"Liangjiang Made" Wenjie M9 is officially listed, and orders have exceeded 50,000

On December 26, the Q Jie M9 jointly built by Sailis Automobile and Huawei was officially launched. According to reports, the current reservation of this model has reached 54,000 and will be delivered in batches on February 26 next year.

The M9 is a large SUV based on a new platform, providing two power forms: extended range and pure electric, with acceleration times of 4.3 seconds and 4.9 seconds respectively.

In terms of battery life, the extended-range 52-degree battery version has a comprehensive battery life of 1402km under CLTC conditions, and a pure electric battery life of 275km; the pure electric version is equipped with Huawei’s "Giant Whale" 800V high-voltage battery platform, charging 150km in 5 minutes, and the battery life under CLTC conditions reaches 630km.

As Huawei’s most expensive flagship model at present, the M9 is equipped with a number of Huawei’s latest technologies, such as Huawei’s megapixel smart projection headlights, Huawei’s Tuling chassis, and Huawei’s AR-HUD system.

In terms of high-end intelligent driving, the entire vehicle is equipped with 27 sensors, including a newly designed 192-line lidar, enabling a high-end intelligent driving experience that can be driven nationwide by the end of 2023.

It is reported that the Sailis Automotive Smart Factory, which produces the M9, is located in Longsheng New Town, Liangjiang New District. It is built with super international leading standards and integrates advanced technologies such as AI vision and big data to achieve 100% automation of key processes. It can achieve 0.05mm-level blue light accuracy identification, more than 600 key point detection, and 100% quality monitoring and traceability. It also realizes the world’s leading application of super-large 9000T die-casting technology, achieving the highest degree of integration in integrated die-casting components.

Sailis is the first partner of Huawei Hongmeng Zhixing. In 2022, the sales volume of the Q Jie brand series built by the two parties reached 75,000, once becoming the fastest growing new energy brand in China.

The listing of the new M7 has exceeded expectations, with orders exceeding 100,000 in just over 2 months, and according to the plan, 23,000 will be delivered in December this year, and over 30,000 will be delivered monthly next year.

He Liyang, president of Cyrus Automotive Co., Ltd., said that Cyrus Automotive is rapidly increasing its production capacity and will make every effort to allow users to experience the charm of the AITO M9 as soon as possible, with the confidence to set a new industry record.

Beijing online car-hailing market bid farewell to foreign cars, non-Beijing owners: rice bowl gone

  Beijing, April 2 (Reporter Ma Chuang) According to the Voice of China "News Vertical and Horizontal" report, after Didi stopped sending orders to non-Beijing brand vehicles in the Third Ring Road last Monday, from yesterday (1st), Didi stopped sending orders to non-Beijing brand vehicles throughout Beijing. Data show that after the implementation of the new policy, Beijing’s standard online car-hailing will drop to 10% of the previous. In the face of Didi’s new policy, how do non-Beijing car owners who do not meet the requirements respond? In the face of concerns about "whether it will return to the difficulty of hailing a taxi", what new measures will Didi take?

  On March 20, Didi stopped sending orders to non-Beijing brand vehicles in Beijing’s Third Ring Road. Nine days later, Didi sent a notice to drivers on the client side, announcing that it would stop sending orders to non-Beijing brand vehicles throughout Beijing from April 1.

  Didi Chuxing staff said that the successive adjustments to the policy were to implement the relevant regulations in the Beijing online car-hailing rules. "According to the regulations of the Beijing online car-hailing rules, Didi will stop sending orders to the whole Beijing area, including those outside the Sixth Ring Road, before April 1."

  Some non-Beijing drivers have started looking for new jobs after the new rules were issued. Didi suggested that non-Beijing drivers go back to the place where the license plate belongs to continue to take orders, or participate in the recycling of used cars, discounted car purchases, and discounted car rental schemes. Some non-Beijing car owners expressed difficulty in this regard. "Sending a message is like an advertisement, which will definitely affect the driver, because my job is gone, I plan not to run, there is no way. There is definitely no business going back to the local area, and I will not recycle the newly bought car."

  In December last year, the Beijing Municipal Transportation Commission and other departments jointly issued the "Detailed Rules for the Administration of Online Booking Taxi Business Services in Beijing", requiring that online car-hailing must be "Beijing people drive Beijing cars". At that time, Beijing gave a five-month transition period to facilitate drivers and online car-hailing platforms that meet the standards to submit applications and accept assessments. According to the regulations, engaging in online car-hailing services requires participating in national and local exams. Only after passing can you register for employment, and the valid period for registration of professional qualifications is 3 years.

  Although the exam questions were generally not difficult, Master Wei, the driver, said that he was a little unable to take the exam. "If you want to drive, you must first get a license, and you must take the online car-hailing driver’s license and service license. How can we pass the exam? If you ask me to participate, I will not participate."

  Didi’s new policy may be difficult for non-Beijing car owners to buy it. Zhu Wei, deputy director of the Communication Law Research Center of China University of Political Science and Law, said that although the implementation of the new policy may lead to some contradictions at the beginning, in the long run, the Internet sharing economy is still the general trend. "In the future, the market supply and demand may be unbalanced, and the supply will continue to decrease while the demand is still very large, so the price may rise in a short period of time, and it is very likely that you will not be able to get a car. This is the negative impact of the implementation of the new policy. At present, the sharing economy has just emerged. Including the friction between traditional industries and the sharing economy, it may require legal regulation. Conservatively speaking, it may be conducive to social stability."

  After Beijing stopped sending orders to non-Beijing-licensed vehicles, how are the current business conditions of online taxi drivers and taxi drivers who meet the standards? Many people are worried that they will face the problem of difficult taxi hailing again in the future. How will Didi respond to this?

  According to media reports, previously in Beijing, about half of the online car-hailing vehicles operated by foreign license plates used to account for about half. Now, coupled with the requirements of vehicle wheelbase, license plate and household registration, it is estimated that the online car-hailing cars that meet the requirements may only account for 10% of the current stock. Didi staff said that there will be new ways to deal with it in the future. "Since the reduction of transportation capacity may affect the success rate and waiting time of users in some areas and some times, we apologize for this. At the same time, we have also taken various measures to improve efficiency and hope to meet user requests as much as possible."

  In Beijing, many passengers have already felt that it is becoming more and more difficult to order a car. Some industry insiders believe that the impact of Didi’s suspension of foreign-brand cars will be felt soon, and this part of the impact will be mainly on express and special cars. Unlike the worried non-Beijing-brand drivers, many "Beijing-brand" online car-hailing drivers who meet the detailed regulations are full of expectations for the future. "Suddenly there are not so many cars, can you not live much? These days, it is obvious that there is more life, but the delivery distance is far. It is time for Didi to start promoting and rewarding drivers, which is the key."

  Some Beijing taxi drivers believe that the new method of dispatching orders will ease traffic congestion to some extent. "Big cities are already very congested, and traffic in Beijing will be much better after the new policy. It is long overdue to stop them. At that time, the review will be very strict, and it will definitely be safe. Taxi companies are also in the background, and they are all safe to a certain extent. It is difficult to say whether private cars are safe or not."

  With the implementation of the new policy, only 10% of the stock of online car-hailing that meets the standards is left, which may not pose a threat to the traditional taxi market for the time being, and taxi companies do not have to exclaim "the wolf is coming" as before. As for the future development of online car-hailing, Zhu Wei said that the only thing left is to carry out refined operations in the public sector, and ways such as ride-hailing, data economy, and cooperative entrepreneurship may inject new blood into the online car-hailing industry. The development speed may not be as fast as in the past, but deep cultivation under the legal framework is the only way to consolidate the foundation of the enterprise.

  Zhu Wei analyzed that the first way to develop more is to add more hitchhikers, because the current proportion of hitchhikers may be relatively small, and their own vehicles, fixed routes, and usually can bring a few more people. This kind of behavior may exist in large numbers in the future, and it is also worth encouraging. The second is the data economy. Under the current model of the sharing economy, including vehicle information and vehicle route information, it must be counted in the big data platform of smart travel and smart cities. In the future, Didi will integrate and communicate data with the government and taxi companies in this regard, and there will be many good directions for the entire Beijing travel in the future. Third, Didi will have some travel, including a business plan to cooperate with drivers. At present, Didi, including the implementation measures for the implementation of the new policy in the future, must take the current law as the bottom line. If there are new situations and new problems when "Internet +" develops in the future, the country may further refine it, and there may be changes in legislation and law enforcement.

A Cai Moments · Yang Qiang, Wu Haishan | Is artificial intelligence ushering in the best era?

Artificial intelligence (AI) has been developed for more than 60 years since its birth. In recent years, AI has become a hot spot in academia and industry around the world. Start-up companies are surging, huge investments are emerging, tech giants are constantly up the ante, and scientific research, capital and talent are moving closer to AI. So, some people will inevitably ask, have we ushered in the best era of artificial intelligence?

The Challenge of Good Times

Looking back today, 2017 may be an important node in the development of artificial intelligence in China. In 2017, "artificial intelligence" was written into the government work report of the National People’s Congress for the first time. Premier Li Keqiang said that it is necessary to fully implement the development plan for strategic emerging industries and accelerate the research and development and transformation of new materials, artificial intelligence, integrated circuits, biopharmaceuticals, and fifth-generation mobile communications. Artificial intelligence has also been hotly discussed by deputies to the National People’s Congress and members of the National Committee of the Chinese People’s Political Consultative Conference.

At the same time, at the 2017 Wuzhen Go Summit, AlphaGo defeated the world’s No. 1 Go champion Ke Jie with a total score of 3:0, which attracted the attention of the whole people. "Whether artificial intelligence has completely surpassed human beings", "Will artificial intelligence replace human beings" and other issues have also become hot topics.

It was also from that year that artificial intelligence was surging. Overnight, it seemed that all companies had become artificial intelligence companies. Capital and talent quickly poured into the field of artificial intelligence. "Artificial intelligence" became one of the hottest and most sought-after words in the technology, academic and corporate circles. Major Internet companies have vigorously promoted artificial intelligence research and development. Tencent founder Pony Ma has also publicly stated that if he can only invest in one field, starting from his own industry, he is most concerned about the AI industry related to information technology. Internationally, tech giants such as Google and IBM have been researching artificial intelligence for more than a decade, and some research results have entered commercial applications in recent years.

From these perspectives, artificial intelligence can be said to have ushered in a very good era, but there are also problems behind the excitement. For example, this boom is more driven by the industry and investment community, while the academic and basic research fields have not revolutionized, and the talent gap has not been really solved.

At the same time, AI still faces many challenges in practical application and implementation, especially data issues. The various types of data required for AI research are scattered in different enterprises, and the ideal "big data" that people often say does not exist, but the actual situation is that there are a large number of "small data" and "data islands"; in addition, data security, privacy, compliance and other issues have always existed. In 2018, the European Union officially implemented the strictest data protection regulation in history – the General Data Protection Regulation (GDPR), and on January 21, 2019, Google became the first US technology company to be heavily punished under this law, fined 50 million euros… These problems make the implementation and development of AI look less good.

Deeply empowering industry

In 2019, Premier Li Keqiang talked about artificial intelligence for the third time in the government work report. It is worth noting that this year, the Premier specifically proposed in the report to build an industrial Internet platform, expand "intelligent +", and empower the transformation and upgrading of the manufacturing industry.

At present, the innovative achievements of artificial intelligence have been applied in various fields, promoting technological progress, efficiency improvement and business model change in all walks of life. Among them, the financial industry is one of the most promising AI application fields, and AI + finance is the top priority of "intelligence +".

On the one hand, the information construction of the financial industry started earlier, and the industry attaches great importance to the standardization and standardization of data collection, so it has a large amount of accumulated data, which provides a solid foundation for the application of artificial intelligence; on the other hand, taking banks, insurance, securities companies as an example, the main business of the financial industry is based on large-scale data development, a large number of cumbersome data processing work, the urgent need for automation and intelligent change to liberate manpower; in addition, financial inclusion and scene-based innovation, also need new technical means to provide support, and the combination of artificial intelligence and finance undoubtedly provides more possibilities for financial innovation.

The author takes the practice of WeBank in the field of AI + finance as an example to introduce. Starting from demand, returning to business value is the core of self-researching AI. WeBank is an Internet bank serving small and micro enterprises and the general public. The most difficult part is the high service cost caused by the large number of scattered and large, lack of collateral, and imperfect guarantee system.

Therefore, the AI team of WeBank applies "AI + service" to actual business links. For example, three application systems are created based on the three major engines of "natural language processing engine", "voice engine" and "vision engine" – "intelligent nuclear system", "intelligent customer service system" and "intelligent quality inspection system", covering the whole process of business consultation, identity verification, data review, operation and lending. At present, through this set of AI robot combination boxing, we allow customers to complete all the online from consultation to application to borrowing, without offline account opening or paper materials, to maximize the solution to the problem of difficult and slow loan processes for small and micro enterprises, and to help enterprises innovate and develop.

The launch of the new national asset management regulations and the inclusion of the Chinese market in the MSCI index have had a profound impact on China’s asset management industry. WeBank is also making efforts in the field of "AI + asset management". It is currently developing alternative data based on satellite remote sensing image data, drone image data, mobile location data and public opinion text information. It can create an AI-driven asset management platform through artificial intelligence technology, which can not only monitor the macro economy in real time, but also predict the trends of listed and bond-issuing companies and different industries. Build an AI + Alternative Data-driven ESG (environmental, social and corporate governance) index, so as to provide investment decisions for asset management companies, fund companies, rating companies and other fields.

In the face of data silos and privacy concerns, where does AI go?

As mentioned above, the complexity, isolation, privacy and security of data are the key factors that plague and restrict the deepening development and application of AI, including the financial industry. How to solve these data problems, break down data silos, and establish true "big data" while better protecting data privacy and security has become a problem that must be solved in the current development of AI.

The author believes that in the face of these problems, we can have a new way of thinking – federated learning (Federated Learning), whose purpose is to protect user privacy and data security. Federated learning, as the name suggests, is to build a virtual "federal state" to unite large and small "data islands". They are like a state in this "federal state", which not only maintains a certain degree of independence (such as trade secrets, user privacy), but also can jointly model and improve the effect of AI models without sharing data.

Essentially, it is a distributed encryption machine learning technology where all parties involved can build models without disclosing the underlying data. This is also a win-win machine learning method. It breaks down the data dimension walls on the top of the mountain, revitalizes large and small "data islands", and connects into a win-win AI continent.

In the field of finance, federated learning can be used to analyze potential fraud; in the field of insurance pricing, it can accurately analyze the attributes of users in more dimensions. For enterprises, the application of federated learning can save costs more effectively, and it can also make user classification more accurate. In addition, for some very sensitive data scenarios, such as the medical field, different hospitals can also share sensitive medical data through federated learning technology.

The future AI new generation of machine learning algorithm framework should be based on privacy protection, security compliance, reasonable interpretation, and transparent reasoning mechanism to ensure the healthy development of artificial intelligence. The development and practice of federated learning provides new ideas for the industry. Of course, the construction of AI ecology and the construction of big data also requires different enterprises, scholars, and research institutions to join forces, share technology, share data, and unite forces to jointly solve data silos and user privacy issues.

AIFuture: Basic research still requires continued efforts

So, what is the current development of AI in China, and what are the future prospects? Ma Songde, former vice minister of the Ministry of Science and Technology, and many other experts and scholars have said that China’s application of AI will be the largest in the world, and the prospects are very good, but continued efforts are needed in basic research.

The author believes that in recent years, China’s AI map has been "dots" one by one, but it has not been able to form a "face". In other words, a deep AI application ecosystem that can open up the industrial chain has not been established, and there is still a lack of system level and infrastructure building.

At present, the industry’s understanding and application of AI is more limited to the single-function product level. For example, an enterprise introduces AI assistance in certain process links, such as human-machine interaction and facial recognition, but such an enterprise cannot be said to be an artificial intelligence enterprise. The entire industry should have a deeper understanding of AI, so that AI can drive the optimization of the core decision-making system of the industry, and maximize the advantages and revolutionaries of AI.

It is hoped that in the future, China’s AI colleagues will pay more attention to basic research and work together to truly drive the development and implementation of core, in-depth, and industrialized AI.

This article is a special column of Yicai Moments, representing the author's personal views only

The pre-sale price and configuration of Chery Tiggo 8 Pro are suspected to have exposed 131,900. Is it expensive?

The price of Pro has always been controversial. Since the sales volume of the series plummeted in February, people can’t help wondering, if the price of Tiggo 8 Pro is not cheap, will there be so many people willing to pay the bill?

Recently, we also obtained a group of exposure information of suspected Tiggo 8 Pro configurations and pre-sale prices from online channels. It is reported that the new car will be listed at the end of April, with a total of 9 configurations, and the pre-sale price range is 131,900 to 169,900.

Of course, this is only a pre-sale price. There is actually a price on this price list, starting from 125,900. Are you excited? As a new member of the Tiggo 8 family, the positioning of the Pro is definitely above the PLUS, so the overall styling style of Ta is still better than that of the Tiggo 8 PLUS. And the size of the car body is also larger than that of the Tiggo 8 PLUS, and the length of the car body reaches 4745mm, but the width and wheelbase are consistent with the 8 PLUS.

The new car has a total of 9 configurations, the basic entry model adopts 1.6-liter displacement, and if it is higher, there are 4 models with 2.0-liter displacement. Among them, the entry-level 1.6-liter basic model is equipped with 24.6-inch dual screen, automatic air conditioning, reversing image, automatic headlights, 18-inch rims, leather seats, 8-speaker brand speakers and other configurations. If it is a higher level, there are side air curtains, 360-degree images, electric adjustment of the main driver’s seat, and ambient lights.

By the time 1.6 was luxurious, there was already front radar and blind spot detection, and the wheel hub was changed to 19 inches. The 1.6-liter distinguished model adds the main driver’s knee airbag, the second row of side airbags, fatigue monitoring, face recognition, fragrance system and so on.

The entry level of 2.0 liter is the same as that of the standard 1.6 liter, except that there is no basic beggar version. However, the 2.0-liter comfort model already has a timely four-wheel drive system.

Ghostbusters point of view: I don’t have much idea about the Tiggo 8 Pro except the final price. As a masterpiece of domestic products, overall, both power and fuel consumption are very good, but I won’t buy it if it’s expensive. What about you?

Foshan Zhiji LS6 hot promotion, the highest discount of 10,000! Not to be missed

Recently, the preferential promotion channel in Foshan, car home has brought you a popular model-a limited-time special event. It is reported that this medium and large SUV model is currently in the process of price reduction promotion, and the highest discount amount has reached 10,000 yuan. The most surprising thing is that the minimum starting price is only 219,900 yuan, which makes this high-end model more intimate. If you are interested in Zhiji LS6, you may wish to click "Check the car price" in the quotation form to get a higher discount.

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Zhiji LS6 is a stylish and dynamic SUV. Its front face design uses a large area of chrome decoration and streamlined lines, creating a strong visual impact. The air intake grille adopts a unique star-shaped design, which complements the overall style of the car body and shows the brand’s personality and fashion sense. The body lines are smooth and dynamic, and the roof adopts suspended design, coupled with the unique C-pillar design, which further highlights the aesthetic feeling of the whole vehicle. The side of the car body is also equipped with large-sized wheels and wide tires, which further highlights the sporty feeling of the car. In terms of interior, Zhiji LS6 adopts a luxurious and comfortable design style, equipped with a large central control screen and a full LCD instrument panel, so that drivers can better control the situation of the whole vehicle. The whole vehicle adopts intelligent driver assistance system and safety configuration as standard, providing drivers with a safer and more comfortable driving experience.

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Zhiji LS6 is a medium-sized SUV with a body size of 4904*1988*1669mm and a wheelbase of 2950mm. The body lines are smooth, showing a dynamic and steady style. The front tread is 1698mm, the rear tread is 1707mm, the front tyre size is 235/50 R20, and the rear tyre size is 255/45 R20. The matching of tires and rims makes the whole body more atmospheric. The lines on the side of the car are simple and smooth, showing the sense of fashion and sports of Zhiji LS6.

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The interior design of Zhiji LS6 is very exquisite, using high-quality materials and advanced technology to bring comfortable driving experience to drivers and passengers. The steering wheel is made of genuine leather, which makes it feel comfortable. At the same time, it supports manual adjustment up and down and back and forth, which is convenient for the driver to adjust to the most comfortable position. The size of the central control screen has reached 26.3 inches, and the display effect is very clear. It supports the voice recognition control system, including multimedia, navigation, telephone and air conditioning, which is convenient for drivers to operate. The front seats are equipped with heating and ventilation functions, the driver’s seat also supports the memory function of electric seats, the auxiliary seats support the functions of front and rear adjustment, backrest adjustment and height adjustment (2-way), and the second row seats support backrest adjustment. The rear seats can be tilted in proportion, which increases the flexibility of space. In addition, the front and rear rows are equipped with Type-C and USB interfaces, which are convenient for passengers to charge.

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Zhiji LS6 is an electric SUV with excellent power performance. The maximum engine power reaches 231 kW and the maximum torque is as high as 450 N m.. This makes it show excellent performance during acceleration and driving. At the same time, Zhiji LS6 also has an efficient electric drive system, which can provide a smooth and quiet driving experience. In addition, Zhiji LS6 also adopts advanced battery technology and intelligent charging system to bring users a longer cruising range and a more convenient charging experience. In a word, the engine performance of Zhiji LS6 is excellent, which can meet the user’s demand for driving performance and comfort.

In the word-of-mouth evaluation of car home car owners, we can see that she spoke highly of the appearance and sense of science and technology of Zhiji LS6. The design of Zhiji LS6 is really attractive, full of modernity and avant-garde. In addition, Zhiji LS6 also has excellent performance and advanced technology, which is one of the reasons why it has attracted much attention. No matter in appearance, performance or technology, Zhiji LS6 has demonstrated its strength and charm. We look forward to more car owners driving the Zhiji LS6 in person and feeling the surprise and fun it brings.

[Pomegranate blossoms and seeds are concentric] At the Xiaomi Museum, watch the Millennium millet welcome the new change.

  "Millet" is a written general term for millet in ancient times. "Millet" is an annual plant of Gramineae, which is widely planted in northern China and commonly known as "millet" after hulling. Millet, as the oldest crop originated in China, was at the top of the grain crop in ancient times.

  The world millet sees China, and China millet is in Aohan. On August 22nd, an interview group from Inner Mongolia Station, the network theme activity of "Pomegranate Blossoms and Seeds with One Heart", came to Aohan Banner, known as "the hometown of millet in the world", to visit the Xiaomi Museum, get a close look at past lives of Aohan Xiaomi, and explore its profound culture.

  Xiaomi museum

  Founded in September 2018, the Xiaomi Museum in Aohan Banner is a cultural integration and exhibition platform of the global important agricultural cultural heritage "Aohan Dry Farming System" represented by Xiaomi. The design of its architectural form is inspired by the typical cultural carrier of Xinglong Valley, jade Jue and barrel-shaped pottery pots. In addition to displaying the dry farming system with millet as the main part, the museum also set up a special area to display the production environment, quality characteristics, production situation, geographical indications and honor reports of Aohan millet, so as to fully display the dry farming cultural system with a long history and rich culture in Aohan Banner.

  In the museum, peripheral products related to Xiaomi can be seen everywhere. Millet oil, millet soap, millet crust, millet moon cake, etc., the innovation chain around millet is getting longer and longer. "It tastes particularly good. I didn’t expect Xiaomi to make so many foods. It can be seen that Aohan Banner has made a good innovation in developing characteristic agricultural products." Lun Xiaoxuan, a reporter from China Net, said after tasting.

  Millet products

  In recent years, Aohan Banner has firmly grasped the golden signboard of "global important agricultural cultural heritage", made the millet industry bigger and stronger, made use of the influence of agricultural cultural heritage, and made Aohan Xiaomi, a national famous regional public brand, which has completed the development of the whole industrial chain from planting to processing, from sales to consumption, and from culture to tourism. Through continuous integration of Aohan millet resources, the brand value of Aohan Xiaomi has been enhanced, which has promoted the upgrading of Aohan Banner’s characteristic agricultural products industry and made the culture even more.

  Location of Xiaomi Museum

  At present, the museum has become an important garden for the masses to know, understand and experience the millet culture. It shows that the ancient ancestors in Aohan area have made outstanding contributions to the development of Chinese civilization and even human civilization. It also shows that the people of all ethnic groups in Aohan have protected, inherited and developed the dry farming system in Aohan during long-term exchanges and exchanges, and it has also become a cultural card for Aohan Banner to improve the agricultural cultural level, enhance the competitiveness of agricultural products and promote the development of millet industry and cultural tourism.

  Producer: Li Zhongfeng

  Text: Xu Jing

  Photography: Wang Xiaobo

  Edit: Wang Lihong

Beijing auto show looks forward to the brand’s participation in the whole department, taking Yunnian -Z to lead the new trend of future travel.

At the Beijing Auto Show in 2024, Wangwang brand made a stunning appearance with all its products, among which the most striking thing was Wangwang U7 equipped with Yunqi -Z technology for the first time. Looking up to the brand’s participation in this exhibition not only demonstrated its strong strength in the field of new energy vehicles, but also brought a visual feast for the audience about future travel through the application of Yunqi -Z technology.

As the flagship model of Wangwang brand, Wangwang U7 has attracted the attention of many audiences with its unique dimension door family language and Interstellar headlight design. In terms of power, Wangwang U7 is equipped with a powerful power system, and its 0-100 km/h acceleration time is only 2.9 seconds, which shows Wangwang brand’s unremitting pursuit of vehicle performance.

However, the biggest highlight of U7 is not only its powerful performance, but that it is equipped with cloud -Z technology for the first time. As a revolutionary new technology developed by BYD, Yunqi -Z has realized complete electrification and adopted a highly integrated suspension motor. With the addition of this technology, looking up to U7 has reached an unprecedented height in handling and comfort.

The adjustment response speed of Yunqi -Z technology is as fast as 10 milliseconds, that is, it can complete nearly 50 adjustments in a blink of an eye, far exceeding the adjustment speed of the traditional active suspension system. This more accurate and real-time dynamic control makes the body looking up at U7 remain as stable as Mount Tai, as if suspended on the ground, which greatly improves the stability and safety of driving.

In addition, Yunqi -Z technology also has the characteristics of kinetic energy recovery. Different from the traditional hydraulic active suspension, the suspension motor used in Yunqi -Z can do work directly, and the traditional design of oil as medium is abandoned, so the energy transmission loss is smaller. At the same time, the suspension motor can realize the conversion of kinetic energy into electrical energy and charge the battery during operation, thus improving the energy utilization efficiency and extending the battery cruising range.

In addition to looking up at U7, looking up at the brand has also brought many other hot-selling models, such as looking up at U8 cross-country player version and looking up at U9. These models also show the profound strength and innovative spirit of Wangwang brand in the field of new energy vehicles. Among them, Looking Up at U8 Off-Road Player Edition has become the focus of the audience with its powerful off-road performance and unique configuration.

Generally speaking, the brand Wangwang participated in the 2024 Beijing Auto Show, which not only demonstrated its strong strength in the field of new energy vehicles, but also brought a visual feast for the audience about future travel through the application of Yunqi -Z technology. Looking up to the brand is leading the new energy automobile industry to a better future with its forward-looking technical layout and innovative spirit.

Sancha capital market, Xiaomi’s optimistic smart driving company went to Hong Kong for IPO.

Author | Li Lan

Edit | Chapter Ripple

On March 30, three years ago, officer Lei announced to build a car. One hundred days later, Xiaomi led nearly 20 supply chain manufacturers such as Zongmu Technology, a smart driving solution provider.
As one of the first companies to invest and bet after Xiaomi entered the car, on March 28, 2024,On the day when Xiaomi’s first car, SU7, went public, Zongmu Technology also formally submitted a prospectus to the Hong Kong Stock Exchange, intending to list the main board.
This is the third listing of Zongmu Technology.
In January 2017, Zongmu Technology was listed on the New Third Board and delisted in December of the same year. The reason given was "needed for the adjustment of the company’s operation and development strategy".
In November 2022, Zongmu Technology science and technology innovation board’s IPO application was accepted by the Shanghai Stock Exchange, and it planned to raise 2 billion yuan, but in September 2023, it chose to withdraw its listing application in science and technology innovation board.
Now,Vertical scientific and technological choiceGive up science and technology innovation board and launch a sprint to the Hong Kong Stock Exchange.
fromAccording to the prospectus,Zongmu Technology has been more cautious in its wording this time, and put more emphasis on products. At the same time, before applying for IPO, it also carried out a series of "light" actions.
asThe "veteran" who broke into the capital market for the third time doesn’t know.Can the listing of Zongmu Technology go smoothly this time?
01
The financial report has improved, and the business is exploring.
The most eye-catching part of the prospectus is that the gross profit margin has finally turned positive.
Compared with the unprofitable situation in November 2022, Zongmu Technology has achieved a positive gross profit margin. From 2021 to 2023, Zongmu Technology’s gross profit margin was -8.9%, -3.5% and 3.5%, respectively, corresponding to a gross profit of-20.07 million yuan,-16.29 million yuan and a profit of 17.33 million yuan. Revenue has a steady growth with a compound annual growth rate of 48.7%.

Moreover, the cash flow of Zongmu Technology has also become stable. According to the prospectus, there is still a lot of room for fault tolerance. As of January 31, 2024, Zongmu Technology had 33.2 million yuan in cash assets, leaving 1.19 billion yuan in unused bank facilities.
How did Zongmu Technology achieve "rebirth"?A lot of factors benefit from the continuous growth of the market as a whole.
Before the real commercialization of L4 comes, L2+ has the widest application prospect, among which, the "integrated operation and parking" has the highest cost performance. According to the monitoring data of the Institute of Advanced Technology Intelligent Automobile, in 2023, 3,504,800 new cars with automatic parking were delivered as standard in China market (excluding import and export), up by 22.10% year-on-year.
According to the data in the prospectus, in 2022, about 20% of the ADAS solution market for passenger cars in China will be automatic parking. Among them, APA solutions account for more than 80%. Based on the corresponding income in 2022, Zongmu Technology is the second in China and the first in China respectively.
At present, most parking and parking integrated solutions in the market are actually designed and integrated based on the 1.0 architecture, which simply combines the driving SoC and the parking SoC into one box. The biggest technical moat of technology is that only a single SoC can solve the two problems of parking and parking.
Although three of the top five automatic parking APA schemes are foreign suppliers,However, domestic suppliers have the advantage of being "close to the water", which is convenient to provide personalized customized services to domestic new energy vehicle enterprises. The market share of domestic suppliers has increased from less than 5% in 2018 to 16.7% in 2022, and it is expected to exceed 25.0% in 2027..

According to the data of burning knowledge consulting, in terms of sales revenue in 2022, the ranking of the company among mainland suppliers in China is as follows: Zongmu Technology ranks fifth in the ADAS market with a market share of 1.0%; Ranked second in the automatic parking solution market, with a market share of 4.9%; Ranked first in APA parking solution market, with a market share of 5.6%.
According to the prospectus,AVP and APA platforms have been used in 28 models, and the energy service robot for intelligent mobile energy solutions is equipped with L4-level autopilot function supported by Drop’nGo platform..
From the most basic composition, the products of Zongmu Technology can be divided into two main directions:First, intelligent driving hardware and solutions, including domain controller and camera, 4D millimeter-wave radar, ultrasonic radar and other gauge sensors; Second, provide research and development services related to autonomous driving.
The hardware part is divided into three products,That is, panoramic surveillance camera, automatic parking assistance function and autonomous parking function, which respectively correspond to three scenes: car panoramic "reversing radar", automatic parking in the car and remote parking outside the car..
A domain controller is a computer that manages specific vehicle functions or fields, such as active safety, automatic driving, parking or parking. The controller of Zongmu Science and Technology Domain collects data from sensors around the vehicle (including radar, camera and ultrasonic sensor) to build a model of the surrounding environment. The software algorithm embedded in the domain controller will then determine the appropriate action of the vehicle according to the model. Moreover, Zongmu Technology has also developed a separate software algorithm, which can be delivered as a comprehensive software embedded hardware product or as an independent software product.
Finally, the computing platform of Zongmu Technology provides the basis for all function iterations, and the Drop’nGo platform supports the development of intelligent driving functions from L0 to L4.
According to the prospectus, since its launch in 2017, the Drop’nGo platform has gone through several iterations, enhancing its multi-sensor data fusion capability, improving its adaptability to weather and lighting conditions, and expanding its application scenarios from indoor to outdoor.
The third generation of Drop’nGo platform can provide L2+ comprehensive intelligent parking function on passenger cars, and further empower energy solutions with L4 automatic driving function.
The hardware that science and technology can make money has changed year by year.
In December 2022, in the prospectus of Zongmu Technology,Describing himself as "one of the few first-class suppliers in China that can provide intelligent driving systems for automobiles, including L0-L4 intelligent driving control units and intelligent sensors", the importance attached to control units has declined.
From the perspective of income structure, Zongmu Technology mainly relied on car trajectory sensors for profit last year.
At present, the domestic self-driving auto market dominated by L2+ level still needs the second-gear APA integrated parking solution. According to the prospectus, the company is in a leading position in the market of ADAS, automatic parking and APA (automatic parking assistance system) parking solutions.

From the perspective of profitability, the highest gross profit margin is the R&D services related to autonomous driving. In 2021 and 2022, the gross profit margin reached 42.7% and 50.8% respectively. However, in 2023, there was a waist cut, only 18.6%. Looking at the technology, it is pointed out that this is mainly due to the increasingly fierce market competition and the increase in project complexity, resulting in increased costs.
From the data of the prospectus alone, although Zongmu Technology does not have much exponential growth, it still has extraordinary incremental space.

Moreover, there are more choices when getting through the depth of customers. As of December, 2022, the overall customer matrix is still relatively simple. Among them, Cyrus accounts for more than 50% of the revenue, and the top five customers account for nearly 90%. By 2023, the number one customer has dropped to 43.8%, the customer diversity has increased, and the ability to resist risks has also been significantly enhanced.
Zongmu Technology is also constantly adjusting its customer service mode, and the autonomous driving R&D service has received a large order. In December 2023, it successfully obtained the Amphiman 3000 fixed-point from Changan Automobile to support its new car platform for a series of models, and it is expected to be mass-produced in 2024.

However, Zongmu Technology is still at a loss.

From 2021 to 2023, the net losses of Zongmu Technology were 434 million yuan, 588 million yuan and 564 million yuan respectively, and the adjusted net losses were 382 million yuan, 477 million yuan and 516 million yuan respectively.The total net loss for three years exceeded 1.3 billion yuan.
Of course, Zongmu Technology also has an explanation for this persistent loss.Even similar to the contents in the prospectus required for listing in science and technology innovation board in 2022, the chip is too expensive.
According to Zongmu Technology,With the overcapacity of global chips, this adverse impact on costs will be significantly reduced in the future. After all, whether it is hardware upgrade or solution iteration, the core need is computing power..
02
High-profile financing, multiple IPOs
Zongmu technology has always been highly anticipated by the capital market.
In the latest shareholding structure, Hong Kong Zongmu is the largest shareholder of the company, holding 22.17% of the shares. As a concerted action, Tang Rui and his mother Li Xiaoling control 33.3% of the shares of the company through multiple entities. In addition, Junlian Capital holds 7.55% of the shares as the second largest shareholder, while Xiaomi Group, which has received much attention, ranks the fifth largest shareholder with 4.73% of the shares.

The earliest round of financing record of Zongmu Technology occurred in 2015. In the previous year, in 2014, Mobileye, the world’s largest ADAS manufacturer, landed on the New York Stock Exchange, which means that the track of ADAS has been verified and opened a financing channel for Zongmu Technology, which is on the same track.
In June, 2021, Zongmu Technology announced the formal completion of Series D financing with a cumulative amount of $190 million.. Among them, the D3 round was led by Xiaomi Changjiang Industrial Fund, and the investors included Fosun Chuangfu, Langtai Capital, Shanghai Kechuang, Industrial Bank, strategic investors Changan Automobile and Coboda Investment.
Zongmu Technology completed 9 rounds of financing before IPO, and the accumulated subscription amount reached 2.247 billion yuan. Among them, in the E round of financing in March 2022, Zongmu Technology raised 867 million yuan at the subscription price of 93.56 yuan/share, and the company’s valuation exceeded 9 billion yuan.
However, the financing journey of Zongmu Technology is always interrupted for various reasons..
Zongmu used to be very close to listing. On January 19th, 2017, Zongmu Technology was approved to be listed on the National Small and Medium Enterprise Share Transfer System (NEEQ) with the stock code of 870816. However, "considering the business strategy and compliance cost at that time, we adjusted the future development strategy". Less than one year later, Zongmu Technology completed the termination of listing on December 11th, 2017.
The vigorous Shanghai Stock Exchange in 2022 has almost become a reality. However, in the end, due to the development strategy and other reasons, Zongmu Technology voluntarily withdrew its previous A-share listing application, and the withdrawal was officially accepted on September 27, 2023.
In the meantime,There is also news from the pulse that Zongmu Technology has a saying that the salary of fresh graduates will be reduced by 20%.

It may be that the road to listing is not smooth and the top management has fluctuated.In February 2024,CTO Wang Fan joined Beidou Zhilian, and Wang Fan was one of the four core executives of Zongmu Technology. He started to build the Beijing Autopilot R&D Center, and completed the research and development of AVP1.0 in Zongmu Technology in 2017.
Fortunately, the new employee was the original team, and he was replaced by Jiang Weiping. He joined Zongmu Technology as early as 2013, and had previously worked in CSR Semiconductor Company and NVIDIA. Later, he left Zongmu Technology due to infighting and did not return to Zongmu until the end of 2022.
03
Go to the new track
On the premise that the APA market is saturated, Zongmu Technology tries to go further to the charging robot track.
In 2023, nearly 65% of Zongmu Technology’s revenue sources are car gauge sensors. Compared with technology companies, Zongmu Technology is more like a manufacturing enterprise. This may come from another manufacturing attribute of the founder, Tang Rui, CEO, who also founded Can Cong Robot.
In the official LinkedIn,The latest position of Zongmu Technology is the on-site operation and maintenance engineer of intelligent energy storage charging robot, and some positions are in Ningbo, mainly in Shanghai.

In late January of this year, Zongmu Technology and Can Cong Science and Technology launched the charging treasure in the automatic driving field and the low-speed fully automatic driving charging robot FlashBot. According to the prospectus,The first generation of FlashBot is equipped with 104 kWh storage capacity, which is one of the robots with the highest storage capacity among all L4-class self-driving energy service robots developed in the world.
Tang Rui said, "Can Cong robots are building a highly flexible mobile energy network to promote energy trading in a larger space-time range." At the application level, the most intuitive embodiment is to save electricity and money.
In December last year, two Flashbot were put into commercial operation in Zhangjiang Park, and an average of 272 kwh of electricity was purchased from the local microgrid every day, of which 185 kwh was sold back to the microgrid, and 87.5 kwh was used to provide charging service for new energy vehicles, with an average daily cycle of 2.6 times, which brought more than 12,000 yuan in income in that month, that is, the average daily net income of each device was close to that of 200 yuan.
Before the robot officially appeared, Zongmu Technology had actually been laying out its energy business.Zongmu Technology has also designed a set of SaaS software and a DragonNet program to maintain on-site operation. If the charging robot of Zongmu Technology can be commercialized, it may make some changes in the charging pile scene.
According to the data in the prospectus, from 2021 to 2023, the sales revenue of Zongmu Technology from wireless charging equipment and accessories for new energy vehicles was 129,000 yuan, 11.357 million yuan and 437,000 yuan respectively.
In addition, as an "external charging treasure" loaded with sensors, Flashbot is also a part of the flywheel that I hope to build. The energy service robot conducts algorithm training in different driving cases, and then gives data support to the ADAS car-level hardware.
Looking at the highlights of this reorganization of business, Zongmu Technology began to break through into more subdivided markets, and may be able to complete the listing more lightly. At that time, it will be the third listed company in the Xiaomi automobile industry chain after Sagitar and Hesai.

-END-

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At the beginning of April, the official map of Geely Bo Yue COOL interior was opened for pre-sale.

  [Official map of new car in car home] On March 29th, we obtained the official map of (|)COOL interior from Geely. According to the previous information, new cars will arrive at dealers in various places in early April, and pre-sales will be started simultaneously. The car will provide four exterior colors: oxygen white, nitrogen blue, hydrogen green and titanium gray, as well as two color matching interiors: black gray and beige. In the future, with the launch of new cars, it will enrich the product sequence of Bo Yue family, and further increase the brand sales performance and consumer choice space.

Home of the car

Home of the car

Home of the car

Home of the car

  In terms of interior, the new car adopts a vertical 13.2-inch central control screen (resolution of 1440×1920), with a dual-spoke multi-function steering wheel, a narrow-strip LCD instrument and a brand-new shift lever, which makes the car look very young and scientific. At the same time, according to the official, the car will be equipped with Qualcomm Snapdragon 8155 car chip (with 16G memory +128G storage, 7nm process and 8-core CPU), Galaxy OS Air intelligent car system (supported by V01 voice dedicated chip, which can realize 0.4s voice wake-up speed) and so on.

Home of the car

  In terms of safety configuration, the car will be equipped with L2 intelligent driving assistance system, including 13 driving assistance functions such as ICC intelligent navigation, AEB-P pedestrian identification protection and ELKA emergency lane keeping assistance, and equipped with FACE ID facial recognition. Subsequent OTA can also realize high-level functions such as brushing the face to start the engine and automatically adjusting the seat position and car preferences. At the same time, the car will also be equipped with Bosch 9.3 ESP body stability control system as standard.

Home of the car

Home of the car

  In terms of appearance, the overall shape of Bo Yue COOL follows the design aesthetic gene of Geely’s "Starburst Vision" and creates a brand-new "digital corner" aesthetics with high overall recognition. Specifically, the front grille of the car adopts an angular diffusion shape, and the interior is decorated with radial elements. With a three-stage air intake and a number of ribs raised by the engine, it improves the recognition and creates a good sense of muscle.

Home of the car

Home of the car

Home of the car

  From the side of the car body, the car uses an angular waistline with five-spoke wheels to create a good sense of fashion. At the same time, the car will also be equipped with a large panoramic skylight, which is expected to provide good lighting and visual transparency to the car. On the tail side, Bo Yue COOL adopts a penetrating taillight group, and Y-shaped elements are added on both sides for embellishment, which is full of movement with the exhaust layout and exaggerated diffuser on both sides below.

Home of the car

Home of the car

  In terms of body size, the length, width and height of the new car are 4510/1865/1650mm and the wheelbase is 2701mm respectively. In terms of power, the new car is equipped with a brand-new Geely Jinqiang 1.5TD four-cylinder direct injection engine with a maximum power of 133kW and a maximum torque of 290 N m. In terms of transmission, it is matched with a 7-speed wet dual-clutch gearbox. At the same time, according to the official, the car takes only 7.9 seconds after 0-100km/ h. For more information about the new car, we will continue to pay attention. (Text/car home Zhouyi)

Many millions of online celebrity in Liangshan, Sichuan were sentenced.

Tumen public security traffic police network security bureau of the Ministry of Public Security

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On December 28th, the People’s Court of Zhaojue County in Liangshan, Sichuan Province pronounced in the first instance that nine people, including Zhang, the legal representative of online celebrity Company, Zhao (Zhao Linger), and Ari Moumou (Qubu), were sentenced to fixed-term imprisonment ranging from 8 months to 3 years and 2 months respectively.

In August, 2022, the video of Zhao Linger and Qu Bu’s "encounter" quickly became popular on the Internet, and the number of fans in their accounts exceeded 2 million. Since then, the two began to broadcast the road with goods frequently, opening a "beautiful story" that seems to be full of positive energy to help farmers and start businesses.

However, behind this lies a gray industrial chain of counterfeiting and selling fake products, which creates a false artificial incubation online celebrity, shoots videos by compiling plots, and then realizes the supply flow of back-end agricultural products.

On September 20th, 2023, a press conference was held in Liangshan Prefecture, Sichuan Province, to report the case of online celebrity live broadcast with goods as the main representative team, which was the first case of "online celebrity economy" chaos uncovered by Liangshan police.

Under the banner of "helping farmers" and "high-quality original ecology", the team sold counterfeit Daliangshan agricultural special products to more than 20 provinces across the country, with sales exceeding 10 million.

In just a few months, Zhang, the boss of the online celebrity company behind the team, illegally earned more than 3 million yuan, and the illegal income of the two anchors was more than 700,000 yuan.

In July 2023, Zhang and other suspects were arrested on suspicion of counterfeiting registered trademarks and false advertising.

Original title: "More than one million online celebrity in Liangshan, Sichuan was sentenced"

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