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　　　　[XCAR Information Original]

　　　　Foreword:Recently, the appearance of four new cars with independent brands has attracted a lot of attention. These four new cars are not only mid-to high-end models launched by the top three domestic state-owned car companies, but also three of them can be called new flagship products of independent brands at present. Although these four models have reached or even surpassed the joint venture brand models at the same level in terms of technology and design, it does not mean that their own brands and strength have risen to a new level. Because these four new cars are not completely self-developed, the independent elements are only reflected in the design or partial configuration, but the core technology is still "brought", and three of them can find their "joint venture prototype" in China.

　　　　These four models are a new generation Roewe 750 (or R95) from SAIC. The new flagship of FAW Pentium B90, the new flagship of dongfeng fengshen A60；; And C131 of FAW Hongqi. First, let’s take a look at these four independent new cars.

　　　　> > SAIC Roewe 750 (named R95): a new LaCrosse platform from Shanghai GM Buick.

　　　　As the largest automobile enterprise in China, SAIC has an early road to its own brand.The prototype of the current Roewe 750 is the Rover 75 model under the British bankrupt enterprise Rover. SAIC launched its own brand Roewe after acquiring its technical data, and the first model was Roewe 750.Rover 75 has been a product in the 1990s. Although there are some genes in the technology of the old BMW 5 Series, times have changed, and the current Roewe 750 is showing its old age in terms of technology and design. It is imperative to launch its replacement model.

[The current Roewe 750 reflects SAIC’s excellent manufacturing capability]

　　　　Although SAIC’s manufacturing capacity and efficiency are first-class, this can be seen from the acquisition of Roewe 750 technology to the speed of launching new products. However, the ability to produce and own technical intellectual property rights does not mean that SAIC has completely mastered and digested the technical platform of the existing Roewe 750. In other words,Even if SAIC has basically digested the technology of Roewe 750, it is very difficult to design a mid-to high-end model that surpasses the current Roewe 750. After all, the road of independent research and development of SAIC is not long.Compared with German brands with a history of over a hundred years, even Japanese and Korean brands with a history of half a century, SAIC is also a young latecomer.

[The new generation Roewe 750(R95) is built on the new LaCrosse platform]

　　　　Therefore, it is a wise choice to choose the technology platform of the existing joint venture partner to ensure the continuation of Roewe’s high-end products. SAIC aims at the Epsilon II platform of its partner GM, on which two intermediate models of Regal and LaCrosse of GM Buick brand were born. According to the information currently exposed,SAIC Roewe 750(R95) is developed based on BP31 platform, and this platform technology is similar to Epsilon II platform.

[R95 with Roewe logo]

　　　　Judging from the application materials obtained,The body size of SAIC Roewe R95 has reached 4996mm/1857mm/1502mm, which is only millimeters different from that of the new LaCrosse. Its wheelbase is 2837mm, which is consistent with the new LaCrosse.In addition, from the obtained spy photos of the chassis, the new generation 750 is indeed very similar to the LaCrosse based on Epsilon II in the rear suspension structure.

[R95 with Shanghai brand logo, with high positioning]

　　　　In terms of power, in line with previous speculation, SAIC Roewe R95 will share the power system with the new LaCrosse.Three naturally aspirated engines of 2.0L, 2.4L and 3.0L were introduced.Its maximum power reaches 154 HP (113kW), 186 HP (137kW) and 195kW respectively. The 3.0L V6 engine is imported from Horton, a subsidiary of GM.

[Interior spy photos exposed earlier (high match)]

　　　　It is reported that the new Roewe 750The Roewe logo will be hung on the 2.0L and 2.4L models, while the Shanghai brand logo will be hung on the 2.4L high-profile and 3.0L models, both of which will be launched under the name of R95.

　　　　Although SAIC officials have not clearly indicated the technical source of the platform of R95 at present, perhaps not in the future, we can see the relationship between this flagship model and LaCrosse from the body size, chassis and powertrain. Epsilon II is one of the main platforms of GM, and the adoption of this platform means that SAIC Roewe R95 will stand at a higher starting point in terms of space, safety, power and comfort.

[The chassis structure of the new generation Roewe 750 is very similar to that of the new LaCrosse]

　　　　Excellent design is one of the main manifestations of SAIC’s independent development ability, which is also reflected in the new Roewe 750. The design is atmospheric and inherits Roewe’s family-style appearance. The interior design is simple, although there are many shadows of the new LaCrosse, but it is not completely illuminated, reflecting a high design standard. In addition, excellent manufacturing capacity and quality are also one of the selling points of SAIC products. The workmanship of the current Roewe 750 is no less than that of the joint venture model at the same level, and SAIC will definitely be more careful when the new generation 750 goes on the market.

　　On Wednesday, local time, the trend of US stocks was divided. The Dow and S&P were dragged down by the aftershocks of the banking crisis, hitting a four-week low. Microsoft rose more than 7% to push the Nasdaq higher. On the whole, investor sentiment has not improved, and the S&P 500 index has fallen for two consecutive days.

　　In the news, the financial report of the First United States Bank rekindled the market’s concerns about the banking crisis. On Wednesday, it was reported that the US government was unwilling to intervene in it at present. In addition, the initial value of durable goods orders in the United States increased by 3.2% in March, far exceeding expectations, and the economy remained resilient, which made the market slightly raise its bet on the Fed raising interest rates by 25 basis points again in June. Higher borrowing costs and uncertain economic prospects are inhibiting capital investment.

　　Some analysts pointed out that the situation of First Harmony Bank made some people who expected a soft landing lose some confidence. The current situation is beginning to point to credit contraction, which is not good for banks’ profits and is not good for the economy.

　　In addition, the US House of Representatives passed the debt ceiling bill proposed by Speaker McCarthy, but it is expected that it will not be passed in the Senate. The Democratic Party denounced it as "American Default Act", which is bound to aggravate the deadlock between the two parties in avoiding catastrophic American default.

　　Overnight, according to S&P global market intelligence, the US five-year credit default swap (CDS) rose to 62 basis points, the highest level since 2011. This has also curbed the market to a certain extent.

　　In terms of important news, according to CCTV news, on April 26th, local time, Argentine Economy Minister Felipe Massa held a press conference, announcing that Argentina would stop using US dollars to pay for goods imported from China and use RMB instead. Zou Xiaoli, Ambassador of China to Argentina, was invited to attend the conference.

　　Massa said that after reaching agreements with different enterprises, Argentina will use RMB to pay for China’s imported goods worth about 1.04 billion US dollars this month. The use of RMB can accelerate the pace of Argentine imports of goods from China in the coming months, and the related authorization will be more efficient. It is estimated that starting from May, Argentina will also use RMB to pay for goods imported from China with the value equivalent to US$ 790 million to US$ 1 billion.

　　On the enterprise side, after the close of trading on Wednesday, American social media and Meta-universe giant Meta platform disclosed the first quarterly report of fiscal year 2023. Among them, the revenue was $28.65 billion, which increased year-on-year again after nearly a year, and was $1 billion higher than expected by Wall Street analysts. Earnings of $2.20 per share were also 10% higher than expected. The company’s revenue forecast for the second quarter is $29.5 billion to $32 billion, and the consensus expectation of analysts is $29.47 billion. Affected by this news, as of press time, the company rose by 11.19% after hours.

　　Tesla, the leader of electric vehicles, continued its recent decline, and its market value fell below the $500 billion mark. At present, Tesla’s market value is $495.36 billion, which is lower than the $1.2 trillion it reached in 2021. Tesla has fallen to ninth place in the market value list of US stocks, behind NVIDIA, Meta Platforms and Johnson & Johnson. According to the analysis, investors are increasingly worried that Tesla’s price reduction measures will devour the company’s profits.

　　[overnight U.S. stocks]

　　Among the large Chinese stocks, Alibaba fell 0.12%, Baidu rose 0.11%, Netease rose 1.57%, Tencent Music rose 1.29% and Pinduoduo rose 0.88%.

　　Among the large US technology stocks, Apple fell 0.01%, Amazon rose 2.35%, Google A fell 0.13% and Netflix fell 0.43%.

　　[global index]

　　[global goods]

　　The main contract of WTI crude oil closed at $74.42 per barrel, down 3.44%; The main contract of Brent crude oil closed at $77.77 per barrel, down 3.71%; The main contract of crude oil in the previous period closed at 532.10 yuan per barrel overnight, down 4.18%.

　　Overnight, the Shanghai gold main contract closed down 0.13% to 445.08 yuan per gram; The main contract of Shanghai Bank closed up 0.07% to 5601.00 yuan per kilogram.

　　[overnight news]

　　Argentine will use RMB to settle goods imported from China.

　　According to CCTV news, on April 26th, local time, Argentine Minister of Economy Felipe Massa held a press conference, announcing that Argentina would stop using US dollars to pay for goods imported from China and use RMB instead. Zou Xiaoli, Ambassador of China to Argentina, was invited to attend the conference.

　　Massa said that after reaching agreements with different enterprises, Argentina will use RMB to pay for China’s imported goods worth about 1.04 billion US dollars this month. The use of RMB can accelerate the pace of Argentine imports of goods from China in the coming months, and the related authorization will be more efficient. It is estimated that starting from May, Argentina will also use RMB to pay for goods imported from China with the value equivalent to US$ 790 million to US$ 1 billion.

　　The US House of Representatives passed the debt ceiling bill, and the confrontation between the two parties is expected to escalate.

　　On Wednesday, local time, the US House of Representatives passed the debt ceiling bill, which won a victory of great political significance and aggravated the deadlock with the White House on avoiding catastrophic US default. The voting result was 217 votes in favor and 215 votes against. Schumer, the leader of the Senate Majority Democratic Party, called the Republican bill a "DOA" bill. He announced that the bill was "death on arrival" and Biden said that he would veto the case, but the passage of the bill in the House of Representatives may trigger discussions with the White House. According to S&P global market intelligence, the five-year credit default swap (CDS) in the United States rose to 62 basis points, the highest level since 2011.

　　US durable goods orders in March were 3.2% better than expected, but core capital goods orders declined.

　　Boosted by Boeing’s new orders, non-defense capital goods increased by 10.4% month-on-month, and orders and shipments of non-defense capital goods decreased by 0.4% month-on-month.

　　Cloth oil fell nearly 4%, giving back all the gains since OPEC+ cut production.

　　Some commentators believe that the current decline in oil prices shows that OPEC+ has "foresight" in reducing production at the beginning of the month, but some analysts believe that with the strong demand in the second half of the year and the shortage of crude oil market, the international oil price is expected to exceed the $90 mark.

　　[company news]

　　The aftershocks of the banking crisis continued for the first time, and the market value of banks fell below $1 billion.

　　The market value of the First Total Bank fell below $1 billion, down nearly 40%. Earlier, sources said that the US government is unwilling to take intervention measures against the First Total Bank at present. Due to the delay in the appearance of the white knight, the rating of the First Total Bank may be downgraded by the FDIC, or its use of the Federal Reserve’s emergency loan instruments may be limited.

　　Meta’s revenue unexpectedly reversed in the first quarter and fell for three consecutive quarters. Zuckerberg said that AI and Meta Universe should pay attention to both.

　　In the first quarter, Meta revenue increased by 3% year-on-year, while EPS profit decreased by 19%, far below the expected decrease of 26%. Advertising revenue and App revenue increased instead of falling, and Facebook’s daily activity exceeded 2 billion, exceeding expectations and hitting a new high; Meta Cosmos’s business income has halved, with the decline far exceeding expectations, and the loss has exceeded expectations and expanded to $4 billion. Meta expects the loss to expand this year. Meta’s revenue guidance for the first quarter was higher than expected, and the high-end cost guidance for the whole year was lowered by $3 billion. The cost included at least 3 billion restructuring costs such as layoffs. The capital guidance for the whole year remained unchanged, which would increase AI investment. Zuckerberg said that AI promoted App and business to achieve good results, focusing on both AI and Metauniverse.

　　The biggest acquisition in the history of the game industry may be yellow: British regulators oppose Microsoft’s acquisition of Blizzard.

　　Microsoft’s $69 billion acquisition of Blizzard may be cool. The UK Competition and Market Authority, the UK’s top regulator, issued a statement opposing Microsoft’s acquisition of Activision Blizzard on the grounds that the transaction damaged the competition in the cloud game market. Both Microsoft and Activision Blizzard said they would appeal the decision, but professionals believe that it is unlikely to succeed.

　　Here comes the substitute for ChatGPT: HuggingChat claims to be comparable to GPT-3.5.

　　Hugging Face, the AI community, released HuggingChat, a chat robot, which is based on the LLaMA model with 30 billion parameters and is called the "open source Android App Store". HuggingChat is not only open source, but also free. You can chat with HuggingChat by clicking on the webpage.

　　[financial calendar]

With the development of the times and the progress of science and technology,Electric two-wheeled vehicleIt has gradually become the first choice for more and more people to travel. However, although many electric vehicles are convenient to recharge, they have the shortcoming of weak endurance and cannot support long-distance travel. In order to meet people’s needs for longer-distance travel,No.9 electric vehicleTraveler F90Go online,EnduranceYan value is online, and it is a national standard car, and it is unimpeded in the urban area. You don’t have to worry about the problem of no electricity on the way to long-distance travel. Today, let’s take a closer look at the No.9 electric car of the Traveler F90.

From the aspect of appearance design, the paint on the surface of F90, the No.9 electric vehicle traveler, is made of environmentally-friendly PP material, which combines the sense of science and technology with the sense of mechanical aesthetics. The color scheme is novel and full of science and technology, which better shows the youthful color. Nowadays, consumers, especially the younger generation, pay more attention to the appearance design of electric vehicle products when they buy electric vehicle products. The young and fashionable design style of F90, the traveler of No.9 electric vehicle, has been loved by many young consumers.

In addition to the appearance color matching, F90, the traveler of No.9 electric vehicle, also pays great attention to the coordination of aesthetic feeling in lighting design. The standard three-lens intelligent light-sensing headlight integrates LED headlight, LED position lamp and far and near light to form an integrated thin light. On both sides of the vehicle, it has double flashing lights and turn signals, popular linear taillights, full of high-grade light, and it is more bright and safer to ride at night.

In addition to the appearance and lighting design, the F90, the remote driver of No.9 electric vehicle, also has excellent performance in details, which not only supports overall waterproofing and battery waterproofing, but also provides protection for outdoor parking of vehicles in rainy days. There is also a large-screen color LCD instrument, which accurately displays riding data. This impression has the same experience as that of the instrument of a fuel vehicle, allowing people to know the state of the vehicle at any time during riding. The integrated handlebar of F90, the driver of No.9 electric vehicle, also increases the stability of grip feeling, which shows safety, exquisiteness and beauty in the joints of plastic parts, handlebars and brakes.

Finally, in terms of battery life, the No.9 electric vehicle’s voyager F90 rode more than 50 kilometers with a 48-volt 25-amp lithium battery, and still had 50% of electricity, with a cruising range of about 90 kilometers, which is considered as the existence of the ceiling level in the new national standard electric vehicle in terms of battery life. With its superior endurance and excellent performance in design, configuration and performance, F90, the No.9 electric vehicle traveler, has opened a smart travel life for consumers with one click.

(promotion)