Deng Chaosunli took his son to the amusement park, and the couple had a good time with their childlike innocence

??A few days ago, some netizens posted a group of photos of Deng Chao and Sun Li taking their son to the amusement park to play. That day, the wait was very happy, and Deng Chao and Sun Li were also childlike and sat on the merry-go-round. Then Sun Li also posted on Weibo, saying, "I took the wait to ride the merry-go-round in the morning. Both my father and I are not good. The circle is too small and only suitable for children. We sat there four times in total, about 10 laps each time. I have a headache, and his father is still sitting upside down to take pictures of us. The hiccups have not stopped until now, and they are still hitting, and they keep hitting, and they keep saying they feel nauseous and want to vomit. From morning to now… I have been hitting."

??Users have commented that "this family is so loving" and "it is really difficult to take care of a funny and two children. Thank you for your hard work."

China’s foreign reserves exceed $2 trillion for the first time, and the money supply skyrockets

> > > Enter the domestic channel


  The People’s Bank of China website, July 15In the first half of 2009, the People’s Bank of China implemented a moderately loose monetary policy in accordance with the unified arrangements of the Party Central Committee and the State Council, increased financial support for economic growth, and saw rapid growth in money and credit and abundant liquidity in the banking system.



The money supply rose by 28.46%.


  At the end of June 2009, the balance of broad money supply (M2) was 56.89 trillion yuan, an increase of 28.46% year-on-year, an increase of 10.64 percentage points higher than the end of the previous year and 2.72 percentage points higher than the end of the previous month; the balance of narrow money supply (M1) was 19.32 trillion yuan, an increase of 24.79% year-on-year, an increase of 15.73 percentage points higher than the end of the previous year and 6.09 percentage points higher than the end of the previous month; the balance of money in circulation in the market (M0) was 3.36 trillion yuan, an increase of 11.46% year-on-year. In the first half of the year, the net return of cash was 57.80 billion yuan, and the year-on-year return was 63.90 billion yuan (the net investment in the same period last



Financial Institution Group Renminbi loans increased by 34.44%


  At the end of June, the balance of various RMB loans of Financial Institution Group was 37.74 trillion yuan, an increase of 34.44% year-on-year, an increase of 15.71 percentage points higher than the end of the previous year and 3.83 percentage points higher than the end of the previous month. In the first half of the year, RMB loans increased by 7.37 trillion yuan, an increase of 4.92 trillion yuan year-on-year. From the perspective of sub-sectors: household loans increased by 1.0607 trillion yuan, an increase of 599 billion yuan year-on-year, of which short-term loans increased by 465.20 billion yuan; medium and long term loans increased by 595.50 billion yuan. Loans to non-financial companies and other sectors increased by 6.3096 trillion yuan, an increase of 4.3189 trillion yuan year-on-year, of which short-term loans increased by 1.3193 trillion yuan; medium and long term loans increased by 3.1771 trillion yuan; bill financing increased by 1.7065 trillion yuan. In June, RMB loans increased by 1.53 trillion yuan, an increase of 1.20 trillion yuan year-on-year.


  At the end of June, the balance of foreign exchange loans of Financial Institution Group was 295.40 billion US dollars, an increase of 8.08% year-on-year. In the first half of the year, foreign exchange loans increased by 51.70 billion US dollars, an increase of 3.60 billion US dollars. Among them, foreign exchange loans increased by 37.20 billion US dollars in June, an increase of 35.80 billion US dollars year-on-year.


  After the merger of domestic and foreign currencies, the balance of various loans in domestic and foreign currencies of Financial Institution Group was 39.76 trillion yuan at the end of June, an increase of 32.78% year-on-year. In the first half of the year, new loans in domestic and foreign currencies 7.72 trillion yuan, an increase of 4.99 trillion yuan year-on-year.


  Financial Institution Group RMB deposits increased by 29.02%


  At the end of June, the balance of RMB deposits in Financial Institution Group was 56.63 trillion yuan, an increase of 29.02% year-on-year, an increase of 9.29 percentage points higher than the end of the previous year and 2.34 percentage points higher than the end of the previous month. In the first half of the year, RMB deposits increased by 9.99 trillion yuan, an increase of 5.02 trillion yuan year-on-year. From the perspective of sub-sectors: household deposits increased by 3.1719 trillion yuan, an increase of 975.40 billion yuan year-on-year; non-financial corporate deposits increased by 5.8723 trillion yuan, an increase of 4.2403 trillion yuan year-on-year; fiscal deposits increased by 688.30 billion yuan, an increase of 335.10 billion yuan year-on-year. Among non-financial corporate deposits, corporate deposits increased by 5.2934 trillion yuan, an increase of 3.7665 trillion yuan year In June, RMB deposits increased by 2 trillion yuan, an increase of 1.23 trillion yuan year-on-year.


  At the end of June, the balance of foreign exchange deposits was 208.10 billion US dollars, an increase of 16.01% year-on-year. In the first half of the year, foreign exchange deposits increased by 15.40 billion US dollars, an increase of 3.30 billion US dollars year-on-year. Among them, foreign exchange deposits increased by 2.10 billion US dollars in June, an increase of 3 billion US dollars year-on-year.


  After the merger of domestic and foreign currencies, the balance of deposits in domestic and foreign currencies of Financial Institution Group was 58.05 trillion yuan, an increase of 28.65% year-on-year. In the first half of the year, new deposits in domestic and foreign currencies were 10.09 trillion yuan, an increase of 5.07 trillion yuan year-on-year.


  Fourth, the interbank market interest rate remains low


  In june, the total turnover of rmb transactions in the interbank market was 13.72 trillion yuan, with an average daily turnover of 623.60 billion yuan.


  In June, the weighted average monthly interest rate of interbank lending in the interbank market was 0.91%, 0.06 percentage points higher than the previous month and 2.16 percentage points lower than the same period last year; the weighted average monthly interest rate of pledged bond repurchase was 0.91%, 0.06 percentage points higher than the previous month and 2.17 percentage points lower than the same period last year.



V. National foreign exchange reserves increased by 17.84%


  At the end of June 2009, the balance of national foreign exchange reserves was 2.1316 trillion US dollars, an increase of 17.84% year-on-year. In the first half of the year, the national foreign exchange reserves increased by 185.60 billion US dollars, an increase of 95 billion US dollars year-on-year. In June, foreign exchange reserves increased by 42.10 billion US dollars, an increase of 30.20 billion US dollars year-on-year. At the end of June, the exchange rate of RMB was 6.8319 yuan per US dollar. (End) (Source of this article: People’s Bank of China)

  Related links:



  • Central Bank: Implement moderately loose monetary policy to guide reasonable credit growth 2009-06-25

  • [VIDEO] The money supply is growing rapidly, and RMB loans continue to increase 2009-05-12

  • [VIDEO] The money supply is growing rapidly, and RMB loans continue to increase 2009-05-12

  • Bureau of Statistics: The growth rate of money and credit accelerated in the first quarter, and foreign exchange reserves increased by 2009-04-16

Editor in charge: Wang Jiaolong

Wanda Commercial Management IPO: It seems that the light boat has passed 10,000 mountains, but it is actually moving forward with a heavy burden?

Image source @Visual China

Article | Hong Kong Stock Research Institute

Recently, following the termination of Wanda Commercial Management’s bond issuance plan, the Securities Supervision Commission questioned the authenticity of Wanda’s shopping mall sales data, and the freezing of Zhuhai Wanda Commercial Management’s equity by the court, Wanda Commercial Management encountered "water reverse" again – Fitch released a report downgrading Wanda Commercial Management’s rating, and believes that Zhuhai Wanda Commercial Management may not be able to complete the listing before the end of 2023.

The influx of negative news has cast more and more clouds over Zhuhai Wanda Commercial Management’s fourth impact on Hong Kong’s IPO.

And in the Wanda Group debt pressure, nearly 40 billion yuan bet the deadline is approaching, the Zhuhai Wanda Commercial Management impact on Hong Kong stocks, is also considered to be Wanda’s last battle, for this reason, Wanda opened a new round of "sell sell sell". So, in this case, carrying Wanda’s future asset-light model, can it still be bright?

Zhuhai Wanda Commercial Management is the product of Wanda’s commercial real estate sector.

Wanda’s commercial real estate sector once included commercial real estate development, residential real estate development and commercial property management. It is worth mentioning that Wanda’s real estate sales revenue reached 160 billion yuan at the peak, and then with the official proposal of "real estate and housing not speculation", the development of the real estate industry has gradually returned to rationality.

Under this trend, Wanda Commercial changed its name to Dalian Wanda Commercial Management in 2019, and from then on, its business focus shifted to commercial management. In this regard, Wang Jianlin clearly set the tone that the real estate group "does not pursue sales, exists for commercial management, and digests Wanda Plaza residential facilities every year to maintain tens of billions of sales." This choice is also in line with the development trend of the industry.

At that time, China’s commercial plazas were in the second half of the rapid expansion cycle. Data show that from 2016 to 2021, the growth rate of China’s stock commercial plazas, although declining, still maintained an average annual growth rate of about 15%. The total number of commercial plazas increased from 2,862 to 5,936. For the business management giant Wanda, the business management business undoubtedly has a lot of room for development.

But since then, with the high land prices in first- and second-tier cities and the frequent emergence of "land kings" in the core area, Wanda’s previous asset-heavy business management model of self-built commercial plazas has been unsustainable due to the need to invest a lot of money. Therefore, in 2021, Dalian Wanda Commercial Management will divest its business again, and establish a new subsidiary Zhuhai Wanda Commercial Management to conduct asset-light operations in commercial property management business, and strengthen its business layout in third- and fourth-tier cities.

In fact, compared with real estate companies such as Vanke, Country Garden, and China Resources, which mainly focus on residential development, Wanda has accumulated profound experience in the operation and management of commercial plazas. Moreover, the shift in the focus of industry development has also provided a rare opportunity for its expansion in third- and fourth-tier cities. Since the beginning of the new century, in the construction frenzy of Chinese shopping centers, there have been obvious geographical stratification. In the first ten years, 60% of the new shopping centers were concentrated in four first-tier cities, and then began to gradually extend to second-tier cities. In recent years, with the increasing vacancy rate of shopping centers in first- and second-tier cities, the expansion of the industry has also begun to sink.

With the continuous improvement of brand power in low-tier cities and the advantages of low capital investment and fast replication of the asset-light model itself, Zhuhai Wanda Commercial Management has experienced a wave of expansion. According to the prospectus, by the end of 2022, Zhuhai Wanda Commercial Management managed a total of 472 commercial plazas, of which 288 were from the parent company and 184 were owned by independent third parties, accounting for nearly 40%. In contrast, in recent years, real estate companies that have also begun to develop an asset-light model have made slightly slower progress. For example, China Resources Vientiane Life, a subsidiary of China Resources Real Estate, has an operating income of only 4.20 billion yuan as of 2022, and the projects under management still mainly come from the parent company, accounting for 86%.

At the same time, Zhuhai Wanda Commercial Management’s operating performance is also quite eye-catching. According to the prospectus, Zhuhai Wanda Commercial Management will achieve revenue of 27.10 billion yuan in 2022, net profit will reach 7.50 billion yuan, and the return on net assets is quite high. Its net assets equivalent to 4% of the parent company’s net assets contributed 72% of the total profit of the parent company Dalian Wanda Commercial Management. Strong profitability has also made Zhuhai Wanda Commercial Management Wanda’s "cash cow". From 2019 to the first half of 2022, the cumulative cash dividend will be 13.273 billion yuan, the vast majority of which will flow to Wanda Commercial Management, which holds nearly 80% of the shares.

If you look at it alone, after layers of stripping, Zhuhai Wanda Commercial Management seems to have "crossed a thousand mountains in a light boat". However, when you zoom in to the entire Wanda system, things may not be so easy. It can be said that Zhuhai Wanda Commercial Management’s light asset operation is still moving forward with a heavy load.

When Zhuhai Wanda Commercial Management was established in 2021, it introduced a group of heavyweight investors up to 38 billion yuan in financing. As a bet, Zhuhai Wanda Commercial Management needs to be listed before the end of 2023. If it cannot be listed as scheduled, it will not only have to repay the entire investment of 38 billion yuan in cash, but also pay an additional 8% interest.

Now, after the failure of multiple submissions to the Hong Kong Stock Exchange, the end of the bet is approaching. At the same time, due to multiple factors, Wanda Film and other sectors continue to slump, and financing is limited, Wanda Group’s debt problem has become increasingly prominent.

On April 28, Dalian Wanda Commercial Management disclosed the 2022 corporate bond report on the Shanghai Stock Exchange. As of December 31, 2022, the company’s short-term borrowing balance was 5.046 billion yuan, an increase of 948.74% year-on-year; the non-current liabilities due within one year were 68.768 billion yuan, an increase of 304.12% year-on-year. In June, Wanda Commercial Management issued bonds with a quota of 6 billion yuan and was forced to terminate the issuance. The financing channels were significantly tightened, which was related to Zhuhai Wanda Commercial Management’s delay in listing.

It can be seen that for Wanda, the Zhuhai Wanda Business Management sprint IPO is largely an important attempt to revitalize the overall situation. But even putting aside the pressure of capital and other aspects and returning to the asset-light operation model itself, Zhuhai Wanda Business Management is also facing no small challenges.

Compared with the asset-heavy model, the asset-light model has two main advantages. First, it is no longer necessary to pay attention to land acquisition, construction, etc., but focuses on the operation of shopping malls. After the professional division of labor is clearer, it can give full play to its strengths, thereby improving business performance. Second, the traditional asset-heavy model itself has accumulated a large amount of funds, and its expansion speed is bound to be constrained by the scale of funds, while the asset-light model only exports brand and management, which greatly reduces the demand for funds, so it can achieve rapid expansion, and once the operation model is formed, it can be quickly replicated, and the scale effect is more prominent.

As mentioned above, Zhuhai Wanda Commercial Management has been able to expand significantly, largely due to the asset-light model itself. However, after a wave of rapid expansion, Zhuhai Wanda Commercial Management’s subsequent continued growth is also facing uncertainty.

In recent years, under the policy tone of reducing leverage and debt, there are not a few real estate enterprises that attach importance to the asset-light model, such as Country Garden, Longhu, Vanke Printing, China Resources Land, Joy City Holdings, and Baolong Real Estate. They have all accelerated the layout of asset-light projects. For example, Xincheng Holdings will have 31 Wuyue Plaza openings in 2023, and sinking cities will dominate.

At the same time, the oversupply of domestic commercial plazas has gradually become apparent. Data show that from 2017 to 2022, the number of commercial plazas with a rental rate of less than 70% in China increased from 7,800 to 10,948, and it is estimated that it will reach 13,182 by 2027. With the overall oversupply compounded by the influx of many leading real estate enterprises, the market competition in the commercial management track may become more intense.

In this competition landscape, although Wanda business management plans to open 51 in 2023, and focuses on the distribution of third-, fourth- and fifth-tier cities, with the rise of a number of unique emerging business entities, the increase in its acquisition may be more limited.

Moreover, under the predicament of debt pressure, there are frequent news of Wanda’s sale of projects in the market. After the "century sale" of 13 cultural tourism projects and 77 hotels packaged and sold in 2017, Wanda seems to be going to stage "selling, selling" again this year. Relevant actions include selling Wuhan Hanjie Wanda Plaza to SKP Group, transferring more than 80% of the equity of the partnership to China Huarong, reducing its holdings of Wanda Film 37.1877 million shares and cashing out 447 million yuan. In addition, there are rumors in the market that Wanda will sell more than 20 shopping malls in Jiangsu, Zhejiang and Shanghai.

The non-stop sale of assets has also attracted speculation that Wanda’s so-called "light assets" are actually "clearing assets", and some industry insiders believe that Wanda’s clearing assets may now affect the basic business of Zhuhai Wanda Commercial Management.

However, according to Wanda Group, the follow-up operation rights of the equity transfer projects are still retained by Wanda Commercial Management, which is not affected by the equity change, and most of the projects sold are heavy asset projects and are not under the umbrella of Zhuhai Wanda Commercial Management. From this point of view, there may be no need to worry too much.

In addition, in the medium and long term, the industry still has room to explore its business potential in the future. The main reason is that in the construction of a new development pattern, with the increasing fundamental role of consumption in economic development, shopping malls still have great development value as large-scale physical consumption platforms that can meet a variety of needs.

In terms of management scale, Zhuhai Wanda Commercial Management is already the world’s largest commercial square operating company, with a construction area of 65.60 million square meters in the management mall, exceeding the combined second to tenth place in China. From the perspective of the rental rate, an important indicator to measure the operation capacity of business management enterprises, Zhuhai Wanda Commercial Management’s leading position is also very consolidated. According to the prospectus, as of 2022, the average rental rate (excluding parking spaces) of Zhuhai Wanda Commercial Management reached 98.6%; over the same period, Xincheng was 95.13%, Longhu was 93.9%, and the printing power was 93.2%.

Based on this, if Wanda Commercial Management continues to strengthen its refined operations, establish a better ecosystem for its asset-light model operation, and meet the current stock demand to the greatest extent, such as its recent launch of the "Wanda Smart Business Platform", which provides integrated value-added services for merchants in the four scenarios of location selection, rental, store opening, and operation, it may be conducive to breaking through many constraints and promoting the potential of the asset-light model to a greater extent, thereby demonstrating greater investment value and taking this bumpy road to listing.

 

This week’s exciting! Andy Lau VS Donnie Yen! Expert duel, subverting imagination

1905 movie network feature This week’s movie channel is about to stage a master showdown between vs and vs; the director arrives with happiness, the murderous megalodon is mysteriously haunted, and the suspenseful homicide case is intertwined. All kinds of wonderful plots unfold one by one.


The film is directed by Andy Lau and starring Jean Renault. After five years in prison, Andy Lau plays the thief Zhang Dan and Ye Hong, played by Shu Qi, join forces to form the "tide thief" and return to the world. What is their goal this time?


Wonderful movie review:"HitmanriAng"Jean Renault’s detective Pierre has always chased after Andy Lau’s Zhang Dan, and the two competed wits and staged a sparkling duel.– 1905 Movie Network


This film perfectly combines kung fu movies with police and gangster movies, the action design is quite wonderful, and the fighting scenes of expert tricks are also extremely cool! Wang Baoqiang, who used to show his comic image, has transformed into a "fierce and cold martial arts master" this time, and encountered "the strongest in the universe" Donnie Yen. "Wu Chi" was sealed in Xiu to challenge Xiahou Wu to compete for the title of "first in martial arts", and a bloody storm in martial arts also started.


Wonderful movie review:The madman played by Wang Baoqiang is very realistic.whiteiceThe temperament has a long aftertaste, and all kinds of experts fight, which makes people call it enjoyable.– Douban movie review, Qin Xiaohuang


Director Feng Gong came out of the mountain again after a lapse of ten years. His creations are rooted in life, serve the people, reflect the warmth of the market, and reflect the feelings of the times. "Happiness Comes Soon"It is such a film that reflects the work and life of the people’s mediator. It continues the humorous and down-to-earth street comedy style of director Feng Gong, and tells the story of Ma Shanglai, a local mediator in Chongqing, who handles various conflicts and disputes among his neighbors.


Wonderful movie review:Director Feng Gong is very good at creating people’s stories, from the streets and alleys of the parents to see the big, humorous and warm, wise and simple.– 1905 Movie Network


The main character of this film is an invading ocean top predator megalodon, which has the huge size of an "aircraft carrier" and amazing bite force, and everywhere it goes is in chaos. The film perfectly presents a series of thrilling scenes such as underwater rescue, sea surface resistance to sharks, shark mouth escape and the final "shark chopping battle". When the megalodon has not yet revealed its true face, the film begins to create a tense and suspenseful atmosphere, allowing viewers to spend in a continuous thrill, and the tension is unforgettable.


Wonderful movie review:The deep blue sea not only creates a sense of mystery, but also allows you to experience an immersive fear of deep-sea sharks.– 1905 Movie Network


Isolated mountains, mysterious universities, towering glaciers and snow peaks, bizarre serial deaths…movie"Undercurrent."When it was released in France in 2000, it received rave reviews. Jean Reno plays Pierre, an experienced Parisian police detective who is investigating a bizarre murder by strangulation.Vincent CastleThe young local police officer Max plays is in the small church to track down the girl who mysteriously disappeared 20 years ago. The two seemingly isolated cases are inextricably linked.


Wonderful movie review:The suspense and thriller atmosphere of the film is well created, and the visual effects are equally eye-catching. While the background music brings up the rhythm of the film, Jean RenoandVinson Cassel’s two story lines naturally converge.– Douban Film Review tranquility


The second season of the costume drama "Celebration of More Than Years" has been successfully completed

On October 17, 2023, the second season of the much-anticipated costume drama "Celebration of More Than a Year" was successfully completed, which once again aroused the eager expectations of the audience. The drama was jointly produced by CCTV, Penguin Film and Television, Yuewen Film and Television, and Xinli TV. It brought together many powerful actors, including Zhang Ruoyun, Li Qin, Chen Daoming, Wu Gang, Guo Qilin, Tian Yu, Li Xiaoran, Song Yi, Xin Zhilei, Liu Duanduan, Fu Xinbo, etc., and Zhang Qinwei starred in a friendship, which can be called a luxurious lineup.

Adapted from the novel of the same name, the story mainly revolves around a mysterious teenager, Fan Xian, who has an unpredictable life background and has gone through various tests and tempering in the family, rivers and lakes, and temples, and finally wrote a legendary life story. The successful broadcast of the first season has laid a solid foundation for the second season, and the completion of the second season has further aroused the expectations and curiosity of the audience for the sequel.

It is reported that the second season of "Qingyu Nian" not only continued the excitement of the first season during the shooting process, but also paid more attention to the depth of the plot and the emotional expression of the characters. The tacit cooperation and superb performances of the actors on the set are also very much anticipated. At the same time, the production team of the play has also increased investment in scene arrangement, costume props and other aspects, striving to bring the audience into a more realistic and shocking historical picture scroll.

The role of Fan Xian played by Zhang Ruoyun in the play has won the love and recognition of the audience with his excellent acting skills and compatibility with the characters. The roles of Princess Miaoyin played by Li Qin and Fan Ningmei played by Chen Daoming have also been deeply rooted in the hearts of the people and become a highlight of the play.

The success of the second season of "Qingyu Nian" also means that the audience is about to usher in a new audio-visual feast. It is reported that the drama will premiere on Tencent Video in 2024, and I believe that it will cause another ratings frenzy at that time. And the audience’s speculation and expectations for the development of the plot and the fate of the characters will also become a hot topic during the future broadcast.

The completion of the second season of "Celebration of More Than a Year" has brought unlimited expectations and surprises to the audience. With the superb acting skills of the actors and the careful polishing of the production team, I believe that this epic costume drama will once again arouse the enthusiasm of the audience and become a major hot topic and ratings guarantee in 2024.

The new machine: Meilan E2 is highly favored/price acceptable

  On April 26, 2017, Meizu Meizu E2 was officially released. The machine is positioned at the mid-range and is known as "Youth Good Products". It is designed for young consumers and is equipped with a Helio P20 octa-core processor. It is available in 3GB + 32GB and 4GB + 64GB versions, priced at 1299 yuan and 1599 yuan respectively. It was officially released on April 29.

  How do users feel about this thousand-yuan youth product? Will they buy it? What is the position of this product in the entire mobile phone market? Let’s take a look.

  ● Users have high awareness of the Meizu brand and Meizu E2

  From the cognitive point of view, users have a high degree of awareness of the Meizu brand established in 2003. 38.32% of users said they have a good understanding of the Meizu brand, and more than 40% of users said they have a good understanding of it. It can be seen that as a manufacturer that has been in the mobile phone market for more than ten years, the user base is still very deep. In addition, from the latest release of Meizu E2, under the more comprehensive marketing activities, Meizu E2 has gained a good market awareness, with a total of 76.60% of users expressing a good understanding of Meizu E2.

  ●65.59% of users can accept the positioning/configuration of Meizu E2

  From the survey data, more than 60% of users believe that the configuration of the Meizu E2 is reasonable and meets psychological expectations. It can be seen that this mid-range thousand-yuan machine follows the mainstream of the market in terms of configuration and can meet the needs of users. Take a look at the parameter configuration of the Meizu E2.

  ● The screen size of the Meizu E2 is 5.5 inches, which is only lower than 9.5% of the models

  The Meizu E2 uses a 5.5-inch 2.5D 1080p Sharp screen, 5.5 inches is the mainstream in the market, relatively large, only less than 9.5% of the models. From the process point of view, although it is still a Sharp screen, the Meizu E2 adopts a GFF full-fit solution, with a screen contrast of 1000:1, which is better than the previous Meizu X series process.

  ● Meizu E2 is equipped with MediaTek P20 eight-core processor, and the number of cores is only less than 2.3% of the models

  As a low-end model under Meizu, Meizu E2 uses a 16nm process MediaTek P20 eight-core processor with a main frequency of 2.35GHz, reducing power consumption and improving performance. From the perspective of the number of cores, it is only less than 2.3% of the models.

  ● There are two types of Meilan E2 storage, 3GB and 4GB, which perform well in the thousand-yuan machine market

  The Meizu E2 comes in two different memory versions, 3GB and 4GB. It is equipped with a MediaTek P20 octa-core processor and has been specially optimized for gaming. It is definitely the leader in the thousand-dollar machine market.

  ● Meilan E2 models with a battery capacity higher than 69.3% mCharge 18W high-power fast charging technology attracts the eye

  From the battery point of view, the Meizu E2 is equipped with a 3400mAh large battery, coupled with the mCharge 18W high-power fast charging technology of the Meizu series, which can well meet and solve users’ electricity demands. Official data show that when the Meizu E2 is fully charged, it can watch 20 TV dramas for about 50 minutes in a row, with strong battery life.

  ● The Meizu E2 has a total of 2 cameras, which is absolutely mainstream

  From the camera point of view, the Meizu E2 is equipped with two cameras, of which the front-facing camera pixels are 8 million and the rear camera pixels are 13 million. Compared with the previous generation, although the front-facing camera pixels are upgraded, the sensor is still a relatively ordinary Sony IMX286 sensor, which has not changed much and highlights, but it is no problem to meet the mainstream and general camera needs.

  ● Users have high acceptance of the price of Meilan E2, which is positioned in the mid-range, and 90% of users accept it

  The Meizu E2 has two versions of 3GB and 4GB memory, priced at 1299 yuan and 1599 yuan respectively, which is firmly in the mid-range position in the entire mobile phone market. The proportion of products in the price range of these two prices in the market is 14.7% and 12.2% respectively. From the perspective of user acceptance, over 90% of users said they can accept the price of the Meizu E2. Among them, over 50% believe that the price of the machine is moderate and meets psychological expectations.

  This article belongs to the original article, if reproduced, please indicate the source: number said new machine: Meilan E2 high with favor/high price acceptance http://mobile.zol.com.cn/637/6378430.html

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            ● From the perspective of purchase expectations, 37.16% of users plan to buy 4GB + 64GB high-end version, obsidian black is popular

    From the user’s purchase intention, 37.16% of users clearly expressed their intention to buy the Meizu E2, among which the high-end version with 4GB memory + 64GB storage is the most popular. In terms of body color, obsidian black is favored by users, with a choice ratio of 57.33%, followed by moonlight silver.

  From the user’s purchase intention, 37.16% of users clearly expressed their intention to buy the Meizu E2, among which the high-end version with 4GB memory + 64GB storage is the most popular. In terms of body color, obsidian black is favored by users, with a choice ratio of 57.33%, followed by moonlight silver.

  The Flyme 6 operating system is the most attractive to users

  From the point of view of the most attractive user highlights of the Meizu E2, the survey results are not consistent with the highlights claimed by the Meizu E2 at the press conference. The biggest highlight of the Meizu E2 introduced at the press conference is the integrated design of the flash antenna and four flowing LED lights, but from the user survey results, the most attractive feature of the Meizu E2 is its Flyme 6 operating system, followed by the integrated design of the flash antenna and four flowing LED lights.

  It has to be said that, as one of Meizu’s core competencies, the Meizu Flyme system has been loved by users, especially young users, since its birth because it focuses on providing users with excellent interactive experience and online services. It can be said that Meizu’s system design concept has been deeply rooted in the hearts of the people. It is reasonable that the appearance design cannot capture the limelight.

  The integrated design of the antenna flash and four LED water lights are the biggest changes of the Meizu E2, which is remarkable, but it is also a pity that it has not won the hearts of users. Perhaps this is related to the positioning of the Meizu E2. If this design is placed on a mid-to-high-end model of Meizu, it may receive different attention effects.

  ● The Charm Blue E2 priced at 1299/1599 yuan has many competitors and is not easy to break through

  From the perspective of competitors, the Charm Blue E2, priced at 1299 yuan/1599 yuan, has more competitors. Among them, Xiaomi’s Redmi Note and Pro, 360’s N4S and N5 have caused containment to the Charm Blue E2 at both price points. There are also mid-range models under LeTV, Samsung, Huawei, Gionee and vivo. Overall, the competition in the mid-range market where the Charm Blue E2 is located is extremely fierce, and it is not easy to break through.

  Summary: Meizu E2 is the second new product launched by Meizu, which is known for its design, in 2017. It is also positioned in the mid-range. Overall, it is well-defined. Although it has bright spots in design, it has not really captured the hearts of users. It is undeniable that the thousand-yuan machine can capture part of the market share for Meizu, but as Huawei, OPPO, vivo and other competitors step by step on the road of independent innovation, channel innovation, and more emphasis on technology research and development, Meizu must come up with its own hard power if it wants to break through in the mid-to-high-end market and continue to grow. Otherwise, the situation will be difficult to break and the road will be difficult to walk.

  Sample description: The survey data used in this report are all from the ZOL online prize survey, a total of 898 questionnaires were collected, and a total of 875 valid questionnaires were obtained by screening the validity of the data.

  This article belongs to the original article, if reproduced, please indicate the source: number said new machine: Meilan E2 high with favor/high price acceptance http://mobile.zol.com.cn/637/6378430.html

The implementation of the new policy of online car-hailing makes it difficult to restart taxi-hailing?

  CCTV NewsOn December 21 last year, Beijing introduced a new policy on online car-hailing, and left a 5-month transition period for the policy. The transition period will officially end tomorrow. How is the online car-hailing market today? What about the situation of drivers?

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  Beijing’s new policy for online car-hailing requires "Beijing people and Beijing cars". If your conditions happen to fully meet the requirements, you will be more optimistic in the face of the upcoming new policy, and you will receive more orders than before. If you are not a Beijing citizen, after the new policy for online car-hailing is implemented, you will no longer be able to take orders. In the face of the implementation of the new policy, drivers are happy and worried, while passengers report that it is difficult to take a taxi.

  The implementation of the New Deal makes it difficult to restart a taxi?

  During the transition period of the new policy of online car-hailing, some online car-hailing platforms began to gradually stop sending orders to drivers who did not meet the regulations. There were fewer vehicles in operation, and the direct feeling of passengers was that it was "difficult to take a taxi". Not only did it take a long time to order a car, but sometimes it even took a price increase to get a car. During rush hour and night time, especially in more remote places, it was difficult to get a car. At the same time, the price was higher than before, the same as that of taxis or even slightly higher.

  According to the data of the Didi platform, from the data of the success rate of express taxis at different times in Beijing in March, the period with the highest success rate was 10:00 to 17:00, with an average success rate of 83.2%; the lowest was 21:00 to 23:00, with an average success rate of only 54.1%, indicating that nearly half of users’ demand for taxis could not be effectively met.

  Management needs to be adapted to local conditions, not cookie-cutter

  Passengers have different opinions on the new policy, but most of them say that it is indeed not as cheap and convenient as when online car-hailing first appeared. In fact, as a new thing of Internet +, when online car-hailing entered the market, a large number of non-operating vehicles and private car owners were rapidly expanded, and there were no restrictions on people and cars. At the same time, many online car-hailing platforms provide large subsidies to drivers and passengers. On the one hand, drivers can receive a large amount of subsidies for each order, which has stimulated more non-operating vehicles to join the market; on the other hand, high subsidies also allow passengers to spend very little money or even no money to use online car-hailing to travel.

  Experts believe that the online car-hailing market tends to be standardized, which is an inevitable trend of its development. The previous "super convenient" and "super cheap" will only appear in the short term and cannot last forever. In second- and third-tier cities and the outer suburbs of big cities, there are not very congested areas, and many of them have insufficient transportation capacity to meet the travel needs of passengers. In this case, restricting the household registration and models of online car-hailing like big cities is not in line with the market development direction. The management of online car-hailing also needs to be adapted to local conditions, and it is not suitable for "cookie-cutter".

  Convenient travel requires passengers to change their mindset

  At present, in addition to Beijing, Shanghai, Shenzhen, Guangzhou and other places have successively issued detailed rules for the management of online car-hailing platforms, which basically strictly stipulate the operating vehicles and personnel of online car-hailing platforms.

  Many people feel that it is inconvenient to travel for a period of time. They used to like to use the Internet to book a car every day, but now they may not be able to get a car, or the price is too expensive and there is no subsidy. But you can choose another way to travel. You can go out and ride a shared bicycle to the subway first, and then ride a shared bicycle to the unit after getting off the subway. The price may be cheaper, so people may have to change their thinking now.

  How should the future online car-hailing market develop?

  According to statistics, in the current "Implementation Rules for the Management of Online Booking Taxi Business Services" in 73 places, more than 80% require online car-hailing drivers to have local household registration or residence permits, 90% require online car-hailing to be local number plates or local registration, and more than 40 cities have proposed standards for online car-hailing wheelbases and given online car-hailing "guide prices".

  Although online car-hailing is indeed not as convenient as before to a certain extent, with the development of shared bicycles, shared cars, and public transportation, a three-dimensional transportation network is gradually being built.

The counterattack of fuel vehicles? DJI smart driving access Tiguan L Pro

Recently, a number of car company heads and auto industry bosses have spoken out against the current auto market in different public occasions, and a number of popular opinions have triggered rounds of heated discussions. Whether it is about "rolling prices" or "rolling technology", although the topics discussed are different, there is one thing in common behind it, that is, "oil trucks" are no longer the center of everyone’s discussion, as if oil trucks have disappeared from the public’s attention.

However, just in the past May, the SAIC Volkswagen Tiguan LPro was officially launched under the label of "the smartest fuel car", bringing traditional fuel vehicles back into the market’s attention.

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In fact, if you look at it objectively, there have been two historical moments in the domestic passenger car market in the first half of the year when the market share of fuel vehicles was surpassed by new energy vehicles. Once, in the first half of April this year, the retail penetration rate of domestic new energy vehicles exceeded 50%; another time, in the third week of May this year, the insurance volume of domestic new energy passenger vehicles exceeded that of fuel vehicles, exceeding 50% for the first time, reaching 50.2%. The meaning of exceeding 50% is that fuel vehicles have become a non-mainstream choice in the automobile consumer market.

Compared with Huawei Hongmeng Zhixing (Q Jie, Zhijie), Wei Xiaoli, and BYD, they have been competing in the automotive market in recent years, whether in terms of volume or sales, the entire oil car market has become increasingly quiet.

Lu Xun once said, "If you don’t erupt in silence, you will perish in silence." Right now, traditional fuel vehicles have reached such a moment. And the arrival of Tiguan L Pro, can you heavy the ambition of fuel vehicles to fight back?

How do fuel vehicles break the circle?

Traditional fuel vehicles have come to this point not because they did something wrong. On the contrary, it was the fault of "doing nothing". In the wave of intelligence, traditional fuel vehicles have almost universally chosen to stay out of it. It seems that there is an insulating relationship with "intelligence". Data shows that no matter what price of fuel vehicles, the configuration rate of high-end intelligent driving is close to 0.

Autohome

Among them, on the one hand, there are "experts" who have come out to determine that the oil car cannot be intelligent. The reason is that the small battery of the fuel car cannot support the power demand of various sensors of the intelligent driving system; in addition, the mechanical structure of the fuel car also seriously hinders the response speed of the intelligent driving system, so the oil car is classified as an old product that is not suitable for intelligent.

On the other hand, behind the fuel vehicles are large-scale traditional car companies. The accumulated investment in technology, equipment, personnel, and capital in the field of fuel vehicles over the past century has made it not so easy for their elephants to turn around. This also gives the outside world an impression that traditional fuel vehicles have been photographed on the seabed by the current intelligent wave, and have disappeared from the attention of everyone for a long time.

But are oil trucks really not suitable for intelligence? The answer is no.

Some time ago, DJI Automotive proposed "the same wisdom of gasoline and electricity", hoping that technology can benefit "everyone" and achieve true "scientific and technological equality". From the perspective of DJI Automotive, it does not pick the type of power model, that is, whether it is a fuel car, a hybrid car, or a pure electric car, the intelligent driving system can effectively get on the car.

"The electronic architecture of the entire car is actually updated very quickly. For the current mainstream fuel vehicles, as long as it has the basic distributed A DAS, it has basic by-wire control." The person in charge of DJI Automotive once explained whether the fuel vehicle can be equipped with the intelligent driving system. "If a fuel vehicle has not planned the intelligent driving solution in advance, but the electronic architecture meets the needs, it can also be modified, which takes 9 to 18 months."

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Looking at the market, there are still huge users of fuel vehicles. To some extent, although the development iteration of fuel vehicles has slowed down, it has not stopped.

In fact, as early as 2018, Volkswagen and DJI Automotive were exploring how to put the latest high-end intelligent driving system on the car. The concepts of the two parties are very compatible: users still have demand for fuel vehicles, and for these users, they cannot be deprived of the opportunity to enjoy intelligent driving.

Leveraging DJI, Tiguan L Pro made a sample for the oil trucks

At the end of May, Tiguan L Pro stood up and gave samples to all the oil trucks. In short, the core of Tiguan L Pro’s solution is to leverage DJI and cooperate deeply with it to create an IQ. Pilot intelligent driver assistance system.

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Unlike the "LiDAR + high computing power" scheme used by most new energy vehicles, this system uses the inertial navigation binocular scheme. Although it is also classified as a pure vision scheme, unlike Tesla’s pure vision scheme, DJI’s intelligent driving system is based on the principle of parallax imaging, which allows Tiguan L Pro to sense the traffic environment and identify obstacles like human eyes, and then realize the L2 ++ driving auxiliary feature in the range of 0-130km/h.

Of course, as the "result" of joint cooperation, only the system of DJI is not enough. The new MQB EVO intelligent digital architecture behind Tiguan L Pro plays a key role. It is equivalent to providing the soil for the IQ. Pilot intelligent driver assistance system to survive and grow, which is also the key to making "oil and electricity common wisdom" a reality.

It is understood that the new MQB EVO intelligent digital architecture is also the most intelligent intelligence system of Volkswagen to date. The most core functions in the high-level intelligent driver assistance system, such as adaptive cruise, lane keeping, intelligent obstacle avoidance, intelligent parking, collision warning (automatic braking) and other Tiguan L Pro are available.

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In addition, compared with new energy models, the intelligent cockpit of Tiguan L Pro based on the new MQB EVO intelligent digital architecture is no less. First of all, in terms of basic configuration, it is equipped with Qualcomm 8155 car-grade chip (Qualcomm’s flagship chip of the 3rd generation Snapdragon cockpit platform), with 12 GB of memory + 128 GB of memory, and supports 5G communication. On this basis, things like AR navigation, intelligent voice interaction, intelligent joint control car, scene engine, and third-party app are also available.

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Regardless of hardware or software, although Tiguan L Pro is an oil car, it is almost the same as a new energy vehicle in terms of car experience. More importantly, the cost of this system of DJI is much lower than other solutions on the market.

According to the person in charge of DJI, since it does not include lidar, high-precision maps, etc., DJI’s system can be realized at only about 7000 yuan. This is compared with the lidar solution with a hardware cost of 2-30,000 on the market.

In fact, just two days ago, Yu Chengdong once again stressed in public that "Huawei Hongmeng Zhixing 300,000 the following cars, sell one at a loss". From this perspective, compared with the new energy vehicle companies with nine out of ten losses, from traditional oil vehicles to "smart oil vehicles", the cost advantage is also a window of opportunity for oil vehicles to counterattack.

The fuel truck counterattack is imminent

Based on the current development status of the car market, the most urgent thing for the oil trucks is when can they "take the first step"? After all, based on the current development speed of new energy vehicles in the car market, time waits for no one.

Although Tiguan L Pro took the lead in making a sample, this model alone is far from enough. At least, the momentum is far from comparable to the "has the voice over" in the market such as Wei Xiaoli and BYD, which are popular in the market. You know, today’s market consumption of the main crowd is different from five years ago, ten years ago. Actively embrace market demand and change, only earlier is not the earliest.

SAIC Volkswagen, Tiguan L 2024 PRO 330TSI two-wheel drive R-Line Zhizun Edition

"Tiguan L Pro"

Especially when the measured cruising range of plug-in hybrid models is already close to 2,000 kilometers, the market position of traditional fuel vehicles has become more subtle. For now, the only way to break the inherent thinking is to break through. Too many cases show that under the torrent of the development of the times, if you do not take the initiative to change to adapt to the times, the outcome is often only waiting to be eliminated by the times.

Of course, in addition to time, another key point in the turnaround opportunity of the oil car is the unblocking of the overall operation thinking of the car companies. This is also another layer of thinking brought by Tiguan L Pro.

At the Tiguan L Pro launch conference, in addition to releasing the price of the new car, SAIC Volkswagen also launched a repurchase interest. The launch of this interest means that in this oil car counterattack, Tiguan L Pro cleverly fought back against the "unintelligent oil car" and accurately attacked the life door of the tram "not preserving value". In the context of the continuous backstabbing of old car owners in the price of new energy vehicles, this will undoubtedly affect the decision-making of some consumers when purchasing vehicles, and put the oil car back on the car purchase list.

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But for the current oil vehicle market, what needs to be clarified is how many oil vehicles will follow in a short period of time after Tiguan L Pro? Or how many oil vehicles can be close to or enter the same competitive dimension as new energy vehicles in the field of intelligence?

It is understood that in addition to launching the smartest fuel car – Tiguan L Pro, SAIC Volkswagen is also working with Intel and other companies to create a smart travel ecosystem. In the opinion of Yu Jingmin, executive vice general manager of SAIC Volkswagen’s sales and marketing, "fuel" and "intelligence" are not mutually exclusive. In the field of intelligence, fuel cars can also make a big difference.

Although the growth rate of the new energy vehicle market is rapid, in terms of absolute sales and market user stock, the oil car is definitely the mainstream. Before the Tiguan L Pro, for those users who like intelligent products, there was no choice in the market except for new energy models. The arrival of the Tiguan L Pro at least allows the oil car to regain the opportunity to be selected.

The counterattack of traditional fuel vehicles has just begun.

Tencent Launches "Qingyun Plan" to Recruit Top Technology Students Worldwide

  Young scientific and technological talents are the new force of scientific and technological innovation and development in our country9month24On the Internet Technology Seminar and Tencent Talent Plan Release jointly organized by Tencent and Southern University of Science and Technology, Tencent released a new talent special project – Qingyun Plan,It aims to attract and recruit a group of top technical students globally.

  Xi Dan, senior vice president and chief talent officer of Tencent, introduced that for the selected candidates, Tencent will provide industry competitive salary returns and customized training programs, support candidates to deeply participate in cutting-edge technology topics and core businesses, and cultivate Internet technology talents through Tencent’s platform.

Xi Dan, Senior Vice President and Chief Talent Officer of Tencent

  "Qingyun Plan "Recruitment official website shows that Qingyun Plan is oriented towards2021year9month to2024year8Doctoral students who graduated in January,2023year9month to2024year8Graduates who graduate in the month will be recruited. Graduates with outstanding performance in any field such as academics, practice, competitions, etc., can apply.

  To unlock the potential of young talents, Tencent willAIBig data, security, multimedia, databases, hardware/Infrastructure, game engines, and more than a dozen other technical fields, setting up more than 70 technical topics, including unlocking large modelsAITechnology, robotics/Quantum and other cutting-edge technologies to jointly build a first-class domestic database in the industry/Big data platform, buildAIInfrastructure, etc., to support the deep involvement of candidates in the company’s core business.

  According to the data, the "mentor group" of Qingyun plan includes Tencent.AI
LabTencentRobotics
XHead of the lab, Tencent Security Cohen Lab, Multimedia Lab, Tencent Quantum Lab, and Tencent Hybrid Model, covering cutting-edge fields such as artificial intelligence, security, automatic speech recognition and processing, multimedia and signal processing

  Fang Hongwei, vice-president of Southern University of Science and Technology, said that the Qingyun plan is a special project launched by Tencent to focus on the future development of the industry, with the goal of selecting and cultivating young people with innovative spirit and practical ability, and for outstanding students who are interested in joining the forefront of science and technology. "I believe that with the careful training of various universities, the strong support of Tencent, and the careful guidance of experts and entrepreneurs, these students will be able to become leading talents in the future technology industry and make important contributions to the realization of national high-level scientific and technological self-reliance."

Some parameter information of the new SUV model G318 is exposed, and it is expected to be about 300,000 yuan

IT Home On January 15th, before the announcement of the monthly MIIT declaration information, Garage @42 has now exposed some parameter information of the new SUV model of the dark blue brand – the dark blue G318.

According to reports, the length, width and height of this new car are 4998mm, 1985mm, 1960mm, and the wheelbase is 2880mm. The price is expected to be around 300,000.

The dark blue G318 uses extended range power to provide front and rear dual-motor four-wheel drive models, with a maximum power of 131 kW for the front motor, 185 kW for the rear motor, and a total power of 316 kW for the system. It can also achieve tank U-turn through rear wheel reversal (the rear wheels are intermittently locked to achieve the purpose of reducing turns).

It is worth mentioning that the dark blue G318 four-wheel drive version model has towing qualifications, as long as it has a C6 driver’s license, it can tow yachts, motorboats, bicycles, motorcycles and other equipment.

In addition, the dark blue G318 has a curb weight of 2360kg and a maximum load of 2800kg, and this model also has good scalability. The official provides luggage racks, headlights, electric pedals, backpacks, spare tires, and other original expansion parts.

In terms of appearance, it can be seen that the overall line of the new car is mostly straight, and the outline is square.The rear of the car carries a "small schoolbag" external spare tire, and adopts a side-opening tailgate.The headlight design is more interesting, like a clip or a rock gesture, and it looks more technological.

From the side, the car adopts the current popular hidden door handle design, with the raised eyebrow lines at the front and rear, which not only highlights the tough style, but also enhances the sense of fashion. On the rear, through the door handle design, the car will adopt a side-open tailgate structure, which greatly enhances the loading capacity.

According to a report by IT House in July last year, the dark blue car once showed four mysterious new cars in the form of "silhouettes", namely a mid-to-large coupe with a back shape, an SUV new car, a mid-to-large SUV larger than the dark blue S7 model, and a hardcore SUV model.

Among them, the hardcore off-road vehicle type is advertised as "The Road to Freedom, Breaking Through Thorns".It is intended to emphasize the high passability of the new car and the positioning of its main off-road

Figure 5

Related reading:

"Deep blue new hardcore off-road vehicle G318 official map released: headlight design bright, pricing 300,000 yuan level"

"Deep Blue Car’s new hardcore SUV real car exposure: the message said the length of 5 meters, pricing 300,000 yuan level"

"Changan Automobile has announced its entry into the UK market, and the new dark blue G318 will be launched locally"

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