreigners can easily use wild cards for consumption in key business districts.

　　Since 2024, the coverage rate of foreign card acceptance of key merchants in key cities across the country has continued to increase. The acceptance coverage rate of overseas bank cards in key areas of Guangzhou is over 90%, and over 80% of key merchants in Jiangsu Province can accept overseas bank cards.

　　Not only in cities, but also convenient payment services are extending to the countryside. In Daming Mountain Scenic Area in Lin ‘an, Zhejiang, foreigners can choose a variety of payment methods.

Xiaomi officially submitted a listing application to the Hong Kong Stock Exchange, which also stirred the Xiaomi concept stocks in the A-share market.

Wind data shows that on May 4th, under the background that the Shanghai Composite Index fluctuated within a narrow range throughout the day, the Xiaomi industrial chain index closed down by 0.81%, and there was no daily limit of Xiaomi concept stocks. Only three concept stocks rose by more than 3%, namely Fenda Technology (002681), Keda (600986) and Su Daweige (300331).

Looking back on May 3rd, the industrial chain index of Xiaomi rose by 3.01%, and the concept stocks Fenda Technology and Anjie Technology (002635) closed at the daily limit, while Changying Precision (300115), Aoshikang (002913) and Jingda Shares (600577) were among the top gainers.

On May 3rd, the concept stocks of Xiaomi industrial chain were among the top gainers. Source: Wind

According to Xiaomi’s prospectus, its revenue composition is mainly divided into four revenue business segments: smart phone, IoT (Internet of Things) and consumer products, Internet service and others. In 2017, its revenue was 80.563 billion yuan, 23.447 billion yuan, 9.896 billion yuan and 716 million yuan respectively, accounting for 70.3%, 20.5% and 8.6% of the total revenue.

"This is our original triathlon business model: hardware+new retail+Internet service." Lei Jun said in the latest open letter that "Xiaomi is an Internet company with mobile phones, intelligent hardware and IoT platform as its core." Judging from the layout of Xiaomi, its eco-chain products cover air purifiers, rice cookers, water purifiers, electric fans, air conditioners and other fields.

According to the previous research reports of various brokers, The Paper found that most institutions believe that Xiaomi’s product matrix has initially taken shape, from mobile phones to the Internet of Things, completing the transformation from startups to technology unicorns.

GF Securities said in the research report that from the "iron triangle" to the Xiaomi ecosystem, Xiaomi has a strong growth momentum and is expected to become an emerging Internet technology force after BAT.

"Driven by manufacturing power, new innovation, Belt and Road Initiative, new retail policy and industrial strategic trends, Xiaomi’s industrial chain as a whole will fully benefit, including the two major benefit chains of’ eco-chain+supply chain’, in the following order: Xiaomi’s eco-chain terminal product manufacturers benefit the most, followed by Xiaomi’s foundry company with a large proportion of business, and finally the supply chain parts company."

Xiaomi ecosystem. Source: Xiaomi Prospectus

Xiaomi ecological chain

In 2013, Xiaomi began to set foot in the ecological chain of the Internet of Things. From the initial mobile phone peripheral products, such as Xiaomi mobile power supply, Xiaomi patch panel, piston earphone, etc., to the later intelligent hardware and daily consumables, such as mi band and air purifier, the business of Xiaomi ecological chain has been growing, involving intelligent hardware, smart home and so on.

According to the statistics of orient securities Research Report, by 2017, Xiaomi has invested in more than 100 eco-chain companies and released more than 200 products.

Southwest Securities believes that the Xiaomi ecological chain has played a "catfish effect" on the industries involved, stirring the industry through cost-effective products, changing the product definition of this industry, reconstructing the industrial chain, and transforming traditional industries by improving efficiency.

"For enterprises in the ecological chain, Xiaomi has a huge user base and can provide sufficient financial support. With relatively mature product methodology and strong supply chain resources, ecological chain enterprises can quickly become bigger and stronger with Xiaomi’s platform."

According to Xiaomi’s prospectus, Xiaomi has built the world’s largest consumer-grade IoT platform, connecting more than 100 million smart devices (excluding mobile phones and laptops). In 2017, according to the number of connections, Xiaomi’s global market share of consumer-grade IoT hardware was 1.7%, followed by Apple 0.9%, Amazon 0.9%, Samsung 0.7% and Google 0.6%.

Xiaomi Eco-chain listed company. Source: GF Securities

Based on the opinions of a number of brokers and the announcements of listed companies, The Paper listed the three most concerned by the institutions.

The concept underlying stocks are for investors’ reference and do not constitute investment advice.

Gongda electroacoustic (002655)

Gongda Electro-acoustic is a manufacturer, service provider and overall solution provider of electro-acoustic technology.

Wanmo Acoustics, Xiaomi’s first eco-chain company, has indirectly become the largest shareholder of electroacoustic. On December 29, 2017, a total of electroacoustic announcements were made, saying that Weifang Hi-Tech, the controlling shareholder, transferred all its 15.27% shares to Aisheng Acoustics at a transaction price of 995 million yuan. After the transaction was completed, Aisheng Acoustics became the largest shareholder of the company.

Wanmo Acoustics, a Xiaomi eco-chain enterprise, holds 100% equity of Aisheng Acoustics. Wanmo Acoustics was founded at the invitation of Lei Jun, and was also invested by Lei Jun’s angel at the beginning of its establishment. Shunwei Capital, a subsidiary of Xiaomi, currently holds 11.3% equity of Wanmo Acoustics. Wanmo Acoustics cooperated with Xiaomi to launch Xiaomi piston earphone, and the total electroacoustic sound also entered the ecological chain of Xiaomi earphone.

According to the 2017 annual performance report released by Diansheng on April 17, its net loss in 2017 was 175 million yuan, and its profit in the same period last year was 18,008,100 yuan; Operating income was 787 million yuan, an increase of 9.90% over the same period of last year.

Kairun shares (300577)

Kairun Co., Ltd. is an enterprise that produces suitcases, backpacks, functional clothes and smart shoes and other travel equipment.

In 2015, Kairun Co., Ltd. established Xiaomi Eco-chain Company Shanghai Runmi and Shanghai Shuomi in a joint venture with Xiaomi to create its own brands such as "90 points". In July 2017, Kairun acquired minority shareholders’ equity, and its shareholding ratio in Shanghai Runmi and Shanghai Shuomi increased to 76.9334% and 76%, and its business also increased rapidly.

In 2017, Kairun Co., Ltd. and Xiaomi Eco-chain Company NINEBOT conducted in-depth research and development of the PUPPY series of smart trackable luggage, and the products were recognized by the international market at CES (Consumer Electronics Show) in the United States in early 2018.

According to the annual performance report released by Kairun Co., Ltd. on April 12, its net profit attributable to owners of the parent company in 2017 was 133 million yuan, an increase of 58.81% over the same period of last year; Operating income was 1.162 billion yuan, an increase of 49.84% over the same period of last year.

Jiuan Medical Treatment (002432)

Jiu ‘an Medical is a provider of home medical health electronic products, integrating research and development, production and sales.

Jiu’ an Medical’s 2017 annual report shows that Jiu’ an Medical’s iHealth series brand established a strategic cooperative relationship with Xiaomi in the early days and became a partner of Xiaomi Company in the health field. At the business level, Xiaomi Company and Jiu ‘an Medical have carried out in-depth cooperation in user experience, e-commerce and cloud services.

On the capital level, Jiu ‘an Medical introduced Xiaomi Investment as a strategic investor, and iHealth’s business model and development prospects were recognized by Xiaomi Investment, and it received an investment of 25 million US dollars.

Jiu ‘an Medical said that relying on Xiaomi’s unique business model and huge customer base, the iHealth brand achieved rapid and large-scale promotion with its online and offline dual platforms, which continued to accumulate user groups for iHealth and enriched healthy big data.

In addition, Hualai Technology, a shareholding company of Jiu ‘an Medical, has obtained the investment from Xiaomi and become an ecological chain enterprise of Xiaomi.

According to the annual performance report released by Jiu ‘an Medical on April 26, its net loss in 2017 was 166 million yuan, and its profit in the same period last year was 14.4979 million yuan; Operating income was 598 million yuan, an increase of 42.31% over the same period of last year.

Xiaomi supply chain

Smartphones account for the highest proportion of Xiaomi’s operating income. Xiaomi’s prospectus shows that in the fourth quarter of 2017, Xiaomi ranked fourth in global smartphone shipments and first in India.

GF Securities believes that Xiaomi and Red Rice mobile phones launched by Xiaomi in the early stage, with the advantage of high cost performance, mainly focus on online channels, embrace the Internet dividend, and achieve rapid growth in shipments. In 2016, due to the decrease in online dividends, the growth rate of Xiaomi’s mobile phone shipments declined briefly. However, in 2017, Xiaomi actively laid out offline, opened up the market, improved the supply chain, and returned to the track of rapid growth. At present, Xiaomi’s smartphone product line has two series, Xiaomi and Redmi, which are aimed at the middle and high-end market and the low-end market respectively.

"It is expected that the concentration of related industries in the upstream supply chain of consumer electronics will also increase with the increase of the concentration of terminal industries in the future."

Southwest Securities believes that for large customers such as Apple, Samsung, Huawei and Xiaomi, suppliers who have entered the supply chain list through long-term certification can obtain a relatively stable share, and it is easier to obtain orders when expanding new business and developing new products, which has formed a certain degree of access barriers for upstream suppliers outside the supply chain.

Supply chain listed companies. Source: GF Securities

Based on the opinions of a number of brokers and the announcements of listed companies, The Paper reporter listed five concept underlying stocks that are most concerned by institutions for investors’ reference and do not constitute investment advice.

Pulutong (002769)

Pluto is a manufacturer, service provider and overall solution provider of electro-acoustic components and electro-acoustic components.

Since 2011, Pluto has cooperated with Xiaomi, mainly providing integrated supply chain management services including supply chain diagnosis, supply chain optimization and supply chain execution for Xiaomi Communication Technology Co., Ltd., Beijing Xiaomi Electronic Products Co., Ltd. and Xiaomi Technology Co., Ltd. under Xiaomi’s control, so as to reduce costs, improve efficiency and meet the requirements of "zero inventory" production.

According to the announcement of Pulutong, all the supply chain management services of Xiaomi are charged at a certain rate of the value of the goods handled, and the rate level is roughly 0.29%. The business from Xiaomi accounts for 88% of the company’s total business, its service fee income accounts for 76% of the service business income, and its contribution rate to the company’s overall gross profit is as high as 45.78%. Therefore, the change of Xiaomi’s performance has a considerable impact on Pluto’s income.

Huatai Securities believes that Pluto, as an exclusive supply chain service provider, will directly benefit from the scale expansion after Xiaomi IPO financing. After Xiaomi’s listing, the scale growth of Pulutong’s business is expected to maintain a high growth rate and benefit from the development of Xiaomi’s smart home appliances and other sectors.

According to the data of 2017 annual report of Pulutong, its annual income was 5.39 billion yuan, up 49.9% year-on-year, and its net profit attributable to the parent company was 67.835 million yuan, down 64.5% year-on-year.

Wentai Technology (600745)

Wentai Technology is an enterprise engaged in R&D and manufacturing of mobile terminals, intelligent hardware and other products.

The 2017 annual report shows that Wentai Technology jointly launched the "5G Pilot" program with Qualcomm, Lenovo, OPPO, vivo, Xiaomi and other companies in 2017 to jointly develop the huge global opportunities that 5G will bring.

Wentai Technology said that it achieved high growth with high-quality customers such as Huawei and Xiaomi in 2017. It is expected that customers such as Huawei and Xiaomi, China’s mobile phone manufacturers, will continue to grow in 2018, benefiting ODM (Original Design and Manufacturing) companies such as Wentai.

Shenwan Hongyuan Securities said in the research report that with the increasing concentration of mobile phone brands and ODM industry, Wentai Technology has implemented a boutique strategy based on existing customer resources, which will help to bind high-quality customers and increase the value of single machines, thus enhancing the company’s project development fees and technology commission fees.

According to the 2017 annual performance report released by Wentai Technology on April 26, its net profit attributable to owners of the parent company in 2017 was 329 million yuan, an increase of 586.49% over the same period of last year; Operating income was 16.916 billion yuan, an increase of 26.08% over the same period of last year.

Xinwangda (300207)

Xinwangda is a company engaged in the research and development of lithium-ion battery modules, and its main products are lithium-ion battery modules.

Xinwangda said on the investor interaction platform on March 13, 2018: "The company is the main supplier of Xiaomi and the main supplier of Xiaomi eco-chain related companies. Listing is an important milestone in the history of Xiaomi’s development, and it will also have a positive impact on enterprises in Xiaomi’s ecological chain. "

Pacific Securities said in the research report that Xinwangda’s mobile digital business market share has further increased. In the field of consumer batteries, the company has become a global supplier of well-known brands at home and abroad such as Huawei, Xiaomi, OPPO and VIVO, and its share has remained at a high level. The company has cut into the supply chain of several product lines of major international customers, and its share will continue to grow at a high speed. In 2018, the penetration rate of dual-cell and special-shaped battery solutions for mobile phone digital batteries increased, which brought about an increase in the value of a single battery.

"Under the unfavorable situation of declining overall shipments and fierce competition in the mobile phone market, the company’s consumer lithium batteries continued to grow, the battery system business of electric vehicles expanded rapidly, and the power battery production line was built smoothly. The company as a whole achieved steady growth in operating income and net profit."

Xinwangda’s annual performance report released on April 17 showed that the net profit attributable to owners of the parent company in 2017 was 544 million yuan, an increase of 20.86% over the same period of last year; Operating income was 14.045 billion yuan, an increase of 74.43% over the same period of last year.

Sanhuan Group (300408)

Sanhuan Group is an enterprise engaged in the production of passive components, ceramic back covers and other products.

According to the 2017 annual report, the mobile phone ceramic appearance parts of Sanhuan Group have been applied to Xiaomi 5, Xiaomi MIX, Xiaomi 6, Xiaomi MIX2, One Plus X, Essential Phone and other models, and obtained high market evaluation.

Sanhuan Group said that based on the "material+"strategy, it will expand ceramic technology into the field of new energy, and further deepen cooperation with terminal manufacturers such as Huawei, OPPO, vivo and Xiaomi, and the orders will grow steadily.

CITIC Jiantou Securities said in the research report that MLCC and ceramic substrates have been out of stock since 2017, and orders of Sanhuan Group are in short supply and actively expand production. It is expected to benefit from the price increase cycle throughout the year; After the release of OPPO R15 and Xiaomi MIX 2s models, the market feedback was good, and the sales volume was considerable. It was judged that ceramic casings began to be stocked in batches in April, and the possibility of increasing the stocking volume and introducing other terminal brands was not ruled out. Ceramic ferrules and ceramic packaging bases will steadily expand their market share, and at the same time, they will make efforts to build 5 G.

According to the annual performance report released by Sanhuan Group on April 19, its net profit attributable to the owners of the parent company in 2017 was 1.083 billion yuan, an increase of 2.29% over the same period of last year; Operating income was 3.13 billion yuan, an increase of 8.39% over the same period of last year.

Oufei Technology (002456)

Oufei Technology is an enterprise engaged in the production of touch and LCD modules, micro-camera modules and fingerprint identification modules.

Oufei Technology said in its 2017 annual report that the company’s main customers include domestic and international mainstream smartphone brands such as Huawei, Xiaomi and OPPO.

"We have established long-term and stable cooperative relations with well-known enterprises such as Huawei, Xiaomi, OPPO, VIVO, Samsung and Lenovo, and maintained timely and efficient interaction, which has established the company’s industry position as the mainstream supplier of micro-camera module, touch display and biometric module."

Everbright Securities said in the research report that 2018 is expected to be the harvest year of Oufei Technology’s dual-camera business, and the logic of rising volume and price is clear. At present, mobile phone innovation is strong, dual cameras have outstanding advantages in camera quality, and the market share of dual-camera in high-end mobile phone market will gradually increase, and related businesses of the company will directly benefit. In terms of quantity, the company has made a breakthrough in the domestic high-end mobile phone market, formed long-term friendly partners with many manufacturers and became an important supplier. It is expected that the shipment of dual-camera modules will exceed 100 million this year.

According to the annual performance report released by Oufei Technology on April 23, its net profit attributable to owners of the parent company in 2017 was 1.01 billion yuan, an increase of 40.47% over the same period of last year; Operating income was 33.791 billion yuan, an increase of 26.34% over the same period of last year.

Fenda Technology (002681)

Fenda Technology is a new type of intelligent hardware and integrated solution provider and service provider. Its main products include electroacoustic products, health appliances, smart wearable products, wireless modules and metal appearance parts of mobile intelligent terminals.

Fenda Technology said in the 2017 announcement that the end customers of the company’s precision metal structural products include Pingguo, Huawei, Samsung, vivo, Xiaomi, Sony, Motorola, Intel and many other internationally renowned brands. Xiaomi Note3 uses the combination of Fenda Technology’s metal middle frame and glass back cover.

Fenda Technology’s 2017 annual report said that the net profit attributable to owners of the parent company in 2017 was 443 million yuan, an increase of 15.06% over the same period of last year; Operating income was 3.21 billion yuan, an increase of 52.59% over the same period of last year; The basic earnings per share was 0.34 yuan, an increase of 9.68% over the same period of last year.

It is noteworthy that on April 10th, Hainan Securities Regulatory Bureau issued an administrative penalty decision, which punished Fenda Technology employees Linli and Yang Xiaotao for their illegal acts of leaking inside information and insider trading, with a total fine of 243,000 yuan. Because Yang Xiaotao released the "Announcement of Holding Initiative" which was not officially disclosed to the outside world to a circle of friends, it constituted an act of leaking inside information; This circle of friends was seen in the WeChat group and bought the shares of Fenda Technology, which constituted insider trading.

Anjie Technology (002635)

Anjie Technology mainly provides precision functional device production and overall solutions for high-end consumer electronic products such as smart phones and computers and new energy vehicles.

The 2017 annual report of Anjie Technology shows that the main products of Weibo Precision acquired by the company are precision structural parts of consumer electronics metals, which have been successfully produced for well-known consumer electronics brands such as Xiaomi, OPPO, VIVO, Huawei and Lenovo.

On March 28th, Anjie Technology replied to the investor’s inquiry on the interactive platform of Shenzhen Stock Exchange, saying: "At present, the company has not supplied wireless products to Xiaomi, and the company mainly supplies products related to Xiaomi’s smart phone metal parts."

According to the annual performance report of Anjie Technology, the net profit attributable to the owners of the parent company in 2017 was 391 million yuan, an increase of 1.13% over the same period of last year; Operating income was 2.715 billion yuan, an increase of 48.53% over the same period of last year; The basic earnings per share was 0.61 yuan, down 7.58% from the same period of last year.

Huajin Securities said in the research report that Anjie Technology has a layout of die-cutting parts, metal parts and 3D hot-pressed plastic back covers in the smart phone business. The demand for die-cutting functional parts in the trend of full screen, wireless charging and OLED will further enhance the ASP of large customers, and at the same time, the models and product categories supporting domestic customers will continue to increase.

Keda shares (600986)

Keda’s main business is digital marketing, linking media and advertisers, and providing advertisers with marketing service plans and communication plans through data insight and analysis.

According to the 2017 annual report of Kodak, Kodak is the core agent of Xiaomi Online Service. According to the Securities Times, Kodak, as the core partner of Xiaomi online service industry for three consecutive years, has repeatedly set a record for Xiaomi’s single-day launch.

According to the annual report, Keda achieved an operating income of 9.47 billion yuan in 2017, an increase of 34.79% over the same period of last year, and realized a net profit attributable to the parent company of 463 million yuan, an increase of 11.29% over the same period of last year.

Essence Securities said in the research report that the comprehensive integration effect of Keda shares appeared, and the digital marketing business exceeded expectations. At present, Keda has completed the comprehensive integration from physical space to organizational form, covering the whole industrial chain of digital marketing and becoming a leading enterprise in digital marketing.

　　[car home Information] Seeing that the opening of the 2024 Beijing Auto Show is getting closer and closer, news about new cars of various car companies is also emerging one after another. I believe many friends have also seen the last issue of our auto show preview (click here to view it). What heavy new cars are there at this year’s Beijing Auto Show? Looking forward to this auto show, let’s look at it. There are many brands and the first models in the segmentation field. What’s the surprise? Let’s take a look!

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● Geely Galaxy E5
Auto show action: starting
Model characteristics:Brand new pure electric SUV

　　Previously, Geely Galaxy officially announced the name of its brand-new pure electric SUV model-Geely Galaxy E5, with an estimated price of 150,000-200,000 yuan. It is worth mentioning that Geely Galaxy E5 is the first heavy new product of Geely Galaxy to anchor the global market. The left and right rudder vehicles are developed and tested at the same time, and will be sold to users around the world in the future.

　　Judging from the official preview, the new car uses the same ripple and rhythm grille as the Galaxy E8, with sharp headlights on both sides and L-shaped air inlet decorative strip below, which makes this car look very sporty. At the same time, the closed front grille modeling can also appropriately improve the drag coefficient of the vehicle.

　　From the side of the car body, the car uses hidden door handles and low wind resistance wheels, which looks very harmonious as a whole. At the same time, the tail adopts the popular through taillight group, which has a strong sense of movement with the large spoiler above. In terms of power, Geely Galaxy E5 will be equipped with a pure electric power system, which will provide 800V architecture models with a high probability.

●　Editor’s comment:

　　　The launch of Geely Galaxy E5 makes up for the vacancy that there is no pure electric SUV in Galaxy series. At the same time, due to the great success of Galaxy E8, consumers are quickly aware of this series of models. The official launch of Galaxy E5 in time is bound to set off a new wave of market in the segmentation field. At the same time, Galaxy E5 has also set its sights on the global market and adopted left and right rudder models for simultaneous development. According to the officially announced product plan, Geely Yinhe brand will focus on the mainstream market of "hybrid+pure electricity" in 2024, and launch three new energy products one after another, all of which are developed based on brand-new architecture and innovative design language, and apply self-developed new energy intelligent technology.

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● Deep blue G318
Auto Show Action: Pre-sale
Model features: Deep Blue’s first medium and large SUV

　　Previously, on March 18th, the brand-new medium and large SUV- Deep Blue G318 made its debut. As the third model of the brand, it relied on tough appearance lines and rich official modification and expansion hardware, focusing on outdoor users. Earlier reports said that the main price of the car is expected to reach the range of 250,000-300,000. According to the plan, the new car is expected to be delivered in June and the monthly sales volume is expected to reach 10,000 units.

　　In terms of appearance, the overall design tends to be tough, with straight lines and rounded rectangles to create a popular retro hardline this year. In order to meet the design requirements, the stamping and welding links in the manufacturing process have also been upgraded.

　　Headlamp group similar to the letter C is equipped with a central enclosed front grille, which creates a unique avant-garde feeling for new energy vehicles. In addition, the fender under the bumper also adds more wildness to the whole front.

　　The design of the hidden door handle on the side of the car body is conducive to reducing the wind resistance. The official said that the wind resistance coefficient of the whole car is 0.35Cd, and it is matched with the front and rear raised wheel eyebrow lines, which highlights the tough style and further resembles modern aesthetics. The trunk door at the rear of the car adopts a side-opening structure, and the two sides meet to form a lifting structure, which forms a stable and powerful support for the rear. Together with the strong black bumper at the bottom, it is very recognizable and strong. The new car will offer 7 exterior colors and 3 interior colors.

　　In order to meet the needs of outdoor use, the original factory of Deep Blue also provided an optional roof rack spotlight, which evolved from a traditional round shape to a hexagonal shape, bringing a brand-new technological look and feel, providing more adequate environmental lighting during crossing or camping, and at the same time, the roof rack can also play the role of carrying items in the actual use process. The new car will come standard with active noise reduction and double-layer sound insulation glass in front and rear.

　　In addition, Deep Blue also provides luggage rack, headlights, electric pedals, backpacks, spare tires and other original factory extensions. It is worth mentioning that the dark blue G318 four-wheel drive model has towing qualification, and the maximum towing quality can reach 1600kg. As long as you have a C6 driver’s license, you can easily tow water entertainment equipment such as yachts and motorboats, or outdoor sports equipment such as bicycles and motorcycles. In addition, the maximum external discharge output power of Deep Blue G318 is 6kW. In terms of body size, the length, width and height of the new car are 5010/1985/1960 mm (including spare tire and spotlights) and the wheelbase is 2880 mm.

　　The interior styling continues the design style of the car, and the overall design concept follows the hard-core off-road style. The large-area square and straight outline lines make the interior look tougher. Not only that, the car has a large number of physical buttons, which is convenient for functional operation in various driving conditions and is also conducive to driving safety. In addition, the car also adds a large-size instrument and a 14.6-inch central control display screen, which creates a good sense of avant-garde and advanced overall.

　　In the power part, Deep Blue G318 will be equipped with an extended-range power system, in which the maximum power of a single motor version is 110 kW; The front and rear dual-motor four-wheel drive version, in which the maximum power of the front motor is 131kW, the maximum power of the rear motor is 185kW, the total power of the system reaches 316kW, and the peak torque can reach 6200 Nm. 0-100km/ acceleration time is 6.3 seconds. The kerb mass of Deep Blue G318 is 2360kg, the maximum load is 2800kg, and the ton power reaches 112.86kW/1000kg.

　　The dark blue G318 is equipped with ENC active noise reduction technology. In addition, the car has a double wishbone+multi-link +R-EPS steering system. Not only that, the magic carpet +CDC+ suspension is also standard.

　　It is worth noting that the G318 integrates 16 driving modes, including 5 daily modes, 5 terrain modes (wading mode, snow mode, rugged mode, mud mode and sand mode) and 3 special scenes (in-situ U-turn, steep slope descent and off-road crawling). Three energy management modes.

●　Editor’s comment:

　　In recent years, the outdoor and camping boom has made more consumers tend to choose SUVs with certain passing performance. The Deep Blue G318 uses extended range as the power form, with a tough appearance and sufficient official expansion accessories, which is exactly the latest user demand. On the other hand, with the rapid development of intelligent technology, its intelligent driving can also reduce users’ driving fatigue in many application scenarios, and intelligent cockpit technology provides convenience when camping. Compared with those hard-core off-road vehicles that rely on the four-wheel drive structure to impress consumers, the deep blue G318 is undoubtedly more grounded.

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● Tank 300 Hi4-T
Auto show action: starting
Model characteristics:Great Wall’s latest Hi4-T hybrid system blessing

　　Previously, the tank 300 Hi4-T model has been declared by the Ministry of Industry and Information Technology, and the Hi4-T logo representing the latest hybrid technology of the Great Wall has appeared on the new car, which means that the tank new energy product sequence will officially welcome a powerful new player. The car will be equipped with a hybrid system consisting of a 2.0T turbocharged engine and an electric motor, which will greatly improve fuel economy.

　　In terms of appearance, the overall new car is highly consistent with the fuel version, and has not been adjusted too much. The square box shape and retro round lamp design make it have a good performance. In terms of body size, the length, width and height of the new car are 4760/1930/1903mm and the wheelbase is 2750mm respectively.

　　At the rear of the car, the new car is designed with a horizontal tailgate, and the "small schoolbag" is still there, with the Hi4-T logo under the word "Tank 300". In addition, from the declaration map, the new car can be selected for many details to meet more personalized needs.

　　In terms of power, the new car will be equipped with a 2.0T plug-in hybrid system, in which the engine model is E20NB and the maximum power is 185kW. In addition, the ternary lithium battery equipped with the new car comes from honeycomb energy, and the specific parameters of the motor are still unknown.

●　Editor’s comment:

　　As its first model, Tank 300 was an instant hit, and its grand occasion at the 2020 Chengdu Auto Show is still memorable. The official launch of the hybrid version of the tank 300 further complements the short board of the fuel economy of this car. For those users who want to have a holiday and are sensitive to the fuel economy of daily commuting in cities, the tank 300 Hi4-T can meet more needs.

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● The new model asks M5.
Auto show action: starting
Model characteristics:Or take HarmonyOS Smart Cockpit 3.0, Huawei ADS 2.0 Intelligent Driving, etc.

　　Previously, Wang Yanmin, president of Huawei’s BG Intelligent Car Selection Business Department, revealed that the M5 will be unveiled at the 2024 Beijing Auto Show. The M5 is positioned as a medium-sized SUV, which is available in pure electric power and extended range. The motor is available in 272 HP rear drive and 496 HP four-wheel drive. The cruising range of pure electric rear-drive vehicles is 602 km and 620km, and that of pure electric four-wheel drive vehicles is 534km. The extended-range model is equipped with a 1.5T engine as a range extender, with a maximum power of 152 HP and a pure battery life of CTLC ranging from 230 to 260km.

　　In the appearance part, the overall shape of the new car has not changed much, and it still continues the current shape. The overall simple front face design with large air intake grille and vents on both sides shows a good sense of movement. It is worth mentioning that the new car will upgrade the intelligent headlight system and have a wider irradiation range.

　　On the side of the car body, the new car is still a continuation of the current style, with a good balance between fashion and dynamics. The window part is decorated with silver chrome, which enhances the sense of luxury. In terms of the tail, the new car uses a penetrating taillight group, which is highlighted by black decoration. The rounded and full rear bumper makes the tail shape of the vehicle look more heavy.

　　In the interior, the new car will support the same optional configuration of the M9 AR HUD, adding three-zone air conditioning, independent temperature regulation in the rear row, cotton candy seats, zero-gravity seats and so on. In terms of configuration, the new M5 will be equipped with an 800V fast charging platform and adopt the latest Huawei lidar.

　　In terms of power, the new car will upgrade the same motor in Zhijie, and the acceleration time of 0-100km/h will be increased to 6.3 seconds and 3.6 seconds. In addition, the extended-range model will be equipped with a 50kWh battery, with a pure battery life of 330km and a comprehensive battery life of 1520km under CLTC conditions. The pure electric version will support 100kWh batteries, and the longest battery life is expected to be about 800km.

●　Editor’s comment:

　　The appearance of the 2024 model M5 has not changed significantly. It is mainly improved in various configurations such as power, charging, intelligence and comfort of the vehicle, and the product strength of the vehicle has been further strengthened. As the first model of the family, the M5 has opened up the market for the brand. However, with the launch of the M7 and M9 models, its overall presence is getting weaker and weaker. Through this change and upgrade, I look forward to asking M5 to have a better performance in sales.

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● Chevrolet Explorer Plus
Auto show action: starting
Model characteristics:Provide RS and ACTIV interior and exterior decoration/The first plug-in hybrid model

　　Previously, SAIC-GM Chevrolet officially released the official map of the Explorer Plus model. This car is actually a brand-new Equinox model just released overseas in January this year. Explorer Plus will provide two interior and exterior design styles, RS and ACTIV, to interpret the new fashion classics of American SUV.

　　In terms of appearance, Explorer Plus adopts the latest family design language, and the front face is more square and tough. Compared with the modern appearance, the new car is more in line with the current aesthetic trend. Both models are equipped with split headlights and honeycomb air intake grille, which are decorated by letter signs. The air intake grille of Activ version has a larger area and is all blackened; The RS version of the air intake grille is more compact.

　　On the side of the car body, the Explorer Plus car body looks like a reduced version of the Traverse model, and the overall side lines are similar, and the C-pillar and the suspended model are still very recognizable. In addition, the two models will also be equipped with different styles of wheels and tires. The Activ version pays more attention to off-road orientation, while the RS version pays more attention to daily road driving. In terms of body size, the length, width and height of the overseas version vehicles are 4653/1902/1667mm and the wheelbase is 2730mm, which is 51mm wider than that of the current US version vehicles.

　　In the interior part, Explorer Plus is equipped with a three-spoke steering wheel, and uses an 11-inch digital dashboard and an 11.3-inch central control screen, making the interior more scientific and technological. This time, Chevrolet has also upgraded its driver assistance and safety functions. The safety assistance kit for new cars includes enhanced lane keeping assistance, automatic emergency braking with collision alarm, adaptive cruise, blind zone alarm, rear traffic alarm with automatic braking, lane change alarm and so on. In terms of space, the trunk volume is 845L, and it is expanded to 1799L after putting down the rear seats.

　　In terms of power, the new car is equipped with a new generation of 1.5T hybrid system, which adopts P1+P3 dual motors in series and parallel. The maximum power of the engine is 132kW and the maximum torque is 250 N m.. The new car’s 0-100km/h acceleration time is 6.8 seconds, the maximum speed is 180km/h, and the pure electric drive’s 0-60km/h acceleration time is 3.7 seconds. The CLTC comprehensive cruising range of the new car exceeds 1000km, the pure electric cruising range is 155km, and the CLTC comprehensive fuel consumption is only 1.05L/100km. The new car offers two driving modes: pure electric priority (EV) and intelligent electric hybrid (HEV).

●　Editor’s comment:

　　The explorer Plus vehicle renders a strong American SUV atmosphere, and the vehicle has a distinctive appearance, which makes people shine in the current SUV market. Most importantly, this model is also the brand’s first plug-in hybrid model, which has attracted a lot of market attention. What is the overall product strength of the new car? Let’s look forward to its appearance at the Beijing Auto Show!

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● Enjoy the world S9
Auto show action: starting
Model characteristics:The first model of Huawei and BAIC brand new brands

　　Earlier, we learned from the official that Huawei and BAIC launched the first "smart car" brand-new brand Huazhang brand’s first model-Enjoy the S9 part of the official map released. According to the previous information, the car will be listed within the year and will also enter Huawei channel sales in the future. It is worth mentioning that the car may sell for about 500 thousand in the future.

　　In terms of appearance, the new car is built in a rather concise design language, and the C-shaped headlight group+penetrating light strip makes it highly recognizable. In addition, the front enclosure of the new car is equipped with trapezoidal vents with wider dimensions, creating a certain sports atmosphere.

　　Coming to the side of the car, the roof line of the new car is very smooth, and the side body line is also very simple, and the overall visual effect is quite good. On the tail side, the new car uses a penetrating taillight, and the end of the trunk extends a design similar to a duckling tail. There is no exaggerated diffuser shape at the lower enclosure.

　　　In terms of body size, the length, width and height of the car are 5160/1987/1486mm and the wheelbase is 3050 mm. In terms of power, according to different models, the car will provide two versions of single motor and dual motor for consumers to choose from in the future. The former is equipped with TZ210XYA03 drive motor produced by Huawei Digital Energy Technology Co., Ltd., with a maximum power of 227 kW; The latter is equipped with front and rear dual motors YS210XYA03 and TZ210XYA03 produced by Huawei Digital Energy Technology Co., Ltd., with maximum power of 158 kW and 227 kW respectively.

●　Editor’s comment:

　　As the first car under the brand jointly built by Huawei and BAIC, Enjoy World S9 is positioned as the luxury flagship model of the brand and will compete with traditional luxury brands. Thanks to Huawei’s technology, there is no need to worry about the intelligent configuration of vehicles, but we are very much looking forward to how the overall luxury configuration and the sense of honor in details will be presented!