Adaptability test of Bai Lian cheng gang Chang ‘an Auchan in alpine environment

Why did you come here for a cold test?

Home of the car

Home of the car

What does the alpine test measure?

  The cold test includes many aspects such as the exterior, interior, driving state and working condition of the vehicle, but the most intuitive aspects for users are cold start, defrosting, defogging, interior heating and driving experience.

  Let’s talk about cold start first. First, the vehicle should stand outdoors for more than 12 hours at the lowest temperature of -30 to -35 degrees Celsius. According to the testers, the test process is fixed, and they have to adjust their work and rest time according to the temperature change, usually starting work at 5-7 am. Because this time period is the coldest, it meets the test requirements. Now Mohe is just dawn at about 8 am.

 Changan Automobile Auchan 2016 1.5L Manual Luxury Model

  In the cold start project, there are two dimensions to measure the results. The first is the start-up time (within 10 seconds, it is up to standard), and the second is whether it can be successfully started at one time. After both of them meet the standards, only one set of tests has been completed, and only three sets have to be completed continuously to be qualified. It is reported that there is no problem. In the case of -35 degrees Celsius, the startup time is about 4 seconds.

Changan Automobile Auchan 2016 1.5L Manual Luxury Model

Changan Automobile Auchan 2016 1.5L Manual Luxury Model

  For users in cold areas, the speed of vehicle defrosting and defogging is also very important. There are also two aspects to measure this project, namely, the time spent on defrosting and defogging and the corresponding area. Testers will collect and record data for these two aspects one by one. In addition, a comprehensive evaluation should be made based on the subjective feelings of drivers and passengers.

  In addition to defrosting and defogging, the effect of air conditioning will be verified, and the tester will record the temperature of the air outlet and the temperature near the headrest. They also said that, for example, the lower air outlet of the foot should have the same air outlet, and one foot should not be cold and the other foot should be hot. It is reported that in the weather like Mohe, the water temperature of the engine can rise to about 70 degrees in about 5-6 minutes when the vehicle is idling after starting, and warm air is blown out at the air outlet.

Changan Automobile Auchan 2016 1.5L Manual Luxury Model

  Whether electronic components can work normally in low temperature environment is also the focus of staff testing. Auchan comes standard with an instrument panel with LCD screen, which is rare in the same model. As shown on the screen, the current outdoor temperature is -18 degrees Celsius, and the instrument information is all normal. The staff introduced that in the case of -30 degrees Celsius, when the vehicle just started and the water temperature was low, there would be a slight smear phenomenon when the big numbers on the dashboard changed, but this situation did not exist after the water temperature rose. There is no such situation on the screen of the sound system next to it. It can be displayed normally at any time, and the system responds quickly.

Changan Automobile Auchan 2016 1.5L Manual Luxury Model

Changan Automobile Auchan 2016 1.5L Manual Luxury Model

Changan Automobile Auchan 2016 1.5L Manual Luxury Model

  Road verification is also an indispensable part of every day, and the staff will drive vehicles to crawl at low speed and test urban roads, national highways and highways every day. On the way, acceleration and braking tests will be carried out according to road conditions to simulate normal driving habits. The speed range covers 0-120km/h, and the temperature ranges from 0 to -35 degrees Celsius. And according to the temperature change of 5 degrees Celsius as a calibration to collect data. At the same time, it is necessary to analyze the driver’s own subjective feelings to find out the potential problems that may exist in the vehicle.

Changan Automobile Auchan 2016 1.5L Manual Luxury Model

● Summary:

  The "three highs" test is mainly aimed at verifying the reliability of products, and Auchan has withstood the test in these aspects. It is not difficult to see from the "three highs" test learned this time that vehicle engineers are engaged in the same boring work day after day because of their fixed workflow and specifications and harsh environment. And all this is to truly simulate the car use of local users and ensure that vehicles can be used normally in any state. As the saying goes, it takes a lot of tempering to become steel.

  The process and specifications of the "Three High" test involve the business secrets of the manufacturers, especially the data information, so they naturally don’t want to disclose it to me as an outsider. Secondly, the time for participation is very tight, and the information that can be learned is limited. Therefore, this article can only be written from the perspective of personal feelings. However, Auchan is about to be officially listed, and these boring experiments may not be as attractive as the test drive. As for Auchan’s performance in power and control, we will present you with wonderful test drive articles at the end of the month. (Text/Photo/Photo by Liu Wei)

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A new model of cross-border cooperation AITO asks the community to create China’s intellectual "acceleration"

    Recently, a group of people in Chongqing Sailisi Liangjiang Smart Factory are witnessing an important moment.

    Jiang Duntao, Vice Mayor of Chongqing Municipal People’s Government, Zhang Xinghai, Chairman (founder) of Celesys Group, Yu Chengdong, Managing Director of Huawei, BU CEO of Terminal, CEO of Smart Car Solution, and representatives of owners and suppliers of AITO, witnessed the 100,000 th production car of AITO.

    AITO asked the world to produce more than 100,000 cars, and it only took 15 months to become the fastest new energy vehicle brand to reach this milestone.

    At the off-line ceremony of mass production vehicles, Zhang Xinghai, chairman (founder) of Celeste Group, said: "Both parties (Celeste and Huawei) will give full play to their respective advantages and cooperate in core technologies, products and channels to create the head brand of smart electric vehicles in China."

   Creating an industry record, AITO asked the world to run out of mass production "acceleration"

    100,000 units, which is an extremely memorable number. Creating the fastest mass production speed in the smart car industry is the result of "1+1>2" cooperation between Huawei and Cyrus.

    "AITO has reached 100,000 vehicles off the assembly line in 15 months, achieving a breakthrough of 0 to 1, marking the recognition and trust of users and verifying the success of the smart car selection model." Yu Chengdong, managing director of Huawei, CEO of terminal BG and CEO of smart car solution BU, said.

    Since the beginning of joint business cooperation in 2021, Celestial Auto and Huawei have jointly designed a "smart car selection" model, which has created an industry precedent for cross-border cooperation between new energy auto companies and ICT technology companies. Cross-border cooperation is rapidly releasing the growth momentum of China’s new energy automobile industry.

    Celeste Automobile is responsible for the research and development of new cars, intelligent manufacturing, service and creating a pleasant car experience in the whole life cycle. As an important integrator of software products in Celeste automobile industry chain, Huawei has empowered itself through core software and hardware technologies such as electrification and intelligent parts, and the two sides have complementary advantages and win-win integration, which has jointly created a leap of 100,000.

    AITO asked the world to run out of the "acceleration" of mass production of new energy vehicles, relying on the powerful intelligent manufacturing strength of new energy automobile enterprises in China. Relying on the quality strategy of Celis automobile products, AITO has not only achieved rapid off-line production, but also met the requirements of high standards in quality.

    In the Sailisi Liangjiang Smart Factory, which is built according to the industrial 4.0 standard, there are over 1,000 robots working together in the workshops of stamping, welding, painting and final assembly to realize highly automated production. Among them, 100% automation of key processes is realized, and 24-hour full-time online inspection is realized, which effectively reduces the labor cost and makes the manufacturing accuracy and product quality reach the first-class level.

    In Sailisi Vehicle Testing Center, AITO vehicles have to pass the tests and verifications of various cabin platforms during vehicle development, such as vehicle noise, vibration and acoustic vibration tests, high and low temperature environment cabin tests, etc. In the road test, there are many tests such as acceleration, braking, stable operation, three high and one wet (high temperature, high humidity, high corrosion and rainy) environment test and ADAS advanced driver assistance system test, which make full use of automation and big data to protect product quality in every link of R&D and mass production.

    Cyrus and Huawei cooperated deeply, and 100,000 production cars were rolled off the assembly line in just 15 months, which fully reflected the control of users’ needs by both parties. Supported by the advanced manufacturing system, it has brought strong product competitiveness.

    AITO has many bright spots in its products. Take Wujie M5 Intelligent Driving Edition as an example. It is not only equipped with Celeste DE-i super electric driving intelligent technology platform, but also equipped with an overhead laser radar, three millimeter-wave radars, eleven high-definition cameras and twelve ultrasonic radars, so as to realize a high-order intelligent driving experience close to L3.

   Create an industry model, and technology+manufacturing promote industrial innovation.

    At present, the automobile industry is undergoing profound historical changes.

    Intelligent automobile is becoming a trend. On the one hand, just like smart phones replacing function machines, intelligent new energy vehicles will become the mainstream in the future automobile industry. On the other hand, the car has also changed from a simple means of transportation to a third space that integrates entertainment, leisure, office and transportation.

    In the process of such transformation, new requirements have been put forward for the automobile industry.

    First, the integration of technology industry and automobile industry is moving from behind the scenes to the front, and the industrial leap is increasingly showing a trend of integration. With the gradual emergence of this trend, the combination of technology enterprises and automobile enterprises has begun to provide more possibilities for the industrial upgrading of China automobile manufacturing.

    Second, the automobile industry is entering the era of "software-defined" cars. In the new stage of development, professional people are needed to do professional things. Only companies that are good at software and hardware cross-border cooperation and deep integration, and give full play to the longboard effect, can we truly create high-quality automobile products that meet the needs of users.

    The cooperation between Huawei and Cyrus actually represents that the integration of technology and manufacturing is gradually deepening. With the continuous growth of R&D investment and the continuous accumulation of core technologies, with the strong alliance between Celestial Automobile and Huawei, AITO will continue to advance in the accumulation of key technologies and high-end product experience, providing users with smarter and more efficient travel solutions.

    From the perspective of industrial change, the integration of top manufacturing and top technology is pushing China manufacturing into a new stage of development.

    In the past development process, the automobile industry has realized the leap of intelligent manufacturing and quality automation. At the same time, China automobile manufacturing has also achieved the transition from auto parts, to complete vehicles, to intelligent electric vehicles. The next step is to continuously lead the development of the industry through technological innovation.

    Nowadays, China automobile manufacturing also leads the world in the field of innovation, and China automobile industry is running out of the development acceleration.

    For example, in terms of innovation, AITO pioneered the GOD(General Obstacle Detection) network in the industry, which can identify alien objects outside the white list of general obstacles; Combined with the road topology inference network, it is the first to realize the high-speed and high-order intelligent driving function in urban areas without relying on high-precision maps.

    Sailis will continue to increase investment and long-term cultivation on the marathon track of innovation, build technical confidence with innovation, and continue to build integrated R&D capability of software and hardware including "full-stack self-research+system integration" to create a powerful, comfortable and convenient product experience for users. Celestial’s business goal is to achieve the production and sales of 1 million new energy vehicles in 2026. For new products, Celestial will continue to invest in new technologies, new materials and new processes, while Huawei terminals will empower new products in terms of intelligence, digitalization and user experience through HarmonyOS system.

    "Sailisi always pursues long-term sustainable and healthy development under the guidance of the development principle of’ persisting in innovation-driven, persisting in long-term, persisting in commercial success’." Zhang Xinghai, chairman (founder) of Celeste Group, said, "In the future, the joint business cooperation between Celeste and Huawei will be deeper and closer, which will promote the transition from 1 to N in AITO, bringing more value to industries, users and markets."

Huawei Pure Blood HarmonyOS is here! It is expected to be officially commercialized in the fourth quarter

According to Cailian News, at the Huawei Developers Conference held today, HarmonyOS NEXT launched a Beta version for developers, and Huawei Mate 60 series, Mate X5, MatePad Pro 13.2-inch and other devices were upgraded on the same day. It is expected that the Beta upgrade will be launched for consumers in August 2024, and the official version will be launched with the launch of Mate70 series in the fourth quarter.

In addition, Huawei Cloud released Pangu Model 5.0 at the meeting, including different parameter scales such as one billion, ten billion, one hundred billion and one trillion.

It is worth mentioning that Huawei Cloud also released a large model of Pangu’s intelligent body, and demonstrated the Kuafu humanoid robot in cooperation with Leju Robot on the spot, and completed interactive demonstrations such as object identification, question-and-answer interaction, high-five, and water delivery.

Pure blood HarmonyOS has achieved full-stack self-research

At the Huawei Developer Conference, Yu Chengdong, managing director of Huawei and chairman of terminal BG, said,Pure blood HarmonyOS realizes full-stack self-research from the inside out.. "HarmonyOS is a full-scenario intelligent operating system based on Open Harmony, which is an autonomous and controllable operating system from China."

At present,There are more than 900 million ecological devices in HarmonyOS, and the number of Harmony OS developers has reached 2.54 million.. Yu Chengdong revealed that shipments of Pura 70 series increased by 68% from January to May in 2014, and shipments of flagship mobile phones increased by 72%.

Up to now, the first 5,000 APPs have been added to HarmonyOS Eco, and 1,500+apps have been put on the shelves. Yu Chengdong specially thanked mainstream app manufacturers such as Tik Tok, Meituan and Nail.

At the meeting, mPaaS, an ant math department, also announced the progress of three-way co-construction of HarmonyOS Ecology: more than 200 apps including Huaxia Bank, Guangfa Bank, PetroChina and China Mobile started the HarmonyOS development test. It is reported that Ant mPaaS is a mobile development platform under several branches, which has been fully adapted to more than 100 SDK in HarmonyOS.

The science and technology innovation board Journal learned that Zhongtai Securities also pushed its mobile App, Taiqi Futong, to complete the first batch of native application development in HarmonyOS, and launched it in the "HarmonyOS Pioneer Application Zone" in Huawei’s application market. According to the person in charge of the Zhongtai Qifutong team, the post-construction of the HarmonyOS Edition project will realize the optimization of four functions, including the coverage of basic services, the customization of personalized functions of customers, the integrated display of account information and the deep adaptation of HarmonyOS’s characteristic functions.

However, some people related to the industrial chain expressed concern about the ecological construction after HarmonyOS completely separated from Android. “Some overseas apps may not work on pure blood HarmonyOS, including some minority apps. After completely leaving Android, it is impossible for all apps to support HarmonyOS.So there is still a long way to go. However, it remains to be seen how HarmonyOS will advance overseas and how well it will be accepted by consumers. "

Pangu Big Model 5.0 was released to show the interaction of humanoid robots.

Pangu Big Model 5.0 was released today, including models with different parameters and specifications. Among them, Pangu E series with billions of parameters can support smart applications such as mobile phones and PCs. Pangu P series with tens of billions of parameters is suitable for reasoning scenarios with low delay and low cost; Pangu series with hundreds of billions of parameters is suitable for dealing with complex reasoning and can become the base of general enterprise model; Pangu S series super-large model with trillions of parameters is a super-large model to deal with cross-domain multi-tasks

In the past year, the Pangu Grand Model has landed in more than 30 industries and more than 400 scenes, including government affairs, finance, manufacturing, pharmaceutical research and development, coal mines, steel, railways, autonomous driving, industrial design, architectural design, meteorology and other fields.

At the meeting, Huawei Cloud released Pangu’s intelligent model, which supports robots to complete more than 10 steps of task planning, and realizes multi-scene generalization and multi-task processing in task execution. Pangu big model can also generate training videos that robots need.

Zhang Pingan had a dialogue and interaction with the humanoid robot at the scene, and finished high-fiving, handing water and other actions.

The science and technology innovation board Journal reporter learned that Huawei Cloud is cooperating with Leju Robot, and Leng Xiaokun, chairman of Leju Robot, told the reporter,Huawei Cloud and Leju signed a strategic cooperation at the beginning of the year.And jointly explore that application of Pangu big model+Kuafu humanoid robot,The two sides will advance simultaneously in the two major scenes of industry and family..

Zhang Pingan said that apart from humanoid robots, Pangu’s intelligent model can also be used for various forms of industrial robots and service robots, so that they can help human beings to engage in dangerous and arduous work.

"As everyone expected, let AI robots help us to wash clothes, cook and sweep the floor, so that we can have more time to read books, write poems and paint." Zhang Pingan said.

Original title:Huawei Pure Blood HarmonyOS is here! It is expected to be officially commercialized in the fourth quarter

How do Sylphy and LaVida choose your ideal car?

In the compact car market, Nissan and Volkswagen have always been the hot models concerned by consumers. These two cars have their own advantages, both in design, interior style, power performance and market reputation. So, for you who are considering buying an oil car, how should you choose? This paper will make a comparative analysis of Sylphy and LaVida from many angles to help you make wise decisions.

Price and car purchase cost

Price is undoubtedly one of the most concerned factors when consumers buy a car. According to the latest market data, the price range of 2024 Nissan Sylphy is 68.6-13.49 million yuan, while the price range of 2024 Volkswagen LaVida is 49.0-99.9 million yuan. From the price range, LaVida’s starting price is lower, which is more attractive to consumers with limited budget. In particular, the price of LaVida’s entry-level models has dropped to more than 60,000 yuan, which is very rare in the same class. However, it is worth noting that Sylphy often has a large preferential margin in actual sales, and some dealers even offer preferential loan activities and trade-in subsidies, which further reduces its actual car purchase cost.

Appearance design and style

In terms of design, Sylphy and LaVida both show their own unique styles. Xuanyi continues the classic elements of family style, with full machine cover, compact body lines and a large area of blackened net, creating a strong sense of muscle and sports. LaVida, on the other hand, uses a straight waterfall chrome trim and a sharp headlight group, which is simple without losing the sense of strength. On the side of the car body, LaVida’s waistline runs through the car body, adding a sense of movement to the whole car. In the rear part, both cars adopt the design language of their own brands, showing different visual effects. Judging from the overall feeling of appearance, Xuanyi is younger and more sporty, suitable for young consumers who pursue fashion and dynamic; LaVida, on the other hand, is more stable and atmospheric, suitable for home users who pay attention to quality and practicality.

Interior design and configuration

Entering the car, Sylphy and LaVida also have their own advantages in interior design. Sylphy’s interior is similar to the current model. The center console and door panel are wrapped in large leather, equipped with self-luminous 7-inch instrument panel, 12.3-inch central control screen and three steering wheels. The overall style is biased towards home use. LaVida, on the other hand, adopts a symmetrical layout style, with clear functional divisions and convenient operation. Some areas are wrapped with soft materials, matched with stitching and punching technology, which improves the texture of the interior. In addition, LaVida also comes standard with an 8-inch full LCD instrument and an 8-inch central control panel (10.25 inches and 12 inches for high-profile models), and is equipped with MOS intelligent interconnection system and other functions. LaVida is slightly superior in the sense of luxury and technology in the interior. However, Sylphy’s seat design is more generous and comfortable, providing passengers with a better ride experience.

Power performance and fuel economy

In terms of power, Sylphy is equipped with a 1.6L naturally aspirated engine with a maximum power of 90kW(122 HP) and a maximum torque of 155N·m, matching the CVT continuously variable gearbox. LaVida offers 1.5L and 1.5T power versions for consumers to choose from. Among them, the 1.5L naturally aspirated engine has a maximum power of 81kW(110 HP) and a peak torque of 141N·m, matching a 6-speed automatic manual transmission. The 1.5T engine has higher power output. From the perspective of dynamic performance, Sylphy’s accelerated ride comfort and fuel economy are more suitable for urban commuting and home transportation; LaVida’s 1.5T version is more suitable for consumers who have higher requirements for power. However, it should be noted that the 1.5L version of LaVida is slightly inferior to the 1.6L version of Sylphy in power. In terms of fuel economy, both cars have performed quite well. The comprehensive fuel consumption of the Ministry of Industry and Information Technology of Sylphy is between 4.9 and 6.1L/100 km, while the comprehensive fuel consumption of the WLTC of LaVida is only 5.92L/100km(1.5L version).

Market feedback and word of mouth

Sylphy and LaVida, as popular models in the market, have received extensive attention and praise. Many car owners think that Xuanyi’s exterior design is fashionable and dynamic, the interior is comfortable and practical, and the fuel economy is excellent; LaVida, on the other hand, has won the trust of consumers with its stable and atmospheric appearance, exquisite craftsmanship and reliable quality. In addition, the two models have also performed well in terms of safety, and they are equipped with a number of active and passive safety configurations to ensure the safety of drivers and passengers. According to the statistics of the User Behavior Research Institute of Cheping.com, Sylphy won the title of the best word-of-mouth vehicle in the 2023 [Car Review List], and its positive word-of-mouth index reached 9052 points. LaVida also won a good reputation in the market with its balanced performance and excellent cost performance.

Flash delivery plans to go public in the United States: Last year, the revenue of 4.5 billion yuan has turned losses, and the average income of a single order has dropped to less than 17 yuan.

Ten years after its establishment, Flash plans to go public in the United States.

According to the official website of the US Securities and Exchange Commission (SEC), on September 13th, BingExLimited (stock code: "FLX") submitted a prospectus to be listed on NASDAQ, with China International Finance Corporation, CLSA, Deutsche Bank and UBS Investment Bank as underwriters.

Since its commercial operation in 2014, as of June 30, 2024, Flash Transport has about 2.7 million registered riders, and its service coverage has expanded to 295 cities in China.

According to the data of the third party iResearch, according to the revenue in 2023, Flash Delivery is the largest independent express delivery service provider in China, with a market share of about 33.9%. According to the prospectus, unit economic benefit and replicable network are the core competitive advantages of Flash, which enables the company to continuously expand its scale and order volume and improve its profitability.

Xue Peng, the founder of Flash, is a veteran in the logistics industry. He has been the CEO since the establishment of the company and has been a director since May 2014. Before the establishment of Flash Delivery, China Express Logistics Integrated Service Platform Easy Post was established and developed. Yu Hongjian, co-founder, director and CEO of Flash, is Xue Peng’s old partner. He worked with Xue Peng for many years before he founded Flash.

According to the prospectus, before the IPO, Xue Peng held 22.7% equity and 74.6% voting rights; Yu Hongjian holds 1.6% equity and 0.5% voting rights. Among institutional shareholders, SIG, CDH Venture Capital and Shun Wei Capital hold 9.7%, 8.9% and 7.8% respectively. They have 3.2%, 2.9% and 2.6% voting rights respectively.  

According to Tianyancha, Flash has gone through more than ten rounds of financing since its establishment ten years ago. The latest round of financing was completed in 2021. According to the prospectus, in March, April and May of 2021, Flash received 747.8 million yuan from the D-2 round of financing.

In 2023, it turned losses into profits, and the annual gross profit margin increased year by year, but it was less than 10%.

As a one-to-one express delivery platform in the instant delivery industry in the same city, Flash delivery is a pioneer in the instant delivery industry in the same city, providing various exclusive services for different types of delivery for customers, and the share of Flash delivery is the largest according to the revenue in 2023. 

Compared with other real-time delivery platforms, flash delivery once said that its biggest feature is focusing on "one-to-one express delivery", which means that a flash operator is responsible for the whole service process from picking up items from the sender to delivering them to the recipient, and a flash operator can only take one order at a time, and will not take other orders until the current order ends. For this reason, many users tend to choose more respectful exclusive services when faced with the delivery needs of important items such as gifts.

According to the prospectus, it is estimated that from 2023 to 2028, the independent on-demand express delivery market in China will grow at a compound annual growth rate of 27.8%, exceeding the compound annual growth rate of 19.1% of the overall on-demand delivery market in China. By 2028, the overall on-demand distribution market in China will increase to 809.6 billion yuan, and the independent on-demand express delivery market in China will increase to 53.237 billion yuan.

However, at present, the competition in the instant delivery industry in the same city is fierce, and SF Express in the same city, Meituan Delivery in the takeaway department and Dada Group in the e-commerce department are all accelerating to seize the market.

Dada Group (Nasdaq: DADA) was listed on NASDAQ Exchange on June 5, 2020. SF City (9699.HK) was listed on the Hong Kong Stock Exchange in December 2021. Among them, the "first instant retail share" Dada Group has not yet achieved profitability. As the largest third-party instant delivery service in China, Shunfeng Tongcheng started to exert its strength. In 2023, its revenue reached 12.4 billion yuan, an increase of over 20%, and it achieved full-year profit for the first time. In the first half of this year, the income was nearly 6.88 billion yuan, a year-on-year increase of 19.6%; The net profit attributable to the owners of the company reached a record high of about 62.17 million yuan, up 105.1% year-on-year. It is worth noting that after landing in the capital market, the share price of Dada Group has fallen by over 90% compared with the issue price, and the share price of Shunfeng City has fallen by over 30%.

The prospectus shows that the flash has achieved profitability in 2023. The increase in customer demand has promoted higher order volume, and the growing number of riders has enhanced network density and delivery capacity, which has brought about organic growth in customer base and order volume.

Specifically, in the past three years, the revenue of flash delivery was 3.04 billion yuan, 4.003 billion yuan and 4.529 billion yuan respectively, of which 2022 and 2023 increased by 31.6% and 13.1% respectively. In the first half of this year, the revenue from flash transmission was 2.285 billion yuan, a year-on-year increase of 7.6%. 

In the past three years, the net profit was-291 million yuan,-180 million yuan and 110.5 million yuan respectively, of which the year-on-year loss was reduced by 38.1% in 2022, and it turned losses into profits in 2023. In the first half of this year, the net profit was 123.7 million yuan, a year-on-year increase of nearly two times. In 2023, the net profit rate was 2.4% and the net loss rate was 4.5%. The net profit rate in the first half of this year was 5.4%, compared with 2% in the same period last year. 

The prospectus pointed out that the realization of profit in 2023 was mainly due to the increase in government subsidies determined by relevant government departments as appropriate.

In the past three years, the gross profit margin has increased year by year, 6.2%, 6.5% and 8.7% respectively. The gross profit margin in the first half of this year was 11.3%, compared with 8.6% in the same period last year.

The average charge for flash delivery is 16.5 yuan per order: the income is declining year by year, which is obviously higher than that of peers.

According to the prospectus, all the income from flash delivery comes from the fees charged for providing on-demand express delivery services to customers. Flash delivery provides a unified pricing model, and the floating rate of each order is calculated according to the formulas of city, delivery distance, package weight and volume, and night surcharge. If the supply is insufficient due to bad weather or other reasons, the "peak price" may be adopted.

According to reports, the flash network mainly recruits riders through crowdsourcing mode, most of them are crowdsourcing individuals, and a small number of them are recruited from outsourcing distribution agencies in a few cities. After back training, riders become flash riders. According to the prospectus, with high-value services and crowdsourcing mode, we can maintain the light asset business model, reduce fixed costs and maintain high scalability, and quickly enter more cities.

Specifically, the number of registered flash riders increased from about 1.1 million in early 2021 to about 2.7 million on June 30, 2024. The number of registered customers increased from about 31.1 million in early 2021 to about 88.9 million on June 30, 2024. In addition, the number of daily orders for each active rider increased from 7.2 orders in 2021 to 8 orders in 2022, and further increased to 8.8 orders in 2023 and 9.3 orders in the six months to June 30, 2024.

In the past three years, the number of flash orders was 158.6 million, 213.4 million and 270.7 million. In the first half of this year, 138.1 million orders were completed. The corresponding income is 3.04 billion yuan, 4.003 billion yuan, 4.529 billion yuan and 2.285 billion yuan respectively. Based on this calculation, the average income of a single order in the past three years and the first half of this year was 19.2 yuan, 18.8 yuan, 16.7 yuan and 16.5 yuan respectively, showing a downward trend year by year.

It is worth noting that the prospectus quoted the data of the third party iResearch, showing that within six months as of June 30, 2024, Flash delivery can charge a fee at an average price of 16.5 yuan per order, which is significantly higher than that charged by other major participants in the on-demand distribution industry.

However, in terms of risk factors, the prospectus mentioned that although Flash does not intend to compete with aggressive pricing policies that are not conducive to long-term growth, it cannot guarantee that it will not be forced to lower the delivery price of customers, increase the customer incentives we provide or increase our marketing and other expenses to attract and retain customers due to competition, supervision or other reasons, in order to cope with the competitive pressure.

In addition, the salary and reward paid to "Flash Ride" are the largest components of the income cost, accounting for 90.5%, 90.3% and 87.8% of the total income in the past three years, 85.4% in the first half of this year and 87.9% in the same period last year. According to the prospectus, this shows that even in the rapid expansion stage, flash delivery can maintain a stable cost structure in the same period.

As for the growth strategy, the prospectus points out that it plans to continue to expand market share, broaden service scope and application scenarios, strengthen market-leading brand image and invest in advanced and innovative technologies. According to the prospectus, the flash delivery plan improves the penetration rate of the existing market through differentiated distribution services. At present, flashover is still in the early stage of covering the target market, and the geographical coverage of flashover will be extended to more cities in China in the near future. In addition, it plans to use its highly scalable business to expand service products to cover more application scenarios.

China has its own unique advantages in building a network power.

  Editor’s Note: The 5th world internet conference opened in Wuzhen, Zhejiang on November 7th, and the Supreme Leader of president sent a congratulatory letter. The Supreme Leader pointed out that today’s world is experiencing a broader and deeper scientific and technological revolution and industrial transformation.

  Facing the changes and challenges of the global Internet, what kind of answer will China give? The world is looking forward to it..

  In different historical stages of the development of human society, the social production network has been expanding, from one country to many countries, and from many countries to the final globalization. In this process, the social production network has become increasingly complicated in space, between industries and even within products. At the same time, the key content of production network exchange has gradually changed from agricultural products, industrial products and capital flow to data flow and information flow. Economic powers also show different industrial characteristics at different stages: agricultural power, industrial power, trade power and financial power. Under the background of the internet age, information flow and data flow are becoming new means of production, and at the same time, they are becoming more and more important contents of national security, and economic powers will increasingly rely on network powers.

  The world today is experiencing an information revolution, which will bring another qualitative leap in productivity and have a profound impact on the development of international politics, economy, culture, society, ecology and military affairs. China must seize this historical opportunity, and use information flow to drive the flow of technology, capital, talents and materials to promote high-quality economic development. China has its own unique advantages in building a network power.

  China has the advantage of market scale in building a network power.

  The network has the characteristics of increasing marginal revenue. Every time a new user is added to the network, its scale revenue will be greater. China has a population of nearly 1.4 billion, and the existing Internet users and mobile phone users are huge. From children to the elderly, almost everyone can use smart phones. China’s population advantage is a huge supporting force for building a network power, which is an innate condition that many developed countries in the world do not have. There are world-class Internet companies like Ali and Tencent in China, which is inseparable from the huge domestic market in China. Making full use of population advantages and giving full play to the role of population base can make China’s network power construction get twice the result with half the effort and form a huge scale effect on economic development.

  Today’s network era is already different from the traditional free Internet era, and innovations in content and form have spawned various profit models. The network era will not bury anyone’s talent, and every participant can use the network to create wealth. They are both creators and users of Internet services. Therefore, building an all-round cyberspace and expanding the coverage of network infrastructure can make China’s market scale advantage play to the greatest extent in the construction of a network power.

  Building a strong network requires higher talents and infrastructure.

  The characteristics of a network power are as follows: a country has strong technical strength, strong ability to resist network risks and network governance, which can achieve a high level of network efficiency as well as a high level of network security. No matter what stage of social development, talents and infrastructure are two important pillars of building an economic power. The innovation ability of the former depends on the national talent training and incentive system, while the latter depends on the government’s investment, supervision and maintenance of infrastructure. The construction of a network power still needs to rely on the construction of Internet talents and network infrastructure.

  For a micro-enterprise, the Internet is first and foremost a technology-intensive industry, which cannot be supported by first-class technical talents. After more than 20 years of unremitting efforts, China has gained gratifying achievements and rich technical experience and professionals in the field of Internet technology. Since 2003, the number of related patents applied by China has increased by 10% year by year. Stimulated by market demand, a large number of college graduates flock to Internet enterprises after graduation, providing a large number of IT talents for the Internet industry. The younger talent team is more conducive to technological progress and innovation. In 2017, among the top ten Internet companies in the world ranked by market value, China’s Alibaba, Tencent, Baidu and JD.COM occupied four of them. China’s Internet practice and innovation is based on its own national conditions, permeating all aspects of people’s daily life, and basic production and life have been closely linked with intelligent networks. However, although the total resources of Internet science and technology talents in China are large, high-end technical talents are still scarce resources.

  For a country, especially for a big country like China, the construction of a network power has put forward higher requirements for infrastructure. The infrastructure referred to by a network power includes not only telecommunications and Internet infrastructure construction in a narrow sense, but also the interaction between the network economy and the real economy. Network infrastructure also includes network basic theory and core technology, as well as related facilities related to network security. For example, information infrastructure network security protection, network security information co-ordination mechanism, means and platform. "To get rich, build roads first", and network infrastructure is the "highway" in today’s information age.

  The essence of a network power is an information technology power. Network development is supported by technology, and the core technology is the biggest difficulty that restricts China’s construction into a network power. With the core technology, we can have a comparative advantage in technology, from following developed countries to completing "overtaking in corners". The birth of the core technology is to try it out through massive trial and error. This not only requires that the scientific research assessment mechanism should be inclusive and allow researchers to fail; But also put forward higher requirements for the financing mechanism, that is, the financing mechanism should also be inclusive and tolerant of repeated failures in technical research. Therefore, our scientific research assessment mechanism should be reformed, from short-term and high-frequency assessment to longer-term assessment, from quantitative assessment to quality assessment and peer reputation assessment. In addition, for the financing mechanism, it also requires the development of equity financing, the development of multi-level capital markets, and the change of the financing structure mainly relying on bank loans.

  China’s construction of a network power is facing the problem of integration with the real economy

  Undoubtedly, the development of the Internet has played a positive role in promoting economic development, but at the same time, new technologies will have an impact on traditional industries. This "creative destruction" of the network economy has also caused a certain degree of impact on the real economy. For example, the retail service industry tends to weaken under the impact of the Internet. We need to understand this contradiction from two aspects: on the one hand, like other new technologies and new production methods in history, network technology has improved the efficiency of information flow and production, and it is the "cake" of the whole economic output. The distribution problems arising in this process require the state to maintain basic social equity through taxation, subsidies and redistribution; On the other hand, the real economy and the Internet can achieve a benign interaction and achieve a win-win situation for both sides.

  (The author is a researcher at the Institute of World Economics and Politics, Chinese Academy of Social Sciences, and director of the Economic Development Research Office, distinguished professor, City University of Macau)

Guo Fucheng made his first appearance after saying goodbye to his deceased mother, showing up at the racecourse in full spirit and refusing to shake hands for epidemic prevention

In February this year, Guo Fucheng’s 90-year-old mother passed away. The family held a funeral for Guo’s mother in March. Guo Fucheng, his wife Fang Yuan, father-in-law and mother-in-law, and two daughters were all present. The family bid farewell to Guo’s mother. At that time, Guo Fucheng was also photographed crying silently, which was very sad.

However, Guo’s mother was 90 years old after all, and she died in her sleep at home. Xiao Mei, Guo Fucheng’s agent, said that this is a blessing, and relatives are comforted.

After Guo Fucheng completed the funeral, he sent a thank you letter, and then stayed at home with his wife and daughter to avoid the epidemic, which was not photographed by the media.

On March 25th, Guo Fucheng’s horse "Dancer Spirit" competed, and everyone was concerned about whether Chengcheng would bring his wife to the scene to watch the competition as before!

In the past, he would take his wife to watch the race and let Fang Yuan understand the knowledge of horse racing.

The two couples also tried to pull the horse together and were very happy.

In the evening, Guo Fucheng did arrive at the racecourse, but this time he did not see his wife Fang Yuan. This was the first time he had appeared in public after saying goodbye to his mother.

According to reports, Guo Fucheng joined the Jockey Club CEO Ying Jiabai and horse trainer Xiao Fang to enjoy the "dancer spirit" competition!

COVID-19 is raging, and Guo Fucheng has actually been paying attention. Hong Kong media said that he "banned" his wife and daughter from going out, and drove himself to the supermarket to shop and go home. He did not want his wife and daughter to "have an accident".

This night, in order to support his horses, Guo Fucheng still risked appearing at the racecourse to cheer for the sixth competition "Dancer Spirit".

Ying Jiabai, the CEO of the Jockey Club, noticed the appearance of the distinguished guest and immediately stepped forward to greet them. Both celebrities were wearing masks. In order to prevent the epidemic, they temporarily cancelled the handshake etiquette and replaced it with an elbow. The picture was a bit funny.

However, Ying Jiabai wanted to whisper to Guo Fucheng, during which he took the initiative to chat at close range. After Guo Fucheng heard what he said, his eyes immediately became sharp. I wonder if he received good news?

Xiao Fang also went to Guo Fucheng’s side to report the recent performance of the dancer’s spirit. If he won three consecutive victories, Guo Fucheng could take a group photo.

During this period, Guo Fucheng took out his mobile phone to look at it. I wonder if his wife urged him to go home?

However, it was a pity that the hot dancer spirit was eighth, and Guo Fucheng was a little disappointed and soon disappeared into the crowd.

Fan Bingbing pushes Zhang Ziyi to promote new film, director responds to "ban" rumors



Fan Bingbing

Wang Ji


Grid News(Photo/Qian Jia Yiwen/Wang Xiaojuan) On August 14, Zhang Ziyi’s first producer and starring film "Very Perfect" was released nationwide. Director Jin Yimeng and starring Fan Bingbing "Skipped" Zhang Ziyi appeared in Beijing and responded to the "ban" rumors for the first time. That night, actors Wang Ji, Li Xiaolu, Yan Kuan and other directors came to watch the film, and Zhao Baogang, Lu Chuan, Zhang Yibai and other directors also came to join in, which can be called the "director’s field" of "Very Perfect".



"Perfect.Director Jin Yimeng

Director Lu Chuan

Director Zhang Yibai

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Wang Ji, Jin Yimeng and Fan Bingbing


Wang Ji offered three "firsts"

At the press conference, director Jin Yimeng made an appearance with starring Fan Bingbing and Lin Xinru’s "boyfriends" in the film. Actor Wang Ji praised the director’s strength and revealed that she dedicated three precious "firsts" to director Yimeng, hoping to have the opportunity to cooperate again. Fan Bingbing praised the director as a beautiful woman director, and he is destined to cooperate with young beautiful women and handsome directors.

The director responded to the "ban" rumor for the first time

That night, director Jin Yimeng attended the press conference alone with star Fan Bingbing, but Zhang Ziyi, a film producer and star, did not attend. Recently, it was rumored on the Internet that Fan Bingbing was deleted from the Korean version of the poster because he was unhappy and did not want to cooperate with the promotion in Korea. It was further reported that Fan Bingbing and director Jin Yimeng were banned by Zhang Ziyi, so they did not attend the Korean promotion. In this regard, the reporter asked director Jin Yimeng, who said that Zhang Ziyi was a producer and did it himself, which was very difficult. Before seeing this film, the general audience may ignore the director, thinking that the director is not very important. For this arrangement of the early investors, Jin Yimeng said that as long as it is beneficial to the promotion of the film, if there is any need in the future, he will cooperate.



More wonderful pictures on the next page

Di Lizheba makes a beautiful and sweet appearance, and the most beautiful performance is a public cast

Di Lizheba's "The Most Beautiful Performance" poster

Di Lizheba’s "The Most Beautiful Performance" poster

??"The Most Beautiful Performance" exposed the visual poster of actor Di Lizheba on January 14. The hair rolled up reveals a slender swan neck, and a few strands of hair are scattered on the plain and white face. The eyebrows are green and the mountain eyes are cut, and the head is slightly tilted to look at you and smile. The poster of Di Lizheba is gentle and sweet, and it radiates the heartbeat of winter healing.

??2017In 2020, a costume fantasy drama "Three Lives Three Worlds Ten Miles Peach Blossom" went LIVE and set off countless heated discussions. The attention and discussion remained high, which also made Bai Fengjiu, a playful, cute and smart nine-tailed red fox, jump into the hearts of many audiences. Three years later, in 2020, Di Lizheba became Bai Fengjiu again in "Three Lives Three Worlds Pillow Book". From the body to the eyes, emotions to the atmosphere, Di Lizheba interpreted the love-hate entanglement and sadomasochism in the play vividly and unforgettable. In the urban workplace romance drama "Happiness is within reach!", which was broadcast in the same year, Di Lizheba turned into an independent and capable workplace elite – clothing designer, company partner Zhou Fang, domineering and bright characters showed his changeable posture and strong plasticity as an actor. Then successively filmed the historical legend of ancient costumes "Long Song Xing", the urban romance drama "You are my glory", whether it is the tough hot-blooded girl Li Changge, or the popular female star Qiao Jingjing, Di Lizheba can always play well between different roles, giving it unique vitality. Farewell to Gao Wen, who has a wide range of fans of "Carat Lovers", Di Lizheba continues to create more shining wonders on the actor’s road in the name of love.

??The past 2020 has been an unforgettable experience in everyone’s heart. Because of perseverance and bravery, we can move forward through difficulties and setbacks, and we can also welcome hope with laughter and tears. Towards the end of 2020, Sina Entertainment pays tribute to the brave "you" in all walks of life with "The Most Beautiful Performance". What stories about bravery will be brought by excellent actors and directors this time? Please wait for the main film to go online to see it! (Lin Yiwen/Wen)

The strongest Spring Festival gear! Seven days whale swallow 3.30 billion Jackie Chan burst cold counterattack Zhou Xingchi


Abstract:2017 Spring Festival Box OfficeNew highs,With a perfect finish of 3.336 billion yuan,An increase of 8% over last year. The number of moviegoers also reached 88.11 million, a slight increase over 2016. Among them, "Journey to the West to Fighting Demons" swallowed 1.153 billion yuan and became the box office champion of the Spring Festival. "Kung Fu Yoga" 872 million, "572 million" Havoc in Tianzhu "," Riding the Wind and Waves "412 million, ranked second to fourth in this year’s Spring Festival box office rankings.


1905Movie Network News 2017The Chinese Lunar Year of the Rooster has ushered in a good start for the mainland film market. According to preliminary statistics, from1month27New Year’s Eve2month2On the sixth day of the new year, the shadow market is swallowed in 7 days33.36100 million yuan, more than last year’s Spring Festival30.8The box office increased by 8.3 billion.%33The figure of 100 million has once again broken the Spring Festival record, and there is no doubt that the Lunar Year of the Rooster has become the strongest Spring Festival record in history.

 

"Westward Journey to Fighting Demons",,, and five new films that opened on the first day of the new year have achieved quite bright results. They have respectively harvested 1.153 billion, 872 million, 572 million, 412 million and 297 million box office, leading the Spring Festival file. It is worth mentioning that since the fourth day of the new year, Jackie Chan’s "Kung Fu Yoga" has pulled down the biggest hit "Westward Journey to Fighting Demons" produced by Stephen Chow and directed by Tsui Hark, and has become the single-day box office champion for three consecutive days.

 

In addition, the cumulative box office of cartoons that opened on February 1 reached 10.02 million. Those that opened on January 27 performed poorly, and only received 13.52 million yuan in box office after 7 days of release.

 

"Journey to the West" broke the record of the first day of gold 1.10 billion, but the explosion was counterattacked by "Kung Fu Yoga"

 

Following last year, Zhou Xingchi, Guo Zijian directed, Zhou Xingchi supervised the film "Westward Journey to Fighting Demons" this Spring Festival and came out on top, the first day of the new year to attract money 353 million (including zero single-day box office for 365 million), broke the dust for two years, by April 2015 set a box office record of 345 million yuan (the film contains zero single-day box office for 398 million), sitting on the throne of the first-day box office champion in our country’s film history. At the same time, "Westward Journey to Fighting Demons" also defeated "Mermaid" and became our country’s fastest breaking 200 million and fastest breaking 300 million movie. Ultimately, the film was swallowed 1.153 billion yuan at the box office during the Spring Festival.

 

"Journey to the West" no suspense to lead the Spring Festival file, but surprisingly, the film box office has been declining, from the first to the sixth day of the new year, "Journey to the West" were reported 353 million, 215 million, 179 million, 145 million, 130 million and 116 million. The previously less optimistic action comedy film "Kung Fu Yoga" has been making great progress, in the Spring Festival holiday respectively 137 million, 126 million, 141 million, 148 million, 160 million and 153 million, the box office not only rose steadily, but also from January 31st on the fourth day of the new year, for three consecutive days to surpass "Journey to the West", the sudden counterattack became the single-day box office champion, leading the second half of the Spring Festival file.

 

In the end, "Kung Fu Yoga" reached 872 million yuan in the six days of the Spring Festival, 280 million behind "Journey to the West" and ranked second in the Spring Festival box office. However, on the first day of work after the Spring Festival on February 3, "Kung Fu Yoga" still received 25% of the pre-arranged films, and "Journey to the West" won the first place in the row. The follow-up box office of "Kung Fu Yoga" also continued to rise.

 

Four films kept pace and led the Spring Festival file "Havoc in Tianzhu" fell all the way, and the reputation of "Riding the Wind and Waves" rose

 

In addition to "Journey to the West to Fighting Demons", Wang Baoqiang’s directorial debut "Havoc in Tianzhu" can be said to be the most concerned film during the Spring Festival, but after the film was released, word-of-mouth hit the street, resulting in a high box office opening and low box office. 187 million, 114 million, 88.843 million, 67.723 million, 58.214 million, 49.773 million yuan, the box office trend of "Havoc in Tianzhu" from January 28 to February 2 is obviously insufficient stamina. From the second day of the new year, "Havoc in Tianzhu" was surpassed by "Kung Fu Yoga", and on the fourth day of the new year, it was pressed by Han Han’s second big screen work "Riding the Wind and Waves". From the third to the sixth day of the new year, the single-day box office was less than 100 million yuan, and the film also fell from the runner-up in the single-day

 

The most controversial film in the Spring Festival is "Riding the Wind and Breaking the Waves". This time, Han Han once again challenged the big screen, but he did not expect to bear the charges of "straight male cancer", "giant baby" and other values. The film was also boycotted by Xu Jiao and other star companies on Weibo. At the beginning of its release, the film did not perform well. It only received 67.66 million yuan at the box office on the day of its opening, which is far from "Journey to the West", "Havoc in Tianzhu", and "Kung Fu Yoga". However, with the word-of-mouth fermentation of "Riding the Wind and Breaking the Waves", the film has also been affirmed by the audience. Since the third day of the new year, the box office has been growing all the way, and "Riding the Wind and Breaking the Waves" has also harvested 412 million yuan at the box office in

 

Last year’s Spring Festival file, "Mermaid" was a big one, followed by, forming a triangular pattern. This year’s Spring Festival file did not have an absolute explosion, but formed a situation where the four films of "Journey to the West", "Kung Fu Yoga", "Havoc in Tianzhu" and "Riding the Wind and Waves" were neck and neck. The four films also joined forces to cut off 3.006 billion box office in the Spring Festival file, accounting for 90% of the total box office of this year’s Spring Festival file.

 

In addition, also on the first day of the new year, the cartoon "Bear Haunted · Fantasy Space" has accumulated box office 297 million during the Spring Festival. In order to avoid blockbusters, the "released one day in advance" has only received 13.53 million yuan at the box office as of February 2, and the results are quite dismal. The animated film "", which opened on February 1, received 10.02 million in two days.

 

The Spring Festival file has grown for ten consecutive years, and the Year of the Rooster has set a new record. On the first day of the new year in 2017, the box office broke the 800 million mark

As soon as the Lunar Year of the Rooster opened in 2017, the Chinese film market ushered in a good start. On January 28, the first day of the new year created a new record for the single-day box office in our country’s film history. On the same day, the market reported 803 million, which was 160 million yuan higher than the single-day box office of 646 million yuan on the first day of the new year last year, an increase of 24%. The New Year’s Spring Festival has always been a lucky day for our country’s box office, and has been growing rapidly for more than 5 years. In 2012, our country’s single-day box office during the Spring Festival was only 61 million. On the first day of the new year in 2013, the single-day box office during the Spring Festival broke through the billion yuan mark for the first time. In just 5 years, to the 2017 Lunar Year of the Rooster, the single-day box office during the

 

In addition to the super high box office on the first day of the new year, the box office trend from the second to the sixth day of the new year is also relatively stable, maintaining a single day at around 500 million yuan, which will also bring the total box office of the Spring Festival file this year (January 27-February 2) to a high point of 3.33 billion yuan, an increase of 8.3% over last year. In 2008, our country’s total box office of the Spring Festival file broke through 100 million for the first time. At that time, there were only 115 million, which was not enough for the single-day box office of "Journey to the West". In 2014, our country’s Spring Festival file broke out, soaring 81%. The box office of the Spring Festival file also broke through the 1 billion yuan mark for the first time, reaching a historic 1.466 billion. Two years later, the box office of the Spring Festival file has jumped from 1.82 billion to 3.08 billion last year.

 

Up to now, our country’s Spring Festival box office has increased for ten consecutive years. During this decade, the total box office of the Spring Festival file has increased by 28 times, which is quite impressive. This year, the Spring Festival file has reached a new level, and the box office has exceeded 3.33 billion in 7 days. There is no doubt that 2017 has also become the strongest Spring Festival file in our country’s film history.