Financial early participation in governance was chaotic and management was out of control, and Hehe Futures was taken over by the CSRC; The scope of policy support for the transformation of villages i

Every reporter Fan Qian every editor Lu Xiangyong Wang Yanli Wang Xiaobo    

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NO.1 overnight market

The three major indexes of US stocks collectively closed down, with the Nasdaq falling by 427.53 points, or 2.24%, and falling by 3.15% this week. The S&P 500 index fell by 1.32%, and it fell by 2.08% this week. Dow fell 0.7%, down 1.24% this week.; Among them, the Nasdaq and the S&P 500 both recorded their biggest weekly declines since September, while the Dow recorded its biggest weekly decline since late October. Most large-scale technology stocks fell, with Amazon and Meta falling more than 4%, NVIDIA falling more than 3%, Microsoft and Intel falling more than 2%, and Apple, Netflix and Google falling more than 1%. Tesla rose more than 3%; Disney rose more than 5%, and this week it rose 16.21%, the biggest weekly increase in the last 24 years; Palantir rose more than 11%, hitting a record high, and the company is about to be included in Nasdaq.Most of the Chinese stocks rose, and the Nasdaq China Jinlong Index rose by 0.82%, this week’s cumulative decline of 5.9%; JD.COM rose by nearly 5%, famous products and LI rose by more than 2%, Weilai and New Oriental rose by more than 1%, Alibaba and iQiyi fell by more than 2%, and Bili and Zhihu fell by more than 1%.

International oil prices fell across the board, and the US oil contract in December fell 2.55% to $66.95/barrel, down 4.87% on the week; In January 2025, the oil distribution contract fell by 2.09% to $71.04/barrel, down by 3.83% on a weekly basis.

Spot gold fell by 0.06% to $2,562.72 per ounce, with a cumulative decline of 4.52% this week, the biggest weekly decline since June 2021; Spot silver fell 0.71% to $30.238 per ounce, down 3.4% this week.

Major European stock indexes collectively closed down, and the German DAX 30 index fell by 0.29%, which was roughly flat this week; The French stock index fell by 0.55% and fell by 0.88% this week; The Italian stock index fell by 0.5%, and this week it rose by 1.12%; The British stock index fell by 0.11%, and it has fallen by 0.08% this week.

NO.2 The General Administration of Financial Supervision issued the Measures for the Administration of Non-performing Assets of Financial Asset Management Companies.

On November 15, the General Administration of Financial Supervision recently formulated and issued the Measures for the Administration of Non-performing Assets Business of Financial Asset Management Companies, and the heads of relevant departments answered reporters’ questions on related issues. The Measures consists of 8 chapters and 70 articles, including general provisions, acquisition of non-performing assets, management of non-performing assets, disposal of non-performing assets, other businesses related to non-performing assets, risk management, supervision and management, and supplementary provisions.The Measures start with the whole process of acquisition, management and disposal of non-performing assets of financial asset management companies, broaden the scope of acquisition of non-performing financial assets in an orderly manner, clearly refine the standards of non-performing assets of non-financial institutions that can be acquired, and further clarify the regulatory requirements for key links such as due diligence, disposal pricing and disposal announcement.At the same time, it is stipulated that financial asset management companies can carry out light asset business such as consulting and entrusted disposal related to non-performing assets, cultivate differentiated core competitiveness, and play an active role in giving play to the countercyclical rescue function, especially in the reform of small and medium-sized financial institutions.

NO.3 Ministry of Finance and State Administration of Taxation: Cancel the export tax rebate for aluminum, copper and chemically modified animal, plant or microbial oils and fats.

On November 15th, the Ministry of Finance and the State Administration of Taxation issued an announcement to adjust the export tax rebate policy.First, cancel the export tax rebate for aluminum, copper and chemically modified animal, plant or microbial oils and fats. 2. Reduce the export tax rebate rate of some refined oil products, photovoltaics, batteries and some nonmetallic mineral products from 13% to 9%.. III. This announcement shall be implemented as of December 1, 2024. The export tax rebate rate applicable to the products listed in this announcement is defined by the export date indicated in the export goods declaration form.

NO.4 The CSRC issued the Regulation Guidelines for Listed Companies No.10-Market Value Management.

On November 15th, China Securities Regulatory Commission issued "Guidelines for Supervision of Listed Companies No.10-Market Value Management".The Guidelines require listed companies to improve their operating efficiency and profitability on the basis of improving the company’s quality, and to use merger and acquisition, equity incentive, employee stock ownership plan, cash dividend, investor relationship management, information disclosure and share repurchase in accordance with the actual situation in order to promote the investment value of listed companies to reasonably reflect the quality of listed companies.. The Guidelines clarify the responsibilities of the board of directors, directors and senior managers of listed companies, and make special requirements for major index companies to formulate market value management systems and disclose valuation improvement plans for long-term broken companies. At the same time, the Guidelines explicitly prohibit listed companies from committing illegal acts in the name of market value management.

CSRC: It is a case that Hehe Futures was taken over due to chaotic corporate governance and out-of-control management.

On November 15th, according to the website of CSRC, the person in charge of relevant departments of China Securities Regulatory Commission answered a reporter’s question about the takeover of Hehe Futures, and said that by the end of August 2024, there were 150 futures companies in 29 jurisdictions, and from January to August this year, the total operating income of the whole industry was 24.386 billion yuan and the net profit was 5.256 billion yuan. On the whole, the futures industry operates in a standardized way and has strong anti-risk ability.Hehe Futures was taken over because of the chaotic corporate governance and out-of-control management, which is a case. The purpose of taking over Hehe Futures is to maintain its stable operation and prevent risk spillover, which is more conducive to the healthy and stable development of the futures industry.. In the next step, the China Securities Regulatory Commission will steadily push forward the takeover of relevant work, earnestly safeguard the healthy and stable development of the futures market, and keep the bottom line that systemic financial risks will not occur.

NO.5 The National Internet Information Office issued the "Guide to the Construction of Mobile Internet Minors Model"

In order to further strengthen the network protection of minors, give full play to the positive role of minors’ mode in preventing network addiction, optimizing content construction, and create a healthier and safer network environment, according to the Law of People’s Republic of China (PRC) on the Protection of Minors and the Regulations on the Protection of Minors’ Network, the National Internet Information Office recently issued the Guide for the Construction of Mobile Internet Minors’ Mode (hereinafter referred to as the Guide). The Guide puts forward an overall plan for the construction of the juvenile model.Encourage and support mobile intelligent terminals, applications and application distribution platforms, etc., and jointly participate in the construction of minors’ mode, integrate decentralized functions and integrate segmented protection, and build a "triple defense line" for minors’ network protection.. The Guide consists of seven chapters, detailing the specific construction tasks of different subjects, unifying technical standards such as "three-way linkage" and "one-click start", and providing guidance for enterprises to fulfill their obligations of network protection for minors. ("Netcom China" WeChat public number)

NO.6 The spokesman of the Ministry of Commerce should answer reporters’ questions on the publication of the Export Control List of Dual-use Items in People’s Republic of China (PRC).

With the approval of the State Council, on November 15, 2024, the Ministry of Commerce, together with the Ministry of Industry and Information Technology, the General Administration of Customs and the State Cryptography Bureau, issued Announcement No.51 of 2024, promulgating the Export Control List of Dual-use Items in People’s Republic of China (PRC) (hereinafter referred to as the List), which will be implemented on December 1, 2024. The spokesman of the Ministry of Commerce answered the reporter’s questions on the List. Q: Has the scope of control been adjusted in the List, and will China consider adding items to the List in the future? A:China’s formulation of the List this time is to systematically integrate all existing controlled dual-use items and establish a complete list system and system, and does not involve the adjustment of specific control scope for the time being.. China has always adhered to the principles of rationality, prudence and moderation in the management of dual-use items.At present, the number of dual-use items under control is only about 700, which is obviously less than that of major countries and regions.. In the future, China will, according to the needs of safeguarding national security and interests and fulfilling international obligations such as non-proliferation, comprehensively consider factors such as industry, technology, trade and safety on the basis of extensive investigation and evaluation, and push forward the management and adjustment of items in a safe and orderly manner according to law. (Website of Ministry of Commerce)

NO.7 Tianzhou-8 cargo spacecraft and space station assembly completed rendezvous and docking

According to the China Manned Space Engineering Office,Tianzhou-8 cargo spacecraft successfully completed the state setting after it was put into orbit. At 2: 32 on November 16, 2024, Beijing time, it successfully docked with the space station Tianhe and the backward port of the core module.. After the rendezvous and docking, Tianzhou-8 will be transferred to the combined flight section. Subsequently, the Shenzhou-19 astronaut crew will enter the Tianzhou-8 cargo spacecraft and carry out cargo transshipment and other related work as planned.

NO.8 The scope of policy support for urban village reconstruction has been extended to nearly 300 cities at prefecture level and above.

The Ministry of Housing and Urban-Rural Development and the Ministry of Finance jointly issued a notice recently.It is clear that the scope of policy support for the reconstruction of villages in cities will be further expanded from the initial 35 mega-cities to nearly 300 cities at prefecture level and above.. The two departments made it clear in the notice that projects with balanced funds and mature compensation schemes in prefecture-level cities can be included in the scope of policy support. According to the requirements of the notice, the scope of policy support for urban village reconstruction has been further expanded from the initial 35 mega-cities and large cities with a permanent population of more than 3 million to nearly 300 cities at the prefecture level and above. Eligible urban village reconstruction projects in these cities can receive policy support, such as being included in the scope of local government special bonds, providing special loans for urban village reconstruction by development and policy-oriented financial institutions, applying relevant preferential tax and fee policies, and encouraging commercial banks to provide loans for urban village reconstruction according to the principles of marketization and rule of law, so as to ensure the smooth progress of the projects. (CCTV News)

NO.9 The tax authorities announced three cases in which network anchors were punished for tax evasion.

The reporter learned from State Taxation Administration of The People’s Republic of China that in recent years, the tax authorities have strengthened the tax service and tax supervision for webcasting practitioners in accordance with the law, continuously improved the tax compliance of webcasting industry personnel, and continuously created a fair and just tax order. However, there are still some webcast practitioners who are lucky enough to evade taxes and try their best to disrupt the normal tax order and hinder fair competition in the market. On November 15th,The tax authorities in Sichuan, Liaoning, Zhejiang and other places investigated and published three cases of tax evasion by network anchors according to law.. (CCTV News)

NO.10 international news

Trump established the National Energy Commission and appointed North Dakota Governor Bergherm as its chairman.

On November 15, local time, US President-elect Trump announced through social media.Doug Bergherm, the governor of North Dakota, will serve as the Secretary of the Interior and the chairman of the newly established National Energy Commission after he takes office.. Bergherm was a senior vice president of Microsoft and has been the governor of North Dakota since 2016. (CCTV News)

Li Zaiming, the leader of Korea’s largest opposition party, was sentenced to one year in prison in the first instance.

On the 15th, local time, the Central District Court of Seoul, South Korea handed down a first-instance verdict on the case that Li Zaiming, leader of the Common Democratic Party, the largest opposition party in South Korea, was suspected of violating the Public Office Election Law.He was sentenced to one year’s imprisonment with a two-year suspension.. Li Zaiming attended the verdict that day and said that he would appeal. (CCTV News)

The European Commission predicts that the German economy will shrink by 0.1% in 2024.

The European Commission released an assessment report on the 15th local time, predicting that the German economy will shrink slightly by 0.1% in 2024. The reasons are weak demand for industrial products, high uncertainty, labor shortage and high consumer savings rate. The report also predicts that the German economy will grow by 0.7% in 2025.

UNIFIL said that its headquarters in southern Lebanon was hit by shells and no one was injured.

On November 15th, local time, the United Nations Interim Force in Lebanon (UNIFIL) announced that a 155-mm caliber shell hit the UNIFIL headquarters in Shama village in southern Lebanon that afternoon. The shells did not explode, and no one was injured. At the time of the incident, the peacekeepers were all in the shelter.

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NO.1 Anhui Dingyuan police informed that "the reporter’s interview was attacked": five illegal personnel were arrested in the project department of China Railway Seventh Bureau.

China Railway Seventh Bureau:On the evening of November 15th, the Public Security Bureau of Dingyuan County, Anhui Province informed that "the reporter’s interview was attacked": five illegal personnel from the project department of China Railway Seventh Bureau were arrested. At 15: 49 on November 14, 2024, our bureau 110 received an alarm, and an alarm occurred at the construction site of the project department of the China Railway Seventh Bureau of Hexin High-speed Railway. The police immediately rushed to the scene for disposal. After investigation: Wang Moumou and Cheng Moumou were robbed of their mobile phones by the relevant personnel of the project department and restricted their personal freedom, causing minor injuries to the root of Wang Moumou’s right palm. At present, five illegal personnel of the project department have been placed in administrative detention for 13 days, 13 days, 12 days, 10 days and 7 days respectively by the public security organs according to the Public Security Administration Punishment Law. In addition, China Railway Seventh Bureau Group Co., Ltd. issued a statement on the evening of November 15: Our company deeply apologized to the injured reporter and resolutely obeyed the decision of Dingyuan County Public Security Bureau to deal with five illegal personnel. After research, it was decided to dismiss Wang, the project division manager, Yang, the deputy manager, and Wu, the manager. Chen Mou, secretary and commander of the Party Working Committee of the Fourth Bid Section, and Qu Moumou, deputy secretary of the Party Working Committee, were dismissed on the spot. The company has started the internal accountability procedure and dealt with it seriously according to the law and regulations. The statement said that the company will deeply reflect on the exposed problems, draw inferences from others, resolutely put an end to such incidents and resolutely safeguard the legitimate rights and interests of journalists’ supervision by public opinion. I sincerely thank all sectors of society for their concern and supervision.

NO.2 Alibaba’s revenue in the second quarter was 236.50 billion yuan, a year-on-year increase of 5%

Alibaba (BABA, stock price: 88.571 USD, market value: 211.9 billion USD):On November 15th, Alibaba announced that its revenue in the second quarter was RMB 236.50 billion, a year-on-year increase of 5%. In addition, the financial report revealed that Alibaba continued to buy back shares, investing 4.1 billion US dollars to buy back 414 million common shares in this quarter, and the outstanding shares further decreased by 2.1% compared with the end of June.

Comments:Alibaba’s steady growth is expected to further consolidate its leading position in the industry.

NO.3 Tencent announced a new cadre rotation arrangement

Tencent Holdings (00700, stock price: HK$ 401.00, market value: HK$ 3,716.2 billion):The reporter was informed that on November 15, Tencent issued a document announcing a new cadre rotation arrangement: Zhang Xiaochao, the company’s vice president, was transferred from the basic products department of WeChat Business Group (WXG) to the head of the social platform and application line of Platform and Content Business Group (PCG); Yao Xiaoguang, the vice president, ended his three-and-a-half-year part-time job and continued to serve as the president of Tianmei Studio Group, an interactive entertainment group (IEG), and at the same time served as a social platform and application line consultant of PCG. After the rotation, Yao Xiaoguang will focus on leading Tianmei to accelerate the development of global business. Tencent insiders said that this is a normal cadre rotation. (CBN)

NO.4 Straight Flush: Zhejiang Straight Flush Shunyun Software Co., Ltd., a subsidiary, received a decision on administrative supervision measures.

Straight flush (300033, stock price: 272.50 yuan, market value: 146.4 billion yuan):On the evening of November 15th, the flush announced that its subsidiary Cloud Software Company had received the Decision on Administrative Supervision Measures from Zhejiang Supervision Bureau of China Securities Regulatory Commission. In cloud software company, marketers use some customer success stories, show customer praise screenshots, past performance of individual stocks, etc. for publicity and lack of risk warning; Some marketing and service personnel have exaggerated, misleading propaganda and promised income in disguise; Some investment advisers are not registered as securities investment advisers; During the promotion of live broadcast business, compliance control is not in place and there are situations such as suggesting to recommend individual stocks; As the main body of platform operation, cloud software company failed to fulfill its compliance management responsibility in the process of cooperating with securities companies to carry out investment consulting services; Compliance control is not in place in the process of cooperating with affiliated companies to carry out securities investment consulting business. Zhejiang Supervision Bureau decided to take administrative supervision and management measures to order cloud software company to make corrections and suspend new customers. The rectification and suspension period is 3 months. The rumor that the company "illegally recommended shares and was put on file for investigation" is inconsistent with the facts. The subsidiary cloud software company has the qualification of securities investment consulting, and the company and its subsidiaries are not under investigation.

Comments:This incident may affect investors’ trust in the company and market performance.

NO.5 will sell the equity of China Stainless Steel Joint Venture Company? Posco responded

Posco Steel:South Korea’s largest steel producer, Posco Steel, is considering adjusting the operation mode of China’s joint venture steel enterprise. On November 15th, Posco responded to the news of the sale of Posco (Zhangjiagang) Stainless Steel Co., Ltd. (hereinafter referred to as Posco Zhangjiagang), saying that from the perspective of restructuring the group’s business, Posco is studying various options related to Posco Zhangjiagang and is currently in the stage of selecting investment consultants. Posco did not make a clear response on whether it planned to sell the equity of Posco Zhangjiagang. The company said that it is considering doing business with global partners, including China enterprises. (Interface News)

Comments:Posco is the largest steel producer in Korea, and its joint venture company changes in equity in China may have an impact on the steel industry and market structure of China and South Korea.

NO.6 CITIC Jiantou: Criminals impersonate CITIC Jiantou securities analysts to carry out illegal securities activities.

CITIC Jiantou (601066, stock price: 28.30 yuan, market value: 219.5 billion yuan):On November 15th, WeChat official account issued a statement: Recently, some criminals carried out illegal securities activities in the name of Huang Wentao, Zhou Junzhi and Zhao Ran, analysts of CITIC Securities Research and Development Department. Criminals embezzle personal information of analysts (such as portrait photos) through online public information, make and publish posters of "CITIC Jiantou Gold Analyst", impersonate "CITIC Jiantou-Publisher" through skychat and other channels, publish false information in the established "CITIC Jiantou Brokers’ Overall Promotion Group", and carry out illegal securities activities by forging account service agreements, providing specific securities buying and selling suggestions for free, and promising to bear the loss of investment principal. The above illegal acts have nothing to do with CITIC Securities and analysts themselves. Any act of counterfeiting China Securities and its employees is suspected of illegal securities activities or fraud. CITIC Jiantou Securities reserves the right to pursue legal responsibilities against institutions and individuals that damage the company’s reputation and defraud investors.

Comments:The voice of CITIC Construction Investment is helpful to crack down on illegal securities activities and maintain the fairness and good operating environment of the market.

The parent company of NO.7 well-known social media platform was fined nearly 6 billion yuan by the European Union.

Meta Platforms(META, stock price: USD 554.08, market value: USD 1,398.8 billion):According to CCTV news, on November 14th, local time, the European Commission announced that it would impose a fine of 797 million euros (about 5.939 billion yuan) on Meta, the parent company of American social media Facebook, on the grounds that Meta abused its dominant market position and gained benefits for its trading platform. The European Commission issued a statement on the same day saying that Meta tied its online classified advertising service "Facebook Market" with its personal social media service, and imposed unfair trading conditions on other advertising service providers, which violated the EU’s anti-monopoly rules. The EU has conducted a long-term investigation on Meta’s behavior.

Comments:The EU’s fine action may have a certain impact on the company’s reputation and business strategy.

NO.8 Yu Chengdong: Zunjie will be released together with Mate70 before the end of November.

Huawei:Yu Chengdong, managing director of Huawei, chairman of BG, and chairman of BU, a smart car solution, said at the 2024 Guangzhou Auto Show on the 15th that Zunjie will be released together with Mate70 at the press conference before the end of November.

NO.9 Aouita and Weilai Energy reached a charging network cooperation

Aouita:On the 15th, Aouita Science and Technology and Weilai Energy jointly announced that they had formally reached a charging network cooperation. From now on, users in Aouita can find and use Weilai energy charging piles nationwide through Aouita App, further improving the charging experience and charging efficiency.

Comments:This cooperation will provide Aouita users with more convenient charging services, and at the same time strengthen Weilai’s dominant position in charging network construction.

NO.10 Huitian New Materials: Zhang Feng, the concerted action of the controlling shareholder of the company, received criminal judgment.

Huitian New Materials (300041, stock price: 9.07 yuan, market value: 5.074 billion yuan):On November 15th, Huitian New Materials announced that the company had recently received the first-instance criminal judgment issued by Hefei Intermediate People’s Court of Anhui Province, which was delivered by Zhang Feng, the concerted action person of the company’s controlling shareholder. Defendant Zhang Feng was convicted of manipulating the securities market, sentenced to eight years’ imprisonment, fined RMB 150 million, and confiscated his illegal income. Zhang Feng has not served as a director, supervisor or senior manager in the company since January 2022, and has not participated in the company’s operation and management. The above judgment is the personal behavior of shareholders, which will not affect the company’s business operation, and will not affect the company’s production and operation, current profits or future profits. This judgment is a first-instance judgment and has not yet taken effect. Zhang Feng said that he would appeal, and there are still uncertainties in the final judgment and subsequent implementation results. The company will pay attention to the follow-up of the case and fulfill its information disclosure obligations in a timely manner.

Comments:Although it is an individual act, it has a certain negative impact on the company’s image, and the company should fulfill its information disclosure obligations in time.

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Data as of 4: 30 a.m. Beijing time.

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Statement:The content and data in this article are for reference only and do not constitute investment advice.Investors operate accordingly at their own risk.

journalist| Fan Qianqian??edit|Lu Xiangyong, Wang Hanli, Wang Xiaobo Yiqijiang

Proofread |Liu Xiaoying

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Evergrande goes to court, Baoneng Weimar makes batteries, and zero-run financing | Weekly report on new forces of building cars.

The dispute between Evergrande and FF was written into the US 301 investigation, Baoneng set up a new energy technology company, and the retail operation will complete 2.5 billion yuan of financing. The Weimar power battery project started, Tucki signed contracts with NVIDIA and Desai Siwei, Singularity will develop autonomous driving on the NVIDIA platform, Song Haijian will work for Sailin, ES6 will be launched in December, and the production version of Aichi U5 will be unveiled soon.

The dispute between Evergrande and FF was written into the US 301 investigation.

A few days ago, the Office of the US Trade Representative released the latest update information of the 301 investigation report, and the investment dispute between FF and Evergrande was impressively listed.

The US listed FF as a case of intellectual property theft, and the document described in detail Evergrande Xu Jiayin’s plan to introduce the world’s top technology into China by investing $2 billion to acquire 45% equity and controlling FF.

The report quoted Evergrande’s latest semi-annual report as saying that the semi-annual report listed the situation of FF and its great significance to Evergrande’s diversified operation, and emphasized that FF operating in China and the United States had obtained 380 patents.

According to the report, in view of the competitive relationship between FF and, and the operation of the car involves 380 patented technologies, this will greatly enhance China’s core competitiveness in automobile engines.

The report also specifically mentions the recent dispute between Evergrande and FF. After Evergrande injected the first payment of $800 million into FF, the two sides fell into a struggle. FF believes that Evergrande’s refusal to pay has caused the company’s financial dilemma, and its real purpose is to control FF’s ownership.

As for the contents stated in the report, according to the sources close to Evergrande, Evergrande’s investment in FF is purely commercial, and it was submitted for approval according to the relevant legal procedures in the United States.

Baoneng establishes new energy technology company.

Recently, Shenzhen Hongpeng New Energy Technology Co., Ltd. was incorporated with a registered capital of 3 billion yuan.

According to the public information of Shenzhen Municipal Market Supervision Administration, among the registered capital, Baoneng Group subscribed 2.97 billion yuan, accounting for 99% of the shares, and Shenzhen Baoneng Logistics Co., Ltd., the holding company of Baoneng Group, subscribed 30 million yuan, holding 1% of the shares.

The business scope of Hongpeng New Energy includes: technical research and development of lithium-ion batteries, battery materials, lithium polymer batteries, power batteries and waste power batteries; Technical development, sales and technical services of ultra-large capacity energy storage batteries, super capacitors, battery management systems and rechargeable battery packs, photovoltaic energy storage systems and related equipment and instruments; Investing in new energy industry; Technical service, performance test and technical consultation of lithium battery and related products.

Baoneng has accelerated its layout in the automobile industry since 2017, and there are many business segments in the controlled listed companies that are highly related to automobiles. The establishment of new energy technology company this time is another layout of Baoneng Group in the related fields of new energy vehicles.

Zero Run will complete 2.5 billion yuan financing.

A few days ago, Zero Run Auto reported that it planned to complete the 2.5 billion yuan Series A financing. At present, this round of financing has reached nearly 2 billion yuan. The A round of financing was led by Shanghai Electric Group Co., Ltd., followed by Sequoia Capital and Industrial Securities.

Zhu Jiangming, founder and chairman of Zero Run Auto, said that in the A-1 round of financing that has been completed, except for the old shareholder Sequoia Capital, all the other investors are investing in domestic new car-making forces for the first time.

It is revealed that, next, zero-run cars will be financed in different stages in accordance with the development needs of enterprises, and it is estimated that a total of 10 billion yuan will be needed for financing. "At present, our country’s first direct zero-run center has officially opened. On January 3 next year, the zero-run S01 will also be listed soon." 

At present, S01 has been scheduled for the second phase, with thousands of accumulated orders, and its sales target will be set at 10,000 vehicles in 2019.

Weimar power battery project started

On November 19th, Sichuan Xinminya Battery Technology Co., Ltd. signed an agreement with Mianyang Municipal Government to hold a groundbreaking ceremony for a power battery project with a total investment of 16.6 billion yuan in Santai County, Mianyang City, Sichuan Province. The total production capacity of the project is 15Gwh, which can meet the battery requirements of 300,000 vehicles after production.

The fixed assets investment of Xinminya new energy vehicle power battery project is about 13.05 billion yuan, covering an area of about 700 mu, including test center, battery factory, battery sales center, etc. It is planned to produce 15GWh power battery annually.

It is worth mentioning that the investors behind the project are.

Previously, Weimar Automobile also signed a strategic cooperation agreement with China Tower Co., Ltd., and the two sides will cooperate in battery gradient utilization and battery recycling to promote the sustainable development of green and smart economy.

As the power source of new energy vehicles, the power battery is the core of the core of electric vehicles. Weimar will lay out the power battery business this time, or further master the upstream and downstream industrial chains of new energy to better control costs and ensure the orderly delivery.

Tucki signed contracts with NVIDIA and Desai Siwei.

On November 21st, we signed a tripartite strategic cooperation agreement with NVIDIA and NVIDIA’s China partner Desai Siwei on the first day of the NVIDIA Global GTC Conference in Suzhou to jointly develop L3-level technology suitable for China’s traffic environment and driving scene.

Based on Xavier’s hardware foundation, Xpeng Motors will provide a self-developed Chinese autopilot software system, and cooperate with Desai Siwei to complete the hardware development of the autopilot computing platform.

It is planned to realize L3-class Chinese-style automatic driving function on new models in Xpeng Motors in stages from 2020, and gradually realize fully automatic driving in various road conditions between cities, automatically finding parking spaces and parking in parking lots, cruising in morning and evening rush hours, automatically switching the best lanes of expressways and maintaining continuous automatic driving, and automatic driving based on navigating the best route and customizing the route individually.

Dr. Gu Junli, Vice President of Autopilot in Xpeng Motors, Rishi Dhall, Vice President of Global Automotive Business Development of NVIDIA, and Gao Dapeng, General Manager of Desai Siwei attended the signing ceremony, and announced that the three parties will continue to carry out in-depth cooperation. On the basis of hardware cooperation, they will also have in-depth exchanges in data collection and calibration, software development and cloud training.

Singularity will develop autonomous driving with NVIDIA platform.

On November 21st, at the GTC China 2018 conference in NVIDIA, Singularity announced that it would adopt NVIDIA DRIVE AGX Xavier AI chip to develop L3 and higher-level self-driving cars.

The NVIDIA DRIVE AGX Xavier platform is open and scalable, and at the same time, it has achieved unprecedented performance of processing 30 trillion operations per second to deal with diverse and deep learning algorithms for autonomous driving.

The Singularity Auto Driving Team will be led by Huang Yu, the chief scientist, to develop L3 or higher autopilot technology using the NVIDIA DRIVE AGX Xavier platform.

It is expected that L3 autopilot research and development will be officially completed in 2019, and mass production will be officially realized in 2020, and it is planned to upgrade to L4 level through OTA in the later stage.

Song Haijian works for Sai Lin.

Jiangsu Sailin Automobile Technology Co., Ltd. recently announced the appointment of Song Haijian as the director of electronic and electrical engineering, responsible for the development of vehicle electrical system.

Song Haijian graduated from University of Shanghai for Science and Technology and has 15 years of working experience in the field of automotive electronics development. Before joining Sailin, Song Haijian worked as the director of the electronic and electrical department in Fengdu (Changzhou) Automobile R&D Institute, and was responsible for the management of the intelligent electronic and electrical department in Yachuang (Shanghai) Engineering Technology Co., Ltd., responsible for the formulation of various technical schemes and project monitoring, and was also responsible for the management of the electronic and electrical department in Shanghai Shikejia Vehicle R&D Center, with very mature experience in team management and project development.

As the director of electronic and electrical engineering, Song Haijian said: "In the future, I will lead the team to build a more comprehensive and efficient electronic and electrical development system, and actively promote the penetration of vehicle architecture concept and platform concept in products, focusing on functional safety, network security, Ethernet application and other new technologies."

Ma Chunye, vice president of Sailin Automobile and president of the R&D Institute, said: "Song Haijian is familiar with the electronic and electrical architecture of the whole vehicle, the diagnostic development and testing of the network connection, the technical details of the environmental testing process of the whole vehicle function, and the technical characteristics of intelligent driving and network connection. He can deeply integrate traditional electronics and emerging intelligent networking technology, and can effectively apply it to demanding vehicle research and development projects. "

Weilai ES6 was launched in December.

In 2018, NIO Day Weilai Day will be held in Shanghai on December 15th, and its brand-new medium-sized pure electric vehicle, ES6, will be released on that day.

From the appearance, Weilai ES6 can be regarded as the smaller ES8, but its official claim is that the endurance of ES6 is stronger than that of ES8, and its price is 80,000-100,000 yuan lower than that of ES8.

In the third quarter financial report released by Weilai, it was mentioned that the production line transformation of ES6 is currently underway. In addition, according to the information disclosed in Weilai’s prospectus, the ES6 is a 5-seat high-performance electric SUV, which will be delivered in the first half of 2019.

In the second half of the same year, Weilai will equip ES6 with a new electric propulsion system, which will adopt a brand-new dual permanent magnet or PM motor, thus bringing better energy-saving effect.

In addition to the upcoming release of the ES6, Weilai will also launch the benchmark version and six-seat version of the ES8, which has been unveiled at the Guangzhou Auto Show. Compared with the original version of ES8 currently on sale, the benchmark version is newly equipped with NOMI Halo in-vehicle artificial intelligence system, and provides a new car color of starry blue. The six-seat model will be scheduled in January 2019 and delivered in March of the same year.

Aichi U5 production version will be unveiled soon.

Recently, Aichi Automobile announced that its production model of U5 will officially debut on November 29th. The new car is positioned as a medium-sized SUV, which is built on the MAS platform and is expected to be officially launched in the second half of 2019.

The new car will be built based on the MAS platform developed by Aichi Auto, equipped with L2 automatic driving system, and equipped with AQIS air purification, ASMR directional private music, disinfection atmosphere lights, AI-Power battery life, automatic wireless charging and so on.

In addition, the new car is equipped with independent swing doors and welcome seats, and there are also hidden air outlets and defrosters, hot and cold cup holders and refrigerators in the car.

In terms of power, the final production model of U5 will provide a variety of battery packs to choose from. Two battery packs with 53kWh and 63kWh capacity can achieve NEDC battery life of about 325km/400km respectively.

In addition, it also includes a variety of added solutions, and users can freely choose from three gradients of 60kWh-80kWh to meet the needs of different commuting mileage.

Double row erri games how to play erri games introduction

  There is a TV puzzle level in the first and middle stages of the game in pairs, which requires players to complete the words. Specifically, the DE in the upper left corner is placed in the missing part behind ERRI, and the OV is placed in the missing part in front of ERRI, so that the customs can be cleared.

  The graphic strategy is as follows:

  At the beginning of the first and middle chapters of the game, there will be a TV decryption level, in which the first level requires the player to complete the words, that is, the player puts the DE in the upper left corner in the missing part behind ERRI and the OV in the missing part in front of ERRI, as shown in the following figure:

Deep Blue S07 is the first in the whole department to take Huawei Gankun Intelligent Technology, and it is a new mainstream SUV for new energy vehicles within 200,000 yuan.

Deep Blue S07 is the first in the whole department to take Huawei Gankun Intelligent Technology, and it is a new mainstream SUV for new energy vehicles within 200,000 yuan.

Deep Blue S07 is the first in the whole department to take Huawei Gankun Intelligent Technology, and it is a new mainstream SUV with 200,000 new energy vehicles. The intelligent parking assistant APA, remote parking assistant RPA and parking service auxiliary AVP, which are launched at the same level, can realize real "parking at sight", and the sentry mode can realize parking monitoring, safety warning and remote monitoring, so that the car can always give an early warning when facing danger. Deep blue S07 is the first in its class to take 3C super fast charge, with SOC of 30% ~ 80% charging time ≤15mins, charging for 10 minutes and battery life of 100 kilometers, which opens up a new blue ocean in the market segment of new energy vehicles. # 200,000, the first Huawei intelligent driver # # Left hand deep blue super extended range right hand Huawei Gankun intelligent # # Deep blue S07# # Advanced intelligent affirmative experience #

Comparing 25 models of Krypton 001, Tengshi N7 and Aouita 12, who is the "real fragrance" choice in pure electricity field?

With the end of the Eleventh Holiday, many people have experienced the convenience of intelligent configuration of new energy vehicles. Intelligent cockpit and autopilot system undoubtedly add a lot of fun to modern travel. Then, how to choose a pure electric vehicle with a budget of around 300,000, which is both luxurious, comfortable and intelligent? Today, we will compare three popular models-the 2025 Extreme Krypton 001,, and see who is more competitive in terms of intelligent driving and overall performance.

First, let’s look at the 2025 Krypton 001. As one of the flagship models of Krypton brand, it has made a remarkable breakthrough in the field of intelligent driving. Equipped with the vast intelligent driving 2.0 system, the core is equipped with two NVIDIA Orin-X intelligent driving chips, finally reaching 508TOPS. This powerful computing power not only enables it to cope with complex road conditions, but also performs particularly well in parking, city driving and high-speed driving.

Thanks to the deep integration of Scene Cognitive Macromodel (SCM) and Interactive Regulatory Macromodel (IPM). SCM supports the identification of more than 1000 new traffic scenes, which improves the accuracy by 120%, while IPM realizes more accurate path planning and decision-making ability by simulating the driving mode of old drivers. In addition, the new car is equipped with a 200-meter long-range lidar and a variety of sensors, which can perceive and identify the surrounding environment in real time and provide comprehensive protection for safe driving.

Next, let’s take a look at Tengshi N7, a medium-sized coupe SUV that focuses on youthfulness and luxury, and also performs well in intelligent driving. According to different configurations, Tengshi N7 provides two sets of driver assistance systems, DiPilot 100 and DiPilot 300. Among them, the high-end version of DiPilot 300 has 33 sensors including dual lidar, millimeter-wave radar and 800W pixel binocular camera, which can realize high-precision automatic driving function. In addition, this car also supports high-speed navigation, city navigation and narrow road traffic, providing a full-scene driving assistance experience. Although Tengshi N7′ s performance in the field of intelligent driving is slightly inferior to that of the "first echelon" model, its function is practical and easy to use, and it is not a problem to meet the daily needs of most users.

Last but not least, Aouita 12, as a strong competitor in the field of intelligent driving, is equipped with Huawei ADS 2.0 system, with three laser radars and 29 sensors as standard, realizing high-order automatic driving function. Different from the traditional scheme that relies on high-precision maps, Aouita 12′ s NCA function can achieve unimpeded nationwide, and its adaptability is very strong. In addition, Aouita 12 constantly optimizes its driving functions through OTA update, such as the use of tidal lane and bus lanes, and the newly added lateral anti-collision function, all of which improve the safety and convenience of vehicles.

Through the comparison of these three models, it is not difficult to see that they have achieved good results in the field of intelligent driving. With the powerful integration of hardware and software, the 2025 Extreme Krypton 001 is obviously superior to the other two models in intelligent driving performance. Tengshi N7 has won the favor of many users for its practicality, while Aouita 12 has become a dark horse in the field of intelligent driving relying on Huawei’s technical strength. So, which one will be your ideal car?

Chery iCar V23 went public with 99,800 cases.

On December 16th, Gaspar learned that Chery Automobile’s new iCAR V23 car was officially launched.

ICAR V23 is a "square box" SUV with two configurations. The price of 401 two-wheel drive advanced version and 501 four-wheel drive advanced version is 109,800 yuan and 139,800 yuan respectively.

In addition, iCAR V23 also launched a "gift for young people from Mr. Yin (Chairman of Chery Automobile Yin Tongyue)"-301 two-wheel drive youth version, with a price of 99,800 yuan.

It is reported that the iCAR V23 is 4220mm long, 1915mm wide, 1845mm high, with a wheelbase of 2735mm, a approach angle of 41, a departure angle of 35 and a minimum ground clearance of 210mm (four-wheel drive version), and offers various color schemes such as Mediterranean blue, Hermes orange, dark night, gray, green, silver and white.

In terms of intelligent driving configuration, iCAR V23 can choose a variety of grille styles, and has reserved several modification spaces. It has built-in Qualcomm Snapdragon 8155 chip, supports in-vehicle 5G, has L2++ intelligent driving solution, and supports the expansion of wireless CarPlay, mobile phone USB screen projection, mainstream game machines and other devices.

In addition, the intelligent assisted driving of the car adopts the horizon J3+TDA4 scheme, including 8 megapixel forward-looking camera, 3 megapixel panoramic camera, 5 millimeter-wave radars and 12 ultrasonic radars, and supports high-speed NOA navigation, emergency lane keeping, traffic congestion assistance, automatic parking, remote parking, memory parking and other functions.

Chery iCar V23 went public with 99,800 cases.

Source: iCAR car

In terms of power configuration, iCAR V23 provides two power systems, one is a single motor with a maximum power of 100kW, which uses lithium iron phosphate batteries; The other is a dual motor with a maximum power of 100kW+55kW, which uses ternary lithium batteries.

At the meeting, Yin Tongyue, Chairman of Chery, said that Saudi partners had told him that there were three types of cars sold in the Middle East market:

One kind is a tool car, and the China car is currently a tool car; One is to sell assets that can preserve value, such as brands like Toyota; One is luxury cars that can improve social status, such as Mercedes-Benz and BMW.

However, Chery will never be willing to sell only cars and vehicles. Chery will also turn cars into assets, and at the same time, it will also become a symbol of users’ social status and hope to become a collection in users’ homes.

Changan Auchan succeeded again, pure top student.

Due to the different policies in different places, the development of fuel vehicles and new energy vehicles in different places is also different. What xiaobian brought today is. Not much to say, let’s take a look.

Let’s take a look at the appearance of Changan Auchan X7 PLUS. The front face design of Changan Auchan X7 PLUS is more fashionable and simple, which makes people unforgettable. Coupled with the steady headlights, it is very eye-catching. The car is equipped with LED daytime running lights, automatic opening and closing, delayed closing and so on. Coming to the side of the car, the body size of the car is 4730MM*1870MM*1720MM. The car adopts simple and fashionable lines, and the side wall looks very hard. With large-sized thick-walled tires, the shape is quite spiritual. In the rear part, the overall shape of the rear of Changan Auchan X7 PLUS echoes the front face, and the taillights present a sharp design style with a cool shape.

Sitting in the car, the interior looks very atmospheric and the visual effect is very good. The steering wheel of the car is well designed, made of leather and full of design sense. Take a look at the central control, and with the 12.3-inch touch-sensitive LCD central control screen, the interior design is quite layered, which meets the aesthetic standards of most consumers. The dashboard and seats give people a good feeling, too. Let’s take a look. The car is equipped with a personalized dashboard, which highlights the trendy temperament. The car uses imitation leather seats, equipped with functions such as electric seat adjustment and seat proportion tilting, and the overall comfort is good.

Changan Auchan X7 PLUS is matched with a wet dual clutch (DCT) gearbox, with a maximum power of 138KW and a maximum torque of 300N.m, which shows good power performance.

In terms of functional configuration, Changan Auchan X7 PLUS is equipped with car networking, driving mode selection, remote control key, Bluetooth key, rear wiper, engine start and stop and other configurations.

After reading this car, I believe you also have a general understanding. This level of models can often take into account the cost performance and practicality, and is often considered by most consumers as the first choice when buying a car.

Be put on record for investigation! The latest response from the customer service and securities department of Liangpin Shop.

K figure 603719_0

  Recently, "anti-counterfeiting bloggers have been exposed.The news that the ingredient list is fraudulent has attracted market attention. On November 4th, the market supervision department of Dongxihu District in Wuhan issued a notice saying that the case had been investigated. On the same day, official website issued a statement in response, and its affiliated listed company (Liangpin Store, 603719.SH) also disclosed the announcement for explanation.

  On November 5, the reporter of Nancai Express asked the customer service of the official flagship store of Tik Tok Liangpin Store about the investigation of the company, and the other party replied, "On the day of the complaint, our company also sent samples to the inspection agency for inspection.The market supervision and management department first registered and sealed the samples of the products fed back by the blogger in our warehouse for the next sampling inspection. We will continue to pay attention to the results and resolutely safeguard our legitimate rights and interests through legal weapons. "

  The reporter also called Liangpin Shop.Ministry, relevant people responded,The products related to this matter have been sent to the local State Administration for Market Regulation for inspection, but the other party has not yet given the specific time. Once the results are available, the company will inform you through official channels..

  Be placed on file for investigation

  On November 4th, the market supervision department of Dongxihu District in Wuhan issued a briefing.

  According to the circular, recently, an informer provided clues about "sweet potato starch was not detected in hot and sour powder" and "cassava gene was detected in Gui Xiang nut lotus root powder" allegedly commissioned by Hubei Liangpinpu Food Industry Co., Ltd. under the jurisdiction of Dongxihu Lake. Wuhan Dongxihu District Market Supervision Bureau said,The case has been investigated and dealt with according to the law.

  Liangpin shop responded before.

  On November 3rd, online celebrity blogger "Song Ge Da Hu" teamed up with another counterfeiter "Bounty Hunter Ashes" who had counterfeited Northeast Yujie, and jointly released a variety of products of the video counterfeit shop. The problems involved included the falsification of ingredients list, adulteration of cassava flour with lotus root starch as raw material, and no "powder" in hot and sour powder.

  After the event was fermented, a large number of netizens poured into the comment area related to the good shop to leave a message. At present, the live broadcast rooms such as the Tmall flagship store of the good shop have closed comments.

  On November 4th, Liangpin Store officially issued a statement saying that after preliminary investigation, the related products were all qualified in the multi-batch inspection by the company and the manufacturer this year.At present, the local regulatory authorities have sampled the company’s related products and conducted investigations.

  That night, the listed company associated with Liangpin Store also disclosed that after preliminary investigation, the related products were all qualified in the multi-batch inspection of the company and the manufacturer this year. On November 4, the company submitted a request to the market supervision department to immediately initiate an investigation on this matter. The company will cooperate with the investigation and the relevant results will be announced to the public as soon as possible.The income of related products in this event from January to September 2024 accounted for a small proportion of the company’s income.

  As of midday, the share price of Liangpin Store rose 0.24% to 12.40 yuan/share, with a total market value of about 4.92 billion yuan.

  (Disclaimer: The content of the article is for reference only and does not constitute investment advice. Investors operate accordingly at their own risk. )

3,400 intelligent networked vehicles in Changsha have landed to build the world’s largest vehicle networking application.

  China News Service, Changsha, September 8 (Fu Jingyi) "We have built the world’s largest car networking application and promoted its landing. At present, 3,400 intelligent networked vehicles have landed in Changsha." Ma Wei, co-founder and CEO of Changsha Intelligent Driving Research Institute, revealed on the 8th that in the future, Changsha will control public transport, municipal vehicles and traffic lights by car networking throughout the city to create a new ecology of smart cities.

  Intelligent networked car is a self-driving car that can access the Internet, has multiple sensors, can send and receive signals, sense the surrounding physical environment, and interact with other vehicles or entities. At the 2020 Internet Yuelu Summit, which opened in Changsha on the same day, Ma Wei delivered a speech entitled "The Internet of Vehicles Helps Smart Transportation-The Advanced Way for the Development of a Self-driving City? "Speech.

  Ma Wei introduced that the practice of Changsha’s self-driving city has gone through three years. In 2018, the largest autonomous driving test area in China was opened, with 1,230 mu of 5G full coverage. In 2019, the closed-loop project of intelligent networked vehicles was completed. The test area has 100 kilometers of high-speed and 100 square kilometers of urban roads, and the largest open road vehicle networking coverage in China was completed, as well as the landing test of Baidu driverless taxis, heavy trucks and sanitation vehicles.

  Ma Wei said that in 2020, Changsha put forward the requirement of intelligent networked vehicles to complete the closed-loop market, so that citizens can enjoy the benefits of intelligent networked vehicles. Therefore, the research institute cooperated with Xiangjiang New District to find out the just-needed application of active bus priority, and built the world’s largest car networking application and promoted its landing. "We use the Internet of Vehicles to control traffic lights throughout the city. When the bus approaches and sends a priority request, the traffic lights will be optimized according to the overall situation and released for the bus."

  On April 19, 2020, Baidu Apollo self-driving taxi was fully opened to the public in Changsha, with an operating range of about 100 square kilometers. Eleven days later, China’s first "Smart Bus Line 315" was opened to the public in Changsha.

  Ma Wei pointed out that the use of assisted driving on open roads has great potential for improving the convenience and effectiveness of urban traffic. Changsha, a self-driving taxi, is in the forefront, but it still faces three challenges: technical maturity, regulatory tolerance and cost control. (End)

Can Wuling Hongguang miniev get on the expressway?

In the trend of pursuing convenience and environmental protection, Wuling Hongguang MINI EV is undoubtedly a dazzling star. This miniature pure electric vehicle is designed to shuttle on the highway to meet the needs of urban travel. Its power system is driven by a rear-mounted motor, which has strong rear-wheel driving force, the maximum power is 20kW, and the torque reaches 85Nm.

Hong Guang MINI EV has a compact body size, with a wheelbase of 1940mm, a length, width and height of 2917mm, 1493mm and 1621mm respectively, which makes it move freely in the city. In order to optimize the space utilization ratio, its rear suspension adopts non-independent design, which can not only expand the space of passenger compartment and trunk, but also reduce the manufacturing cost, help maintain the people-friendly price strategy, and thus enhance the market competitiveness.

Different from internal combustion engine vehicles, the advantages of pure electric vehicles lie in the quietness and high efficiency of their motors. On stop-and-go urban roads, the torque output mode of MINI EV enables it to exert powerful power at low speed without reaching high speed. This feature makes it particularly suitable for urban travel.

五菱宏光MINIEV

Generally speaking, Wuling Hongguang MINI EV is not only suitable for driving on urban expressways, but also provides drivers with a unique driving experience because of its small size, economy and environmental protection. It proves the potential and value of small electric vehicles with practical actions.