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　　Defective product recall, and new information. The reporter learned today (February 2) from the State Regulation for Market Regulation that Volvo & Volkswagen, BMW & BAIC Saab urgently recalled some models.

　　Volvo recalls some imported XC90 and V90CC vehicles

　　Volvo Cars Sales (Shanghai) Co., Ltd. has decided to recall the following vehicles from January 13, 2023, with a total of 14 vehicles: 13 imported XC90 vehicles for the 2019-2022 model year produced from November 15, 2018 to April 22, 2022; 1 imported V90CC vehicle for the 2022 model year produced on January 4, 2022.

　　Some vehicles within the scope of this recall may be blocked due to an excess screw falling into the steering housing, which may cause the steering machine to be blocked. In extreme cases, the steering system will be locked, posing a safety hazard.　

　　Volvo Cars Sales (Shanghai) Co., Ltd. will replace the steering gear for free for vehicles within the scope of the recall to eliminate safety hazards.

　　Volkswagen is recalling some imported Beetle cars

　　Volkswagen (China) Sales Co., Ltd. has decided to recall from February 6, 2023 some 2015-2016 imported Beetle series vehicles produced between June 20, 2014 and July 26, 2016, totaling 20,410 vehicles.

　　The driver’s front airbag of the vehicles within the scope of this recall is equipped with a desiccant ammonium nitrate gas generator produced by Takata. After the vehicle is used for a long time, if the driver’s front airbag is triggered to deploy in a collision accident, the gas generator may be abnormally damaged, causing debris to fly out and injuring the occupants of the vehicle, which poses a safety hazard.　

　　Volkswagen (China) Sales Co., Ltd. will commission authorized dealers to replace the improved driver front airbags for vehicles within the scope of the recall free of charge to eliminate safety hazards.　

　　BMW is recalling some 5 Series vehicles

　　BMW Brilliance Automotive Co., Ltd. has decided to recall some domestic 5 Series vehicles produced from September 2, 2019 to December 26, 2020, with a total of 171,828 units, effective January 17, 2023.　

　　Due to software issues, the vehicles within the scope of this recall may have a black screen of the combined instrument, which cannot display necessary vehicle information (such as vehicle speed, etc.), posing a safety hazard.　

　　The recall comes as the State Administration for Market Regulation has launched a defect investigation. BMW Brilliance Automotive will program the recalled vehicles free of charge to eliminate safety hazards.　

　　IV. BAIC Saab recalls some Saab D50 vehicles

　　Beijing Automotive joint stock company decided to recall the Saab D50 cars produced from August 25, 2013 to October 16, 2017, with a total of 107,511 vehicles from February 1, 2023.

　　In some vehicles within the scope of this recall, the drain hole of the front windshield glass rain collecting tank may be blocked by foreign objects, causing water to enter the passenger compartment, and in extreme cases, causing internal corrosion of the airbag controller, the airbag cannot work normally, and there are safety hazards.

　　The recall was carried out under the condition that the State Administration for Market Regulation initiated a defect investigation. The Beijing Automotive joint stock company will take relevant measures such as removing drain hole plugs on the vehicles within the scope of the recall to eliminate safety hazards.　

　　(Jiangsu Radio and Television Financial Media News Center/Shen Yang, Editor/Xu Weiqi)

[Autohome Daqing Discount Promotion Channel] Special Report: A grand car purchase promotion is being launched in Daqing area, bringing real car purchase benefits to consumers. At present, the Jaguar XFL model is in the price reduction promotion stage, the highest discount is amazing, as high as 159,900 yuan. The starting price has been adjusted to a very attractive 280,000 yuan, which undoubtedly provides a rare car purchase opportunity for car buyers. Friends who want to know more specific discount information and strive for higher car purchase discounts must not miss this once-in-a-lifetime opportunity. Click the "Check Car Price" button in the quotation form to seize the perfect opportunity of this price reduction promotion!

As a luxury business sedan, the Jaguar XFL combines classic and modern design elements. The front face design shows the iconic characteristics of the Jaguar family, and the bold air intake grille is decorated with exquisite chrome trim to create a strong visual impact. The overall style is elegant and dynamic, and the body lines are smooth, showing the unique charm of British luxury cars, so that people can recognize its noble identity at a glance.

With its fine body design, the Jaguar XFL presents an elegant side profile. The body size is 5102mm x 1890mm x 1456mm, and the wheelbase reaches 3100mm, which not only guarantees a spacious interior space, but also gives the body a streamlined dynamic feeling. The front and rear wheel tracks are 1605mm and 1609mm respectively, strengthening the stability of the vehicle. The tire size is 245/40 R19, and it adopts a dynamic wheel hub design, which not only enhances the driving performance, but also adds the visual impact of the vehicle, which together shapes the unique side image of the Jaguar XFL.

The interior design of the Jaguar XFL shows a blend of elegance and modernity, highlighting its luxurious positioning with exquisite craftsmanship and high-end materials. The spacious cockpit features a leather-wrapped steering wheel, which not only feels comfortable, but also supports manual and electric up and down + front and rear adjustments to ensure that drivers can adjust the best position according to their needs. The 11.4-inch central control screen highlights the sense of technology, integrates multimedia systems, navigation and phone functions, and is easy to operate. The automatic speech recognition system enhances driving pleasure and safety.

In terms of seats, the Jaguar XFL is made of luxury leather, providing front and rear adjustment, backrest adjustment, high and low adjustment and waist support to ensure passenger comfort. The main driver’s seat has 4-way electric adjustment and heating function, and is equipped with electric memory function to further meet the driver’s personalized needs. The car is also equipped with USB and Type-C ports, as well as wireless charging function of mobile phones, to meet the daily entertainment and charging needs of passengers. The overall interior design is designed to create a luxurious and practical ride experience.

The Jaguar XFL is powered by a powerful 2.0T turbocharged engine with a maximum power of 184 kilowatts and a peak torque of 365 Nm, providing outstanding driving performance. This engine works well with an 8-speed automatic transmission to ensure a smooth driving experience and efficient power transmission.

To sum up, Autohome owners have praised the appearance of the Jaguar XFL, believing that its design is very attractive, which is the charm at first sight. This undoubtedly reinforces the unique position of the Jaguar XFL in the market, fully satisfying consumers’ dual pursuit of elegance and performance. In the process of choosing a car, appearance is often one of the important factors for car owners to consider, and the Jaguar XFL has clearly won the love of car owners in this regard.

At Autohome Changchun Promotion Channel, we bring you the latest market trends. This high-profile model is currently enjoying a full-scale promotion. In Changchun, a beautiful car city, car buyers can enjoy a cash profit of up to 43,000 yuan, making the original starting price 116,800 more attractive. This is a great opportunity not to be missed. Click the "Check Car Price" button in the quotation form to get more competitive discounts and enjoy the joy of buying a car.

As a luxurious and modern model, the Hongqi H5 attracts attention with its exquisite exterior design. The front face adopts a classic family-style design, and the large-area straight waterfall air intake grille shows a solemn atmosphere. With sharp LED headlights, it gives the vehicle a strong visual impact. The overall style is smooth and elegant, and the body lines are simple, highlighting the elegance of a high-end car. The side profile is tough and powerful, and the tail design is full and fashionable, which together shape the unique styling aesthetics of the Hongqi H5.

As a delicate and elegant sedan, the Hongqi H5 has a body size of 4988mm*1875mm*1470mm and a wheelbase of 2920mm, giving it a spacious and comfortable ride space in the car. Its front wheelbase is 1615mm and the rear wheelbase is 1607mm, ensuring good stability and handling performance. The tire specification is 225/55 R17, and the exquisite 17-inch wheel design not only enhances the appearance of the vehicle, but also provides solid support for its driving. The side lines are smooth, showing the high-end and dynamic of the Hongqi brand, highlighting the driver’s extraordinary taste.

The interior design of the Hongqi H5 fully reflects its concept of both luxury and technology. With a delicate leather steering wheel, it not only feels comfortable, but also supports manual up and down + front and rear adjustment to ensure the best operation experience for the driver. The center console is equipped with a large 12.6-inch screen with clear display effect. It integrates various functions such as multimedia system, navigation, telephone and air conditioning to meet daily driving needs. The seats are made of imitation leather material to provide good touch and support. The main and passenger seats support multi-directional adjustment, including front and rear, backrest and high and low. The sub seats also have front and rear adjustment and backrest adjustment functions. The front seats are specially added with ventilation function to make the ride more comfortable. The USB and Type-C interfaces are equipped to meet the charging needs of passengers’ electronic devices. The distribution of 3 USB interfaces in the front row and 2 Type-C interfaces in the back row fully considers the convenience of passengers. The overall interior design is exquisite, with attention to detail, and the perfect combination of technology and humanized care.

The Hongqi H5 is equipped with a 1.5T turbocharged engine with a maximum power of 124 kilowatts, which can provide strong power support. The engine has a torque output of 258 Nm and is matched with a 7-speed wet dual-clutch transmission, which ensures smooth gearshifts and efficient performance of the vehicle. Overall, this engine is tailor-made for the H5 model and is designed to provide an excellent driving experience and fuel economy.

Overall, the Autohome owner was very satisfied with the evaluation of the Hongqi H5. He emphasized the power performance of the vehicle. The 224 horsepower brought by the 2.0T engine performed well at high speeds, while the stable handling was reassuring. The owner also expressed his appreciation for the chassis and exterior design of the vehicle, believing that they not only demonstrate the stability of the Hongqi brand but also the atmosphere. The interior design was also affirmed by him, believing that it is a perfect combination of appearance and practicality. In addition, the richness of the configuration also meets the various needs of the owner. To sum up, the Hongqi H5 has undoubtedly won the trust and satisfaction of the owner @Zhong Pei with its excellent performance.

　　Shanghai Securities Daily China Securities Network News (reporter, Qiu Dekun) On August 10, the reporter inquired about Tianyancha and found that recently, Yingzhi Thermal Management Technology (Jiaxing) Co., Ltd. (hereinafter referred to as "Yingzhi Thermal Management") has undergone industrial and commercial changes, and the new shareholders include Beijing Xiaomi Zhizao Equity Investment Fund Partnership (Limited Partnership).

　　According to public information, Yingzhi Thermal Management was established in 2021 and is mainly engaged in the research and development, production and sales of new energy vehicle thermal management systems and core components. Smart Bud shows that Yingzhi Thermal Management has recently focused on the technical fields of rotary synchronization, servo drive, precision control, power plant, and multi-function stator. It has published 15 patent applications, accounting for 33.33% of invention patents.

　　Avita 12, the future luxury smart car, has broken through the sales mark of 20,000 units in less than a month, ushering in a sales boom. Now, the national delivery process of Avita 12 is in full swing, but it is still facing a lot of pressure due to factors such as hot sales. A few days ago, Avita held a "meeting this moment" user meeting in Chongqing, showing the outside world that Avita 12 will deliver 8,000 units in March.

　　It is reported that Chen Zhuo, president of Avita Technology, and Yong Jun, assistant vice president, attended the scene and shared the latest developments of Avita 12 with users. Among them, Chen Zhuo expressed his sincere apologies to users who failed to mention the car during the Spring Festival, and explained that due to the hot orders of Avita 12, the production capacity failed to meet the delivery demand. He also gave assurance that Avita will work hard in February to complete the adjustment and expansion of the production line, and hit the delivery target of 8,000 units in March.

　　Avita’s statement this time is equivalent to giving a "reassurance" to the majority of users, and also lays the foundation for Avita 12 to further increase its sales in the future. It is worth mentioning that at the 2023 Global Car Annual Ceremony held on January 24, Avita 12 won the "2023 Global Car Annual Award" for its excellent product strength. This award not only proves the market recognition of Avita 12, but also highlights its position in the field of smart luxury cars.

　　Of course, the success of Avita 12 is not accidental. Its appearance and intelligent strength are both, and it occupies a leading position among the models in the same class. Specifically, Avita 12 is based on the design concept of "Future Aesthetics FutureElegance", and the integrated streamlined body is really eye-catching. In addition, the whole series is equipped with advanced technologies such as 3 lidars, Huawei Advanced Intelligent Driving Assistance ADS 2.0 and Hongmeng Cockpit 4.0 as standard, and its strength is leading, enabling it to stand out in the fierce market competition.

　　In addition, Avita also actively responded to user requests and announced the push of OTA upgrades to all Avita users on January 31, 2024. This OTA upgrade of Avita’s dual flagship products evolved simultaneously, among which Avita 12 ushered in the first major OTA upgrade, and Avita 11 was renewed with continuous OTA, ushering in a total of 30 + feature updates. This move not only shows Avita’s adherence to the principle of "user first", but also brings a "frequently used and new" car experience to its products.

　　Based on the above information, the delivery of Avita 12 is not only a major test of its own production capacity, but also a deep response to market demand. Next, with the continuous improvement of production capacity and the continuous optimization of products, it is expected to bring more surprises to users in the future and build an intelligent way of travel.

Fan Bingbing has arrived in South Korea, black trendy clothes are full of star flavor

Fan BingbingWill play Concubine Yang Gui again

Busan venue, 120,000 luminous secondary control to create a dream colorful lighting effect

　　　 According to South Korean media, the new film "Yang Guifei" directed by Guo Zairong has been officially invited to participate in the 16th Busan International Film Festival. The latest news from the filmmaker, Fan Bingbing and Wang Leehom have confirmed to join the film. The two will join hands to appear on the red carpet of the opening ceremony of the Busan International Film Festival held on the evening of October 6. At present, Fan Bingbing has arrived in South Korea, and the organizers of the film festival have specially built the Busan Film Center as the venue for the opening ceremony, and will permanently become the venue of the annual Busan Film Festival. The ceiling of the center is equipped with nearly 120,000 luminous secondary controls to create dreamy colorful lighting effects.

　　　 The movie "Concubine Yang" is a "Love War Epic" co-produced by a first-line filmmaker from China, Japan and South Korea, with an investment of up to 20 million US dollars. In order to restore the prosperous era of the Tang Dynasty, the film will spend over 100 million yuan to create a panorama of the prosperous Tang Dynasty, reproducing gold, iron horses and magnificent historical pictures. At the same time, the film takes love as the core and tells a series of stories of wars and court conspiracies derived from love. The film contains various elements such as love, action, war, and court conspiracy.

　　　 The film is the latest masterpiece of director Guo Zairong, who has directed works such as "If Love Has God’s Will", and the much-anticipated female lead "Concubine Yang" candidate has been attracting attention from all parties since the film held a global launch ceremony in April. The Asian A-list actresses are all on the shortlist, and finally she will be Fan Bingbing, who will lead the film alone and play the first beautiful woman in ancient times. Concubine Yang, the ups and downs and the tragic life.

　　　 In addition, Wang Leehom is also confirmed to join the film, but his role in the film is still secret and unannounced, becoming the focus of everyone’s attention. This has also made the outside world speculate whether Wang Leehom will play the majestic and domineering generation king Tang Minghuang, or the unruly "Poetry Immortal" Li Bai, or the treacherous and treacherous traitor An Lushan. It is reported that Director Guo Zairong will reveal the mystery of Wang Leehom’s role at a press conference on the afternoon of the 7th.

Next page More wonderful pictures

Beijing, August 20 (Reporter, An Yao) The "14th Five-Year Plan" and the outline of the long-term goals for 2035 propose to give full play to the advantages of massive data and rich application scenarios, promote the deep integration of digital technology and the real economy, empower the transformation and upgrading of traditional industries, give birth to new industries, new formats and new models, and strengthen the new engine of economic development. Frequent actions at the national level show that digitalization is the general trend. "Accelerate digital development and build a digital China". In this magnificent tide of digital economy, the territory actively responds to the national call, closely follows the 14th Five-Year Plan, accelerates digital construction, and builds green and smart real estate.

Smart operation

Digital transformation of business management

Recently, Territory Group held a launch meeting for the construction of a full-service procurement via bidding supply chain platform to promote the standardization, online and refined management of procurement via bidding business, and is committed to establishing an industry-leading multi-sector supply chain management and control system for the whole industry, creating a comprehensive platform for large suppliers, forming group management standards, building an online digital management platform, realizing the real-time dynamic display of the group’s procurement via bidding supply chain data, enabling the risk to be known and controllable, and the closed-loop management of the whole business of procurement management. Accelerate the digital transformation of enterprise management.

With the business plan as the breakthrough point, it closely revolves around the 16-word core goal of "operation calculation, operation monitoring, management landing, scientific decision-making". It empowers business development through technological and digital real-time dynamic management, deeply explores the growth points of science and technology business, and helps to exert the true effectiveness of the digital "engine".

Smart Investment

Smart investment research and judgment

The territory is empowered by the digital economy and relies on the latest scientific information technology, big data, 5G, artificial intelligence, cloud computing, and the Internet of Things to apply big data to the entire industrial process and different scenarios such as construction, testing, sales, and service, in order to achieve the goal of reducing costs and increasing efficiency and improving product quality.

In the context of the exponential growth of data in various industries, there has been a shift in analysis methods and decision-making thinking guided by big data thinking and supported by big data technology, and the real estate industry is facing many opportunities and challenges. The territory conforms to the development trend of the times, grasps the latest industry trends, uses data lake visualization as a carrier, makes big data the basis for decision-making, quickly uses multi-dimensional spatial units and data resources to superimpose analysis, and provides a professional model for market research and judgment. In the ever-changing market, grasp the overall situation of land, city, population, economy, and competing products, and improve the intelligence of investment research and judgment, so as to achieve long-term stable development.

(Schematic diagram, provided by the enterprise, issued by CCTV Network)

Smart Building

Artificial intelligence deep fusion

The real estate industry needs to promote new urban infrastructure buildings based on informatization, digitalization and intelligence, with intelligent construction as an important breakthrough point, based on the development of artificial intelligence technology, and through digital collaborative design, build an Internet-based engineering project information management and control platform.

(Schematic diagram, provided by the enterprise, issued by CCTV Network)

In the form of intelligent construction, the territory will develop a cloud supervision system, applying drone mapping and construction robot dots to engineering surveying and mapping, AI design dots to engineering design, and BIM systems to large-scale complex engineering design.

Smart Market

New ways to play online marketing

As residents’ demand for the quality of housing products further increases, housing enterprises should adapt to market demand and use big data to assist customer research and intelligent marketing, so as to provide more innovative high-quality products and achieve long-term development.

In the more than 20 years of deep development, the territory has always adhered to "customer-centric", laid out the field of digital marketing, actively explored new ways of online marketing, through digital insights, early warning, monitoring and decision-making, deeply reached consumers, precipitated customer digital assets, and made marketing smarter. The development of the online home purchase platform Lingfentong, the generation of the VR home viewing system, and the launch of the AI voice badge have all realized the mutual empowerment of the online sales office and the offline sales office, accelerated the construction of the smart case field, and added a brilliant stroke to the intelligent development of the territory.

(Schematic diagram, provided by the enterprise, issued by CCTV Network)

Smart Community

Healthy life is better

With the property service as the foundation, the service platform as the medium, and the smart technology as the means, through the construction of the digital community service platform and the "3 + 2 + N service product system", the new community service APP is launched. While empowering technology, the community service, Facility Management, and owner’s life are organically integrated, and the interconnection between people, equipment, and events is built to realize the smart community of co-construction, co-governance, and contribution management mode.

The smart community is the cell of the smart city, and it is also a major trend in the current development. The territory has built the territory’s smart community IP through four measures: building standards (sorting out the smart community configuration list, unifying hardware technical parameters and access standards), unified management (building a unified IoT bottom platform), expanding applications (gradually expanding the application platform for operation), and creating ecology (promoting the integration of all business industries).

(Schematic diagram, provided by the enterprise, issued by CCTV Network)

All things are connected, wisdom is endless, the territory is at the product end, the control end, and the operation end to create a smart community of all borders, and to create a place of return with healthy passage (no-feeling pedestrian, no-feeling car dealership, visitor management, serving the crowd); to create a safe place with comprehensive protection (community security, care for the elderly and young, fire safety, family safety); to create a safe place with perfect services (community delight, information release, smart APP, smart convenience); to create a core place with whole house intelligence (smart scene, ultimate security, intelligent lighting, smart interaction); to create a smart place with Huiyun management (smart property, public area care, environmental monitoring, AIOT cloud platform), and to pay tribute to future human settlements with technology.

(Schematic diagram, provided by the enterprise, issued by CCTV Network)

Real estate + technology to build a better future. The territory extends and parallels smart families, smart communities and smart cities. At present, it has provided healthy and beautiful home cloud services for more than 100 communities, provided healthy and smart experiences for 260,000 families, and achieved strategic cooperation brand hardcore for more than 30 cities.

In the future, the territory will deepen the development of the industry, complete the digital transformation and upgrade, adhering to the brand concept of "Healthy Life is Better", combine digitalization with corporate vision and business strategy, inject strong impetus into the high-quality development of the industry, and create greater benefits and value for customers.

　　Produced by Sohu Finance

　　Author | Zhang Ying

　　On the evening of January 30, Sailis released its 2022 annual results pre-loss announcement.

　　Cyrus expects to achieve operating income of 33.50 billion yuan to 35 billion yuan in 2022, an increase of 100.38% to 109.36% year-on-year. While revenue doubled, Cyrus’ net profit loss also expanded.

　　In 2022, Sailis is expected to achieve a net profit loss of 3.50 billion yuan to 3.95 billion yuan, the loss expanded by 91.90% to 116.57%; deducting non-net profit is expected to lose 3.85 billion yuan to 4.30 billion yuan, the loss expanded by 37.83% to 53.94%.

　　In a single quarter, Sailis’ fourth-quarter operating income is expected to be 10.38 billion yuan to 11.88 billion yuan, an increase of 97.04% to 125.51% year-on-year; net profit attributable to the parent is expected to lose 825 million yuan to 1.275 billion yuan, and the loss expanded by 11.44% to 72.21% year-on-year.

　　Sailis said that in 2022, the price of raw materials such as chips and power batteries rose sharply, resulting in an increase in production costs; although the sales volume achieved continuous positive growth in the first three quarters of 2022, but due to the multi-point outbreak of the COVID-19 pandemic, it affected the number of passengers entering the store and the development of marketing activities. At the same time, it affected many links such as supply, logistics, production, etc. Product production and sales did not meet expectations, and the investment in fixed assets in the early stage was large, and the depreciation and amortization expenses were high.

　　In addition, Sailis focuses on the field of smart electric vehicles. With the growth of sales of Sailis new energy vehicles, the company’s operating income has increased significantly by 100.38% to 109.36% compared with the same period last year. The company’s gross profit margin has increased compared with the same period last year. During the reporting period, the quarterly gross profit margin has increased positively.

　　In April 2019, Cyrus released the first new electric vehicle SF5. In 2019, Cyrus smart electric vehicles have begun to be gradually put into production, and Chongqing Jinxin Equity Investment Fund increased its equity in Jinkang New Energy Vehicles. The impact of the smart electric vehicle sector on the net profit attributable to shareholders of listed companies in 2019 decreased by 940 million yuan.

　　In 2019, the net profit of Cyrus returned to the parent was still 66.7215 million yuan. In 2020, the net profit of Cyrus returned to the parent achieved the first loss since listing, and the loss reached 1.729 billion yuan.

　　In the three years from 2020 to 2022, the cumulative net profit of Sailis returned to the parent company was 7.053 billion yuan to 7.503 billion yuan.

　　In July 2022, the Chinese name of Cyrus was changed from "Chongqing Xiaokang Industrial Group Joint Stock Company" to "Cyrus Group Joint Stock Company", and the company’s securities abbreviation was changed from "Xiaokang Shares" to "Cyrus", showing the outside world its determination to deepen the field of smart new energy vehicles.

　　Huawei is playing an important role in Cyrus’ foray into new energy vehicles.

　　AITO is a high-end new energy vehicle brand released by Cyrus. Huawei provides support for Cyrus’ AITO brand from the whole process of product design, industrial chain management, quality management, software ecology, user operation, brand marketing, and sales channels.

　　The AITO Wenjie M5 is the first intelligent electric drive SUV launched after the launch of the AITO brand, and was delivered in batches in March. On July 4, the second model, the AITO Wenjie M7, was released and deliveries began in August. On September 6, the first pure electric model of the Wenjie series, the Wenjie M5 EV, was released and shipped from Chongqing to customers at the end of November.

　　In 2022, the sales volume of Cyrus Group totaled 267,200, a slight increase of 0.24% year-on-year. The cumulative sales volume of new energy vehicles 135,100, an increase of 225.90% year-on-year; of which the cumulative sales volume of Cyrus Automobile 80,000, an increase of 626.39% year-on-year.

　　Sales have increased sharply, while facing fierce competition. On January 6, Tesla’s domestic models were reduced in price, Model 3 was priced at 229,900 yuan, and Model Y was priced at 259,900 yuan, setting a record low price.

　　Capital Securities reported on January 11 that the price of Tesla Model Y after the price reduction is 260,000 yuan – 360,000 yuan range, which is expected to intensify competition with NIO ET5, JK 001, BYD Tang EV, and M5 EV.

　　On January 13, AITO announced a price cut for some models, making it the first automaker to follow up after Tesla announced the price cut.

　　Specifically, the price of the M5 EV after the adjustment is 259,800 yuan, and the price of the M7 after the adjustment is 289,800 yuan. The price reduction of all models is 28,800 – 30,000 yuan. The price reduction will have an impact on the gross profit margin of Sailis.

　　According to the performance forecast, Sailis’ gross profit margin increased quarter-on-quarter during the reporting period.

　　According to previous financial reports, from Quarter 1 to the third quarter of 2022, the gross profit margin of Cyrus sales increased from 6.68% to 12.72%.

　　Caitong Securities released a research report saying that Tesla’s price-for-sales strategy will intensify competition in the new energy automobile industry, and marginal brands may be cleared, and industry concentration is expected to increase. At the same time, new energy OEMs and upstream parts companies may face pressure to reduce costs.

Ni Yuefeng went to China Star Network Headquarters Building for on-site investigation and discussion with the leaders of China Star Network Group.

Full service to ensure the construction of China Star Network Group

Give full play to the radiation-driven role of central enterprises

On June 15th, Ni Yuefeng, secretary of the provincial party committee, went to China Star Network Group’s headquarters building project in xiong’an new area for on-site investigation. Hebei Daily reporter Zhao Haijiang photo

Hebei News Network (Hebei Daily reporter Si Jianlei) On June 15th, Ni Yuefeng, secretary of the provincial party committee, went to the construction site of the headquarters building of China Star Network Group in xiong’an new area for investigation, and held a working discussion with Zhang Dongchen, party secretary and chairman of China Star Network Group, and Li Xiaochun, deputy party secretary and director. Ni Yuefeng stressed that it is necessary to thoroughly study and implement the spirit of the important instructions of the Supreme Leader General Secretary and the decision-making arrangements of the CPC Central Committee, fully serve and ensure the construction and development of China Star Network Group, give full play to the radiation-driven role of central enterprises, and accelerate the pace of high-quality development in xiong’an new area.

China Star Network Group is the first central enterprise registered and settled in xiong’an new area. At present, the project of China Star Network Headquarters Building has been fully constructed, and all the constructions have been solidly and orderly promoted. Ni Yuefeng came to the project site to learn about the construction progress on the spot, communicated with Zhang Dongchen in detail, and asked about the difficulties in the construction process. He said that the provincial party committee, the provincial government and xiong’an new area would go all out to serve and guarantee the project construction, ensure that it was completed and put into use as scheduled, and create a good environment for the construction and development of China Star Network Group.

On June 15th, Ni Yuefeng, Secretary of the Provincial Party Committee, held a working discussion with Zhang Dongchen, Party Secretary and Chairman of China Star Network Group, and Li Xiaochun, Deputy Party Secretary and Director. Hebei Daily reporter Zhao Haijiang photo

When talking with Zhang Dongchen and his party, Ni Yuefeng pointed out that China Star Network Group is the core force in the development of China’s satellite Internet industry. In April, 2021, China Star Network Group was incorporated in xiong’an new area, becoming the first central enterprise registered and settled in Xiong ‘an, which has an important demonstration effect. The provincial party committee, the provincial government and xiong’an new area will conscientiously implement the spirit of the important instructions of the Supreme Leader General Secretary, further improve their political stance, take it as an important political task to undertake the relief of Beijing’s non-capital functions and serve the central enterprises to develop in xiong’an new area, and do their best to ensure services in terms of project construction, land supply, policy support and talent introduction. It is hoped that China Star Network Group will further strengthen its strategic cooperation with Hebei, accelerate the construction of its headquarters, make overall plans to promote its subsidiaries and related scientific research institutions to settle in xiong’an new area, give full play to the leading role of leading enterprises, build a satellite Internet industrial cluster, and jointly make greater contributions to the construction of a network power.

Zhang Dongchen briefed Ni Yuefeng on the reform and development of China Star Network Group and thanked the Hebei Provincial Party Committee, the provincial government and xiong’an new area for their support and help to China Star Network Group. Zhang Dongchen said that he will conscientiously implement the spirit of the important instructions of the Supreme Leader General Secretary on relieving Beijing’s non-capital function, take a more proactive attitude, take root in Xiong ‘an, integrate into Xiong ‘an and serve Xiong ‘an, give full play to the advantages of the Group, drive the development of satellite Internet industry in Hebei, and help xiong’an new area build an innovative development demonstration zone that implements the new development concept.

Ge Xiaochun and Mou Xiangjun, leaders of China Star Network Group, and Zhang Guohua and Ge Haijiao, provincial leaders, attended the event.

With the rapid development of AI technology, a technological revolution in the design industry has begun. In the AI era, how can AI design bring better services to designers? Meitu Creativity Conference gave the answer.

From December 5th to 6th, Meitu Creativity Conference (MCC) with the theme of "Future AI Design" was held in Xiamen. This conference was jointly organized by Meitu and Zhanku, focusing on designer ecology and AI design trends. The "2023 AI Design Practice Report" was released at the conference. At the same time, Meitu released version 4.0 of MiracleVision, a self-developed AI vision model, focusing on AI design and AI video generation capabilities.

From image tools to design ecology, Meitu is leveraging AI design to consolidate its "image + design" business and explore productivity scenarios in depth.

AI design has revolutionized the entire design industry, while Meitu Creativity Conference has revolutionized the entire industry.

At the Meitu Creativity Conference, Meitu and Zhanku reached a deep strategic cooperation and jointly launched the "New AI Designer" program to provide AI design tools, learning platforms, professional communities and business opportunities for designers. "We will provide better services for designers to display their innovative talents in the AI era," Wu Xinhong said. "Meitu Creativity Conference is not only an event of innovation and design, but also an important starting point for exploring the future of AI."

Wu Xinhong, founder, chairperson and chief executive of Meitu, said that AI is leading the design industry to a new level.

"The future of AI design is the designer’s imagination plus the productivity of AI." Wu Xinhong believes that AI tools will serve as a right-hand assistant to assist designers in creating more stunning works.

"2023 AI Design Practice Report" Reveals Industry Trends and Opens the Way for AI Designers to Advance

The development of generative AI has greatly enriched the design creation ecosystem, reshaping almost the entire design process.

The "2023 AI Design Practice Report" released at the Meitu Creativity Conference pointed out that nearly half of designers have used specialized AI tools. Especially in the e-commerce industry, designers have initially realized the use of AI to deliver finished products.

However, the popularity of AI tools at the enterprise level is still poor, with only 8% of enterprises using AI tools. Moreover, the current usage rate of foreign AI tools is much higher than that of domestic AI tools, but the report believes that domestic AI tools have great potential. Low threshold, support for Chinese and Asian aesthetics are important advantages of current domestic AI tools. The three major pain points of current AI design tools are inaccurate control, flawed generation, and disputed copyright. In terms of workflow, AI still needs to be combined with traditional tools to complete design delivery at this stage.

But there is no doubt that the involvement of AI in the design workflow has become increasingly deep and mature. And it is foreseeable that in the future, any creative person can use AI tools to realize their own ideas and creativity, and the profession of designer will also be redefined. On this basis, the report proposes three suggestions for design workers in the AI era: one is to improve aesthetics and creative ability; the second is to think more cross-border; the third is to precipitate experience into models, and eventually become the master of AI in practice.

In addition, the report makes five major predictions for AI design trends from 2024 to 2025: first, AI will bring about changes in design generalization and design capability structure, and a group of cutting-edge designers who are good at AI will emerge; second, AI design capabilities and coverage categories will be more perfect, becoming the standard of design workflow; third, AI video generation will usher in a big explosion in 2024; fourth, AI will shine in the marketing field, and there will be several AI marketing cases with national screen swiping in 2024; fifth, by the end of 2024, the utilization rate of AI design tools in the Chinese market, and domestic tools are expected to exceed overseas tools.

Self-developed visual model function upgrade, witnessing the leap in Meitu’s AI capabilities

From the "Emerging AI Designer" program to the "2023 AI Design Practice Report", Meitu’s determination to consolidate the "imaging and design" business is evident.

On December 5, the MiracleVision 4.0 version of Meitu’s self-developed AI vision model was officially unveiled, and two new capabilities were upgraded: AI design and AI video.

In terms of AI design, it is mainly reflected through the four capabilities of vector graphics, text special effects, intelligent layering, and intelligent typesetting. At the same time, the launch of the new visual model store supports the creation of personal visual models, which can help designers achieve unique artistic pursuits;

In terms of AI video, it is reflected in the four major capabilities of Text-to-Video, Image-generated Video, Video Motion Mirror, and Video-generated Video. At present, MiracleVision’s video generation capabilities have been integrated into the industry workflow, especially in the e-commerce and advertising industries.

It is worth mentioning that MiracleVision 4.0 will be launched to Meitu’s products one after another in January 2024. At that time, users can experience it in Meitu Xiuxiu, Beauty Camera, Wink, Meitu Design Studio, WHEE and other products. In addition, the Meitu Vision Big Model team also announced two news. First, the mobile end of WHEE is officially launched, and major app stores can search for "WHEE" to download. Second, MiracleVision officially opens its commercial API to the outside world.

It is not difficult to see that the rapidly iterating MiracleVision vision AI model has become an important fulcrum for Meitu to explore imaging and design productivity scenarios in depth.

Based on the expansion of the "image and design" business, Meitu also announced a number of important cooperation at the conference. In particular, with the ability of Meitu’s visual model to provide services to 1.745 million e-commerce users, Meitu has reached cooperation with dozens of e-commerce and brand customers such as WeChat, Knowledge, Deli, and Feiyu.

Accelerating the development of emerging productivity scenarios, Meitu is expected to usher in a transformation of its business model

From e-commerce to graphic design, games, and film and television scenes, Meitu accelerates its penetration into business scenarios in sub-industries through the combination of generative AI and tool software. In the process, Meitu’s user value, designer value, and product value will be multiplied.

Meitu is expected to capitalize on its long-standing advantages in the imaging field to provide users with highly competitive generative AI tool software products in batches.

Tianfeng Securities released a research report saying that after the successful switching of the business model and the return of the founder as the chairperson, Meitu has comprehensively focused on the main business at the strategic level. The company has achieved strong main business income growth, and the company’s competition landscape advantage in the C-end may be underestimated. Relying on the long-term accumulated experience and users, it is expected to re-seize the original professional tool software market in the process of accelerating the integration and innovation of tool software in the AI era.

On this basis, Tianfeng Securities expects Meitu’s 23/24 annual revenue to be 28.78/37 3 million yuan, and gives Meitu a 10XPS valuation in 2023, corresponding to the market value of 30.95 billion Hong Kong dollars, and the target price is 6.96 Hong Kong dollars, maintaining the "buy" rating.

In the research and development released recently, CICC also gave Meitu a "outperform the industry" rating for the first time, with a target price of HK $4.3. The bank believes that the increase in payment rates will become the main driver of Meitu’s subscription revenue growth. It is expected that the payment rate will reach 5.3% in 2025, the number of paying users will reach 13.78 million, and the subscription revenue is expected to reach 2.58 billion yuan, which is close to doubling the growth space compared with 2023. At the same time, it pointed out that Meitu has redefined its tool positioning and has clarified its subscription business model in the context of young users paying users. It is currently exploring emerging scenarios such as productivity driven by AI trends, and is expected to usher in business model transformation in the future.