Geely Xingyue with a wheelbase of 2.8 meters is L, and its size exceeds Tiguan L, but it is positioned as a compact SUV.

A few days ago, the brand-new SUV-Xingyue L completed its debut. I believe many people, like me, will regard this new car as a medium-sized SUV when they see its body size. After all, its length is nearly 4.8 meters, and its wheelbase is over 2.8 meters. The "block" is already bigger than Tiguan L. But the official defines it as a compact SUV. Why?

Low-key positioning, just for misplaced competition?

Let’s take a concrete look at the body size of Xingyue L. Its length, width and height are 4770/1895/1689mm and the wheelbase is 2845 mm. We choose two popular medium-sized joint venture SUVs to compare with them. As can be seen from the following table, the Star Yue L, which locates compact SUVs, is bigger than Tiguan L and Highlander.

In this regard, the official did not give a specific explanation. Personally, in today’s endless market segments, the so-called positioning of the model itself is very vague. Because of this, many car companies choose to compete in dislocation and compete with their opponents, such as Xingyue L.

As we all know, the price range of 100,000 to 150,000 is the main position of the independent compact SUV, and the price range of 150,000 to 200,000 belongs to the "site" of the joint venture compact SUV. If the autonomous SUV wants to cross the 150,000 hurdle, it can only choose dislocation competition. For example, UNI-K, which was listed before, used the identity of medium-sized SUV to compete with joint venture competitors.

Although the specific price of Xingyue L has not been announced yet, it can be boldly speculated that its starting price will not be low, at least above 150,000, maybe 160,000 or 170,000. If this is the case, then the price range of Xingyue L is almost "flush" with that of other models. From the price to the vehicle positioning, this is a real positive competition, which can reflect the confidence of the car. Of course, it is undeniable that from the product strength of the model itself, Xingyue L still has leapfrog advantages.

The highlight of Xingyue L: the engine pulls the eye.

So where is the leap of the star over L? In addition to body size including space, power is a bright spot. Its whole system is equipped with Drive-E series engines, and 2.0T provides high and low power output, which is divided into 218 horsepower and 238 horsepower. It is worth mentioning that the low power version matches the 7-speed wet dual-clutch gearbox, while the high power version matches the 8AT gearbox.

Combined with the estimated price, it is very likely that you can buy a version of 2.0T with 8AT for less than 180,000 yuan. You know, the joint venture models corresponding to this price are almost entry-level power, 2.0L self-priming or 1.4T small displacement engines. And Xingyue L is very competitive in terms of displacement and label (). In addition, Xingyue L will also be equipped with the sixth-generation Borgwarner four-wheel drive system, which is hard enough from the perspective of three major pieces.

In addition to the three major pieces, another highlight of the Star Yue L is the sense of design and materials, especially the interior parts. Different from previous models, the Star Yue L highlights the sense of technology on the one hand and adds a sense of luxury at the same time. This sense of luxury is more like a breakthrough. For example, in the interior, a lot of rose gold decoration has been added, which has been seen on the model before and is very textured; At the same time, with custom leather and brown plaques, the luxury atmosphere is in place.

It is worth mentioning that the steering wheel of Xingyue L adopts the design of two-color leather, which makes people shine again visually. When it comes to the sense of science and technology, Xingyue L has also made a breakthrough. In addition to the full LCD instrument screen, it also adopts the form of central control and co-driver’s joint screen, which is a bit of a new force. I believe that in terms of function, it can also give people a different experience.

Achuan pingche

In fact, it’s not the first time to take the misplaced positioning route. The previous Xingrui, with a wheelbase of 2.8 meters, is still positioned in a compact car, and the reason is the same. For Xingyue L, the final pricing is very important, because it has to compete with the joint venture compact SUV, but also with competitors at the same level such as UNI-K and Mocha. Every step is the key point to decide the outcome.

Demystifying "The Vanishing Bullet": Ting Feng fights for his life and lingers with Yang Mi semi-naked


Duo poster


Little Skylark (Yang Mi) is injured to help Guo Zhui (Nicholas Tse)


Yang Mi and Nicholas Tse play with passion


Hot-blooded detective Guo Zhui (Nicholas Tse) pursues justice and is not afraid of power

    Movie Network News(Text/Zhang Wei) Produced by Er Dongsheng and directed by Luo Zhiliang, the film will be released on August 14. Liu Qingyun and Nicholas Tse are one-man and one-man, and the two are partners. There are many gun battles in the reasoning, and they work together to track down the "ghost bullet". Yang Mi, on the other hand, offered the largest drama since his debut, half-naked and Nicholas Tse in a passionate play, which can be called the biggest highlight of the film.

Aspect 1: Yang Mi is semi-naked and Nicholas Tse is filming a passionate scene

    In fact, Yang Mi doesn’t have many scenes in the film. He appears as a blind man telling fortunes, and then is chased and rescued by Nicholas Tse. The most interesting part is the large-scale passionate scene she shot with Nicholas Tse. Nicholas Tse rubbed medicine on Yang Mi in his pajamas, and then the two began to kiss and hug. Yang Mi entered the camera half-naked, and Nicholas Tse was also shirtless and very beautiful.

Aspect 2: Nicholas Tse plays the sharpshooter and fights for his life

    Who doesn’t know that Nicholas Tse worked hard to film the scene, but he didn’t get hurt as if he hadn’t filmed this scene before. The scene of the sea of fire was really thrilling. The ammunition warehouse of the arsenal was detonated, and the flames were everywhere. Nicholas Tse was covering for others to rush out of the fire at this time. Director Luo Zhiliang said that in this scene, Nicholas Tse did not use a double, and took the initiative to run past the explosion point without any protective equipment, and the staff were worried for him during filming. In addition to this most dangerous scene, he can often be seen playing the sharpshooter in the film, accurately hitting the enemy’s eyebrows from 50 meters away, and he is always the fastest person when the two draw guns at the same time. Such accurate marksmanship, coupled with Nicholas Tse’s cool expression and handsome gun-holding posture, cannot help but feel that his popularity in the past was inevitable.

Next page:Aspect 3: Liu Qingyun reappears as a detective

China Star | Shenzhou 16 enhances the reliability of Beidou navigation signals

  CCTV News:The Shenzhou-16 manned spacecraft is the first manned spacecraft in the new stage of application and development of China’s space station, and it is also the 11th manned mission carried out by China. What are the new changes of Shenzhou-16? What are the differences between it and previous spacecraft?

  Shenzhou 16: Enhancing the Reliability of Beidou Navigation Signals

  The Shenzhou 16 manned spaceship had fully inherited the technical status of the Shenzhou 15 spaceship, and its main functions and technical indicators remained unchanged. The difference was that the Shenzhou 16 was a new batch of spaceships, which was of great significance for verifying the technical status of this batch of spaceships.

  Gao Xu, Chief Designer of the Manned Spaceship System of the Fifth Academy of Aerospace Science and Technology Group:Compared with the previous batch, we have done a lot of work on autonomous control. For example, we have enhanced the reliability of the Beidou navigation signal. We have done a lot of work on the localization of components to improve the level of autonomous control of the spacecraft itself.

  Mass production multi-line parallel, Shen 17 completes final assembly test

  Gao Xu introduced that the batch development of Shenzhou spacecraft is very stressful for the team. In the past, the development team only needed to develop one spacecraft at a time, but now the development team needs to complete the development, launch, flight control and return of several spacecraft in parallel, with multiple fronts highly overlapping.

  It is understood that at present, Shenzhou 17 has completed the final assembly test at Jiuquan Satellite Launch Center and has the ability to stand by for emergency rescue. Shenzhou 18 and Shenzhou 19 are undergoing the final assembly and testing of the whole ship before leaving the factory, and other spacecraft in this batch have entered the stage of single-machine development.

Huawei has no parking service video exposure, and it is difficult to find a parking position.

Now, on weekends and holidays, it is even less difficult to drive to shopping malls and scenic spots, and sometimes it is no less difficult than finding a parking space in the city center. As the owner said, "Sometimes there are vacancies in the underground parking lots of shopping malls and hospitals, but the venues are large and there are no obvious signs. They can only search around several times like blind flies, and finally find a seat, and the result is" cut off "by the owner who is closer. When picking up the car, I often get’ lost’ and circle around in the parking lot to find a car. "

Picture 1

At this time, many people begin to regret driving to the mall. However, if you want to visit Sam and IKEA, which are generally remote supermarkets, public transportation is very inconvenient, and taking a taxi is expensive. After shopping, it is quite difficult to find a place to take a taxi. When I think about it carefully, it seems that driving has become the most worry-free and labor-saving way. It is nothing more than the psychological preparation for wasting an hour in the parking lot in advance.

In the field of intelligent driving, which has developed rapidly recently, there are brand-new solutions to the problems of difficult parking and parking. Zhijie S7, the first pure electric car of Huawei Intelligent Selection Car, which was pre-sold on November 9, is equipped with the industry’s first parking and driving function, once again showing the far-ahead intelligent driving strength to the industry and outside.

The problem of finding a parking space is solved by injecting driving into parking.

From a functional point of view, the parking and driving function allows the owner to open unmanned parking with one button. That is, when the owner gets off the bus, turn on this function with one key, and the vehicle can find a parking space to park itself. It sounds very sci-fi, and Huawei has successfully brought this unprecedented intelligent driving experience to users through the technological breakthrough of intelligent driving perception technology, algorithm iteration and scene strategy. In other words, with this function, users can go to Sam and IKEA, drive directly to the entrance of the shopping mall or the entrance of the parking lot, and then go shopping, and Zhijie S7 can start the journey of finding a parking space by itself.

It is worth noting that through the blessing of perceptual technology, the parking function of Zhijie S7 can also understand the command gestures of the mall security guards, just like an old driver, it is very easy to drive to the target parking area.

Mainframe computer

There are also hidden technical points here. As we all know, when we are looking for a parking space, we often can only rely on human eyes to lock it, and we often call the whole car to find a parking space together. The parking and driving function of Zhijie S7, through the perception of cameras and sensors, has a much larger detection range than the human eye, so it is naturally more effective to find a parking space. What’s more, Huawei’s intelligent driving system also has a huge amount of data to support, sometimes it is a strange parking lot for car owners, but for Zhijie S7, the parking lanes and empty parking spaces here are well known, and it is naturally easier to find a parking space.

Independent parking in the parking lot, the safety factor is also guaranteed.

For intelligent driving, safety has always been an important topic. The parking function of Zhijie S7 also fully considers the safety of driving in the parking area. First of all, when passing, if the lane is not enough to pass with the opposite vehicle, it will back up first, wait for the opposite vehicle to pass, and then pass, so as to avoid traffic jam or collision between the two vehicles. And if the lane can be used by two cars in parallel, it will also control to slow down and pass slowly.

The steering wheel of a car

If you encounter pedestrians and roadblocks, the parking and driving function also has a strong pedestrian avoidance ability, and will plan the route to take the initiative to avoid. Behind parking and driving, there is a set of safety technology blessing of Huawei ADS 2.0 advanced intelligent driving assistance system. There is no doubt about the safety in the process of intelligent driving, including responding to the ghost probe behavior that pedestrians suddenly jump out, and it can quickly rely on the powerful AEB function for emergency braking, coupled with the slow driving speed controlled by the system, which further guarantees the safety.

In addition, in detail, the parking and driving function can also realize roaming to find a place. After reaching the target parking space, if the target parking space is occupied, it will automatically control roaming to find other parking spaces and automatically park. In the process of parking, if the vehicle detects that the parking space is too narrow, the system will control the rearview mirror to be put away first, and then stop automatically.

At the same time, the owner can also check the situation in front of the vehicle (real scene) in real time on the mobile App, check the location, and stop/start parking to avoid the worries of the owner. When the owner has finished shopping in the mall, he can start the calling function with one key of the mobile phone, and the vehicle will automatically start and arrive at the designated place, so that the owner’s whole family can get on the bus and leave directly.

Write at the end:

For the matter of finding a car and parking in a shopping mall, the capabilities of the parking and driving function of Zhijie S7 are quite comprehensive. First of all, it directly arranged the most troublesome thing of finding a parking space, so that the owner can get off the bus directly after arriving at the destination. Moreover, in the whole process of intelligent driving and parking, the control fineness and safety guarantee of the system are remarkable, and even after parking is fruitless, it can continue to roam to find a car. Finally, when the car mainly leaves, there is no need to find a car, but it becomes a car to find someone, completely realizing the comprehensive closed loop of parking and driving.

With the parking function, we can go to shopping malls and scenic spots on weekends and holidays, and the parking troubles can really be "completely eliminated with one click". It is reported that Zhijie S7 will be officially launched on November 28th, and we are also looking forward to experiencing this advanced parking and driving function as soon as possible.

Don’t let the "edge anchor" poison the teenagers

  "Net" Comics/Li Xiaojun

  ● Scratching behavior refers to the vulgar behavior of attracting attention by revealing clothes and teasing behaviors on platforms such as live short videos. The anchors use these behaviors to attract traffic in a soft pornographic way, thus gaining commercial benefits. This kind of behavior not only violates public order and good customs, but also is suspected of vulgar and soft pornography marketing.

  ● Some live broadcast platforms have explicitly prohibited and warned the edge-scraping behavior. However, due to the different judgment methods and audit modes of each platform, the handling methods of the edge-scraping anchor are not the same, which leads to the joint efforts to rectify the edge-scraping behavior.

  ● Further improve Internet norms and laws, at the same time, compact platform responsibilities, strengthen training and education for network anchors, and strengthen guidance for netizens, in order to form a joint effort of all parties to jointly purify cyberspace.

  □ Our reporter Han Dandong

  □ Intern Guan Chuyu of this newspaper

  "Thank you for your order, so I’ll dance a favorite dance of my eldest brother now!" In the car-selling live room of a short video platform, a female anchor was wearing a short black silk skirt and twisted with music. In the video of shooting a car, the sexy female anchor kept coquetry for the camera, and when she put the car in gear, the camera focused on her thigh wearing black stockings … …

  "Selling cars also began to scratch? Can’t it be normal? " Some netizens said in the comment area.

  Scratching, a network term, refers to the vulgar behavior of attracting attention by revealing clothes and teasing behaviors on platforms such as live short videos. In an interview recently, the reporter of "Rule of Law Daily" found that the act of rubbing edges emerged in an endless stream on the Internet. Some anchors not only attract people’s attention by sending some scratch content, but also specially label it as "scratch" in order to increase the video playback.

  Experts interviewed by the reporter believe that the act of scraping not only violates public order and good customs, but also is suspected of vulgar and soft pornography marketing, polluting the network environment and poisoning young people. It is suggested to further improve Internet norms and laws, and at the same time, tighten the responsibility of the platform, strengthen training and education for network anchors, and strengthen guidance for netizens, with a view to forming a joint effort of all parties to jointly purify cyberspace.

  From edge-wiping woman to edge-wiping man

  Wipe drainage is disgusting.

  Not only live broadcast with goods, but also the popular live broadcast PK (a new interactive way of live broadcast, which means that two anchors carry out "even wheat" PK with each other to compare the winners and losers with the amount of rewards) is also mixed with a lot of edge-scraping behavior.

  Yang Yang (pseudonym) of Jinan, Shandong Province is an anchor. In the process of PK with some female anchors, he often sees similar scenes: in order to win PK, the female anchor writes down the name of his eldest brother on his chest and thigh to attract more rewards. This obvious teasing behavior is hard to look straight at.

  In live interaction, wiping behavior is more common. The reporter browsed several live broadcast rooms and saw that some female anchors were sitting in front of the camera in dark V tops. The text in the live broadcast room said "beer bombs, flowers and sunglasses turn". It turned out that as long as fans gave a gift, such as "beer", the anchor would pull up the shoulder strap of the bra once … … There is also a live broadcast room with music that makes people blush, which is called "immersive experience" by the anchor.

  On the internet, netizens call the female anchor who has the behavior of wiping the edge "wiping the edge". However, the reporter noticed that some male anchors and male bloggers have recently joined the ranks of edging, using edging as a "password" to attract traffic.

  Not long ago, the painting style of a beverage company’s live broadcast room changed suddenly, from the original sexy and plump female anchor to the male anchor wearing tight vests and shorts. These male anchors danced, showed their muscles and Poss for the camera in the current online popular songs. This move was called by netizens as "changing the soup without changing the medicine, or rubbing the set."

  The reporter noticed that these male anchors and male bloggers changed into gray sweatpants or tights, either showing their abdominal muscles or dancing on their hips. Gradually, wearing gray pants was labeled as "wiping man". On a short video platform, "Grey Pants" was played as many as 16.249 million times.

  Many bloggers also use "Bian Bian" as their user name or copy, in order to attract more attention and enthusiasm. In these comment areas that scratch the content, there are many sexually suggestive messages.

  It is even more unacceptable, and even many netizens call it spicy eyes — — Some male anchors wear sexy lace underwear for live broadcast. In the live broadcast, the male anchor not only stood in front of the camera to show off his underwear, but also made shy, caring, circling in place and posing for the camera.

  "This situation is really embarrassing." Some netizens commented under the video, "It is obvious that girls wear clothes, but boys are allowed to show them, so I don’t know who to buy them for."

  "This completely subverts the definition of male in my cognition." Ms. Wang, a parent from Jiangsu, said with anxiety that once she saw her son in elementary school brush such a short video, she immediately stepped forward to stop it. She hoped that her children would see a male anchor who was healthy, sunny and spread positive energy from the Internet, and she did not want her children to be misled by these marginal videos.

  Zhang Wei (pseudonym) from Beijing has installed more than 10 social apps on his mobile phone. During his daily use, he often brushes aside videos and photos. "Why do you push this content to me every day?" Zhang Wei said that some people may like to brush aside, but I believe more people are definitely disgusted, especially now that minors are surfing the Internet more and more. I hope the relevant departments will take action to purify the network environment.

  Scratching video has a poor look and feel.

  The traffic revenue is significant.

  On social platforms, there are a large number of works that get popularity by tagging. The reporter searched for the "scratch" tag on a short video platform and found that its broadcast volume was as high as 6.02 billion times.

  Scratching has brought huge heat and traffic benefits to these videos. In the hot works labeled "edge", the reporter found that not all videos are based on vulgar edge. However, compared with similar videos, the traffic of works with the label of "edge" is obviously higher than that of videos without the label of "edge".

  Li Wei (pseudonym) from Yantai, Shandong Province is a loyal user of short video platform. When she released the video, she found that the traffic of the video was always limited, but if she put the "edge" label on it, the number of views would obviously come up.

  A male dance blogger who hasn’t been in a platform for a long time wears women’s clothes and dances Korean spicy dance in the video. This obvious contrast behavior has brought him a lot of traffic income, and the maximum number of single videos can reach 691,000 times.

  Under these videos, there are not only comments praising bloggers, but also a lot of critical and sarcastic unfriendly comments. Some netizens said: "Dancing is dancing. Why are you dressed like this?"

  There are also comments bluntly: the proliferation of edge-rubbing men may lead to the audience’s sexual doubts and self-cognitive differences, which will distort their spirit and world outlook, thus causing serious consequences. For minors, they are more vulnerable to this kind of behavior.

  "The act of wiping is a means to attract attention and attract traffic, so as to satisfy the curiosity of the audience." Zhu Wei, deputy director of the Communication Law Research Center of China University of Political Science and Law, believes that wiping is not only a matter of content communication, but also a matter of values. If governance is not carried out in time, there will be many people competing to imitate.

  "After wiping the woman, the short video of wiping the man is also hot on the network platform. The anchors use these rubbing behaviors to attract traffic in a soft pornographic way, thus gaining commercial benefits. " Ma Lihong, a lawyer of Beijing Deheheng Law Firm, said that the reason for the increasing number of edge-rubbing men is to meet the demand of some women to consume male sex, which is essentially the same as the entertainment circle to create a flow of male stars to attract female fans and then reap the economic dividends of fans.

  According to the statistical bulletin of national economic and social development in 2022 released by the National Bureau of Statistics, the number of Internet users in China is 1.067 billion, and the Internet penetration rate is 75.6%. "If we adopt an overly tolerant attitude towards the act of rubbing, it will lead to more and more cross-border behaviors, and may even encourage more people to join the ranks of rubbing, which is not conducive to establishing good social customs and maintaining a healthy and clear network environment." Ma Lihong said.

  She believes that the appearance of this kind of edge-scraping behavior reflects that in the era of short video on the Internet, fast-food sales and traffic are still the "password to get rich" in the eyes of some people, which leads short video participants to excessively pursue quick realization and short-term benefits, attracting attention with "new", "strange" and "special" ways, even at the edge of the law.

  Urgent need to compact platform responsibility

  Effectively control the act of rubbing.

  In recent years, relevant departments have frequently taken measures to rectify soft pornographic information on various online platforms. In February 2021, the "Guiding Opinions on Strengthening the Standardized Management of Webcast" jointly issued by the National Network Information Office and other seven departments clearly stipulated that illegal and bad information such as vulgarity, feudal superstition and "scratching the ball" should be thoroughly cleaned up.

  "At present, although there is no clear definition of wiping behavior in law, many relevant regulations have restricted wiping behavior." Zhu Wei said, for example, the "Regulations on Ecological Governance of Network Information Content" stipulates that producers of network information content shall not produce, copy or publish illegal information containing the following contents, including spreading obscenity, pornography, gambling, violence, murder, terror or abetting crimes. Producers of network information content should take measures to prevent and resist the production, reproduction and publication of bad information containing the following contents: including promoting vulgar, vulgar and kitsch content; It may cause minors to imitate unsafe behaviors and violate social morality, and induce minors’ bad hobbies.

  In June, 2022, the Code of Conduct for Internet Anchors, jointly issued by the State Administration of Radio and Television and the Ministry of Culture and Tourism, stipulated that Internet anchors should not have the following behaviors in the process of providing online performances and audio-visual program services: including dress makeup, language behavior, live room scenery and other sexually suggestive and provocative content; Acts prohibited by laws and regulations and other acts that have adverse effects on online performances and online audio-visual ecology.

  Ma Lihong believes that it is impossible to include all the phenomena through legislation because of the high generality of writing and the lag of legislation, but such behaviors can be measured by combining relevant legislative principles, such as the principle of "public order and good customs" established by the Civil Code. The advertising law also clearly stipulates that advertisements shall not interfere with social public management norms or violate good social customs. Where advertisements are published that violate public order and good customs, the market supervision department shall order them to stop publishing advertisements, and impose penalties such as fines and revocation of business licenses.

  "The relevant departments can play a declaratory role through the handling of individual cases, such as administrative punishment or judicial trial of certain kinds of edge-scraping behaviors that violate the law, and visualize legal principles through precedents, so that the public can have a more intuitive understanding of edge-scraping behaviors through the form of cases." Ma Lihong said.

  The reporter noticed that some live broadcast platforms have also made explicit prohibitions and warning instructions on the edge-wiping behavior. However, due to the different judgment methods and audit modes of each platform, the handling methods of the edge-wiping anchor are not the same, resulting in the joint efforts to rectify the edge-wiping behavior.

  "Generally speaking, the dissemination of network information has to go through a number of checkpoints, such as the publisher’s self-examination and the review of the published network platform. However, this kind of edge-cutting behavior is still popular, indicating that there are loopholes in these checkpoints. It is not obscene not to describe sexual behavior. This kind of pornographic information is walking along this side. " A legal expert who asked not to be named believes that the pornographic "edge ball" is as harmful as the identified obscene content.

  Ma Lihong believes that some recent skirting behaviors on short video platforms not only violate public order and good customs, but also are suspected of vulgar and soft pornographic marketing. The Internet is not an illegal place, and the activities of network users on social platforms should not only follow the autonomy rules of social platforms, but also conform to the public order and good customs of society.

  She suggested that the operators and managers of registered accounts on online social platforms should operate and manage their registered accounts in a legal, civilized and standardized manner, attract the attention and interactive sharing of the audience with high-quality information content, and maintain the good social image of their accounts and themselves, and should not take the way of "scratching the ball" to attract network traffic and gain attention. Operators of online social platforms shoulder the responsibility of carefully examining and judging the information content uploaded by platform users, and should take appropriate management and disposal measures for information content that violates laws and regulations and social public order and good customs.

  "In terms of supervision, in addition to further improving Internet norms and laws, it is also necessary to compact the platform responsibility, strengthen training and education for network anchors, and strengthen guidance for netizens, in order to form a joint effort of all parties to jointly purify cyberspace." Ma Lihong said.

"Burning Your Moment" Chery’s new generation Tiggo 8 shocked the listing price of 8.88.

  On the evening of May 28th, the flagship model of Chery Automobile’s Tiggo SUV family, the new generation Tiggo 8, was officially launched in Chengdu Quantum Optical Sports Center. The new car launched 10 models of 1.6TGDI+7DCT, 1.5TCI+6DCT and 1.5TCI+MT powertrains, and provided six kinds of bodies, such as pearl white, obsidian black, titanium gold gray, desert gold, Rhine blue and Provence purple. At the same time, Chery Automobile also provides multiple VIP privileges for the first users of the new generation of Tiggo 8.

  Yin Tongyue, Party Secretary and Chairman of Chery Automobile, delivered an opening speech.

  Jia Yaquan, deputy general manager of Chery Automobile and general manager of marketing company, announced the price.

  At this conference, Shuo Yang, the spokesperson of the new generation of Tiggo 8, made a surprise appearance, and witnessed the release of the new generation of Tiggo 8 with the media and dealer friends.

  As a powerful actor with both face value and acting skills, Shuo Yang has a large number of young fans. The screen image of a tough guy with perseverance, introverted wisdom and strength that he has created over the years perfectly fits with the product characteristics of the new generation of Tiggo 8. For Chery, which is at the key node of brand promotion, Shuo Yang’s joining has made Chery brand more fashionable, entertaining and younger, and it is more influential among the main consumer groups after 1980s and 1990s.

  It is worth mentioning that at the press conference, Chery Automobile announced that a new generation of Tiggo 8 and Shuo Yang jointly launched the public welfare plan of "protecting rare wild animals".

  A new generation of Tiggo 8 spokesmen Shuo Yang and Jia Yaquan jointly launched the public welfare plan.

  The top 10,000 users of the new generation of Tiggo 8 can become donors to the "Protection of Rare Wild Animals" public welfare program, and Chery will donate 100 yuan/name on their behalf. Let more people participate in the scientific research and monitoring of the living environment and living conditions of Platts Wild Horse and Bimodal Wild Camel, and arouse more people’s attention to endangered animals and natural environment on the earth.

  Three power combinations, 1.6TGDI, the strongest Chinese core, create "super acceleration"

  In terms of power, the new generation of Tiggo 8 is equipped with Chery ACTECO 1.6TGDI engine, which is known as "the strongest Chinese core". This engine is the first TGDI engine of China brand with completely independent intellectual property rights, and also the first direct injection gasoline engine of China brand that meets the national six B emission regulations. The launch of ACTECO 1.6TGDI engine indicates that Chery has firmly grasped the core technologies in key areas of automobile research and development, and is continuing to lead the technological progress of national automobile industry with cutting-edge technology, helping China automobile industry to a new level.

  According to Gu Chunshan, director of Chery Automobile Powertrain Technology Center, the 1.6TGDI engine of the new generation Tiggo 8 has a maximum power of 145kW and a peak torque of 290N?m. Matching with it is the Getrak 7DCT wet powershift, which has a perfect balance between power and economy, with an acceleration of only 8.9 seconds per 100 kilometers and a comprehensive fuel consumption of only 7.4L per 100 kilometers.

  Gu Chunshan, Director of Chery Automobile Powertrain Technology Center, explains the powertrain.

  At the same time, the power combinations such as 1.5TCI+6DCT and 1.5TCI+MT also have good performance. While taking into account the economic performance of the vehicle, they have the same abundant interior space, cutting-edge intelligent technology and trendy interior and exterior design to meet the daily use needs of users with different needs.

  The design is beautiful to a new height, and the new technology is luxurious interior.

  In appearance, compared with the current Tiggo 8, the new generation of Tiggo 8 is younger and more dynamic. The Chery international design team LED by Kevin Rice, a famous former BMW car designer, used a more fashionable lattice chrome grille in the design, adding multi-cavity reflective LED automatic headlights, high-energy dynamic turn signals, touch keyless entry into the body design, double exhaust true tail throat and through LED blackened taillights, which made the new generation of Tiggo 8 vehicle more scientific and technological, and integrated into it.

  Steve Eum, Executive Director of Chery Automobile Design, explains the design concept of the new generation Tiggo 8.

  At the same time, the interior of the new generation of Tiggo 8 can be described as "completely new". The exclusive three-screen interactive technology luxury driving cockpit at the same level adopts the forward-looking design concept of "wide body, embracing and suspending" to create a horizontally integrated suspended instrument panel and central control area, with full-featured Learpee seats, advanced electronic gear shifting and wireless charging of mobile phones, creating an unprecedented sense of technological luxury.

  Smart at your fingertips, equipped with L2 autopilot.

  In addition to power and design, the new generation of Tiggo 8 also incorporates AI artificial intelligence genes, adding more leading intelligent technology configurations.

  At the level of intelligent network connection, the new generation of Tiggo 8 has evolved on the basis of the original functions of "real-time intelligent cloud interconnection, enhanced natural voice interaction and remote vehicle control by mobile phone", adding two black technology functions of "AI face recognition technology" and "AI intelligent cloud housekeeper".

  Orfila, director of networking of Chery automobile infotainment vehicle, introduced the Frank Zhiyun system.

  In terms of intelligent configuration, the new generation of Tiggo 8 has added many intelligent configurations that are only available in luxury cars, such as RICSCS remote active cockpit self-cleaning system, inductive smart bracelet, 360 bird’s-eye panoramic ultra-clear reversing image, wireless charging of mobile phone and many other intelligent driving assistance configurations. These configurations can make the new generation of Tiggo 8 easier to drive, safer to drive and more convenient to park.

  Inductive smart bracelet

  In terms of intelligent driving, the new generation of Tiggo 8 is the first mass-produced model of China brand to achieve L2 automatic driving, with dozens of market-leading or unique intelligent driving configurations such as APA automatic parking and LKA lane keeping. The car is equipped with full-speed ACC adaptive cruise system, which can realize full-speed adaptive cruise of 0-150 km/h, making driving easier for users.

  SLA speed limit sign monitoring and active reminder function

  Yin Tongyue, Party Secretary and Chairman of Chery Automobile, said at the press conference that as the flagship model of the Tiggo SUV family, the new generation Tiggo 8 is a masterpiece of technological innovation in Chery for 22 years. The powerful 1.6TGDI engine, leading platform technology, intelligent networking system with AI gene, and L2-level autonomous driving technology are not only the highest level of Chery, but also represent the highest level of the domestic automobile industry.

  Since the debut of the new generation of Tiggo 8 at the Shanghai Auto Show, Chery Automobile has invited media and intended users to carry out public testing activities with a scale of more than 100,000 people in more than 200 cities across the country, which has been widely praised. I believe that with the official launch of the new generation of Tiggo 8, more consumers will understand and like this high-quality SUV with performance, beauty and intelligence.

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Hot spots of the week | China will completely cancel the restrictions on foreign investment access in manufacturing; Jianghuai intends to transfer the assets of Weilai Factory; Expose Wang Sicong to o

1. In the first three quarters of this year, China’s GDP increased by 5.2% year on year.

According to the data released by the National Bureau of Statistics on October 18th, the gross domestic product (GDP) of China in the first three quarters of this year was 91,302.7 billion yuan, an increase of 5.2% at constant prices. Among them, GDP in the third quarter increased by 4.9% year-on-year. In the first three quarters, the national economy continued to recover, production and supply increased steadily, market demand continued to expand, and the quality of development improved steadily. (Xinhua News Agency)

2. China will completely cancel the restrictions on foreign investment access in manufacturing.

China announced eight actions to support the high-quality construction of the Belt and Road Initiative. In the action of "supporting the construction of an open world economy", it was mentioned that the restrictions on foreign investment access in the manufacturing sector would be completely lifted. This is a further step on the basis that China’s manufacturing industry has basically opened up and the negative list manufacturing industry in the free trade pilot zone has been cleared. (China News Network)

3. The Ministry of Commerce responded to the US semiconductor export control to China.

Ministry of Commerce: China has noticed that on October 17th, the United States issued the final rules on the export control of semiconductors to China. On the basis of the provisional rules issued on October 7 last year, the final rules further tightened the export restrictions on artificial intelligence-related chips and semiconductor manufacturing equipment to China, and added a number of China entities to the "list of entities" for export control. The United States continues to generalize the concept of national security, abuse export control measures and implement unilateral bullying. China is strongly dissatisfied with this and resolutely opposes it. (Ministry of Commerce)

4、The Ministry of Natural Resources issued a document proposing to cancel the land price ceiling.

At the end of September, the Ministry of Natural Resources has issued documents to the natural resources authorities of various provinces and cities, including: it is suggested to cancel the land price limit in land auction, and it is suggested to cancel the plot ratio limit of 1.0 in the outer suburbs. According to several sources, Jinan, Nanjing, Hefei, Ningbo, Suzhou, Chengdu, Xi ‘an and other cities have taken the action of "canceling the land price ceiling", and most cities will delete the land price ceiling in the next batch of land transfer documents. Core cities such as Beijing and Shanghai are still studying how to adjust the bidding rules. (Economic Observer Network)

Last year, the number of children born in China was less than 4.5 million.

The Statistical Bulletin on the Development of China’s Health Care in 2022 recently published by the National Health and Wellness Commission shows that in 2022, the number of births of one child in China was 4.41 million, the number of births of two children was 3.72 million, and the number of births of three children and above was 1.43 million (rounded to the nearest whole number). (National Health Commission)

17c2fb612a7dc4f8a1ec09ac199118d8.jpegIn June and September, China did not import any aquatic products from Japan.

According to data released by the General Administration of Customs on the 18th, in September, China’s aquatic products imported from Japan were "zero". In the monthly report of China’s import and export statistics just released by the General Administration of Customs today, there is no record of "fish and other aquatic invertebrates" imported by China from some countries (regions) in September. (Global Times)

7. Shanghai became the first first-tier city to implement the provident fund "recognizing housing but not loans"

Shanghai announced the optimization of housing provident fund individual housing loan number identification standard. If it is clear that the employee’s family has no housing in this city, has not used the housing provident fund personal housing loan in the country or the first housing provident fund personal housing loan has been settled, it will be recognized as the first set of housing. (21st century business herald)

8. The price of Grade-8 lithium carbonate "rose three times in a row"

Recently, the price of battery-grade lithium carbonate, the core raw material of lithium batteries, has risen. As of October 16th, the price of battery-grade lithium carbonate has maintained an upward trend for three consecutive trading days. From the perspective of downstream demand, industry insiders said that local policies to promote automobile consumption continued to exert their strength, and new products of superimposed automobile enterprises were listed on the market to stimulate the release of demand. It is expected that the sales of new energy vehicles will continue to rise in the fourth quarter. (china securities journal)

9. TSMC is expected to mass-produce 2nm process chips in 2025.

Wei Zhejia, president of TSMC, disclosed at the legal person briefing that TSMC is expected to mass-produce 2nm process chips in 2025. It is said that the OEM price of TSMC’s 2nm wafer is as high as $25,000, while that of 3nm wafer is $20,000. TSMC’s plant in Arizona, USA, plans to start mass production in the first half of 2025, and the plant in Japan is expected to start mass production by the end of 2024. (First Electric)

390e48069a10565e54475f9826e1f8fe.png10. Weilai responded to the proposed transfer of factory assets.

On the evening of October 19th, Jianghuai Automobile announced that the company intends to transfer some assets through public listing, which is actually two factories jointly operated by Jianghuai and Weilai-Weilai F1 Factory and Weilai F2 Factory. "The company has learned about the partners and confirmed that this action will not affect the company’s next production and operation activities." The relevant person in charge of Weilai responded that the company will address relevant issues at an appropriate time.Communicate, and will not comment on this matter before. (national business daily)

11. Q3 net profit decreased month on month.

Contemporary Amperex Technology Co., Limited (300750) disclosed that the third quarter report showed that the company achieved revenue of 294.677 billion yuan in the first three quarters, a year-on-year increase of 40.10%; The net profit of returning to the mother was 31.145 billion yuan, a year-on-year increase of 77.05%. The company’s provision for asset impairment in the first three quarters totaled 3.097 billion yuan, which will reduce the company’s net profit for the first three quarters by 2.629 billion yuan. Among them, Contemporary Amperex Technology Co., Limited Q3 achieved revenue of 105.431 billion yuan, an increase of 8.28% year-on-year; The net profit of returning to the mother was 10.428 billion yuan, a year-on-year increase of 10.66%. According to the previous financial report, the company’s Q2 net profit was 10.895 billion yuan, and the Q3 net profit decreased by 4% from the previous month. (First Electric)

12. Xiaomi discussed vehicle OEM with BAIC and Brilliance.

It was learned from people close to Xiaomi that at the end of August this year, Xiaomi Automobile was in contact with Jianghuai Automobile to discuss matters related to OEM of new energy vehicles, but the two sides did not reach a final cooperation. In October, Xiaomi Automobile began to contact Beiqi Blue Valley and Brilliance Automobile to conduct cooperation negotiations on production and other matters. According to the person familiar with the matter, the cooperation between Xiaomi Automobile and BAIC has been further promoted, and both parties intend to enter deeper negotiations. However, the specific form of cooperation is still unknown. Informed sources said that after the first sedan, Xiaomi also plans to produce an SUV model on the line, but Xiaomi does not consider rebuilding the production line for the time being. (Interface)

13. Xiaomi will launch a new operating system.

Lei Jun announced in his personal Weibo that Xiaomi will launch a brand-new operating system, Xiaomi HyperOS. This is an epoch-making milestone for Xiaomi, and it is a key leap towards "the whole ecology of people, cars and homes". (First Electric)

14. The gross profit margin of automobiles turned positive for the first time.

Zero-run cars were announced on the Hong Kong Stock Exchange. The announcement showed that during the period, the company’s gross profit margin turned positive for the first time to 1.2%, achieving the goal of turning gross profit into positive ahead of schedule; The single-season sales revenue was 5.656 billion, up 31.9% year-on-year, and the sales volume reached 44,325 units, up 24.5% year-on-year, reaching a new high in the double-creation quarter. The net cash generated from operating activities continues to flow in. (First Electric)

15. Officially enter the Hungarian passenger car market.

A few days ago, BYD officially announced its official entry into the Hungarian passenger car market. BYD ATTO 3 (Yuan PLUS) and three pure electric models made their debut in Hungary. Since it was announced to enter the European passenger car market at the Paris Motor Show in 2022, BYD has entered 19 European countries. Hungary is BYD’s first Central and Eastern European market, which marks another important milestone for BYD to expand its global layout. (First Electric)

681538e1gy1hizpmjcnnij218y0u0aix.jpg16. Deny that the founder ran overseas.

Weimar Automobile issued an announcement in Weibo, clarifying some recent remarks, saying that it did not file for bankruptcy, and the pre-reorganization was to avoid bankruptcy self-help. At present, the company’s core positions are operating normally, and it is also said that the information uploaded by the current network, such as the founder running overseas and Weimar financing of 40 billion, is false information. (First Electric)

17. Exposed Didi Travel plans to be listed in Hong Kong next year.

According to insiders, Didi Chuxing plans to be listed on the China Hong Kong Stock Exchange next year, and the current employees have been informed to allow them to sell their shares back to the company according to the employee stock ownership plan. Didi Chuxing was listed on the New York Stock Exchange on June 30, 2021, but only every two days, the National Network Information Office issued a notice to conduct a network security review. On June 2, 2022, Didi submitted an application for delisting. (First Electric)

image.png18. Chen Siying, CEO of Auto Wei Brand, left his post.

Chen Siying, CEO of Great Wall Great Wall Motor Weipai, announced his departure from Weipai on his personal social account. Wei Pai was born in 2016, with the goal of becoming a world-class luxury SUV brand and a benchmark brand of China Automotive Intelligence. In 2018, it sold 140,000 vehicles. However, since then, the lack of explosions has started to decline year by year. In 2022, the annual sales volume was only 36,400 units. The overall management of the brand is also chaotic. According to public information, Wei Pai has replaced six CEOs since its establishment. (First Electric)

19. The new version of Model 3 Huan officially opened for sale.

On October 19th, the new version of Tesla Model 3 Huan was officially launched for sale, and the first delivery will be started at the end of October. The car was pre-sold in Chinese mainland on September 1st, and the price has not changed since it was officially sold. The new version of the rear-wheel drive is priced at 259,900 yuan, and the new version of the long-life all-wheel drive is priced at 295,900 yuan. Previously, First Electric had learned from Tesla sales staff that the other party claimed that if the price of 259,900 yuan was sold well, there would be a high probability that the price would not be reduced, and if it was not sold well, it might fall. (First Electric)

WechatIMG274.jpg20. Tesla Cybertruck will be officially delivered on November 30th.

Tesla officially announced that the world’s first delivery will be carried out at the Texas Super Factory on November 30, but the specific configuration and price of Cybertruck have not been announced. It is worth noting that Cybertruck has not opened the reservation channel on Tesla’s China official website. Cybertruck is an all-electric pickup truck launched by Tesla. Since the release of Cybertruck in November 2019, this model, which is full of cyber style and futuristic design, has been receiving much attention. (First Electric)

001Ve2Mhly1hj0d727rlzj60ty1k0gqg02.jpg21, ask M9 has officially offline.

Recently, Yuan Jiajun, secretary of Chongqing Municipal Party Committee, went to the intelligent production workshop of Sailis No.3 Factory, and it can be seen that the M9 has been officially off the assembly line, and Sailis also showed off this new car. This time, the white model M9 was unveiled. On the picture, the front of the car is rounder, and it is designed with penetrating daytime running lights. The lidar on the roof is very eye-catching. Wenjie M9 is positioned as a large SUV, and the new car will be launched in December, with a pre-sale price range of 500,000-600,000 yuan. Yu Chengdong called it "the best SUV in 10 million". (First Electric)

WX20231019-154647@2x.png22, the ideal MEGA pure electric MPV official map

The CEO released two real car maps of the ideal MEGA in Weibo with the caption "Guess the drag coefficient directly". According to the plan, the new car will be officially released in December, and will be delivered in February next year, equipped with Contemporary Amperex Technology Co., Limited Kirin battery, which is expected to be more than 500,000 yuan. (First Electric)

4a23d069gy1hiy0mwyv11j21t90zpnjj.jpg23, Tucki X9 boarding vehicle purchase tax exemption directory.

On October 19th, the Ministry of Industry and Information Technology announced today the Catalogue of New Energy Vehicles Exempted from Vehicle Purchase Tax (the seventieth batch), including 46 passenger cars, 17 pure electric buses, 13 passenger cars and 1 plug-in hybrid bus. Including Tucki X9: cruising range 640/702/610km(CLTC). (First Electric)

iShot_2023-10-19_23.00.48.png24. Delivery of the 100,000th vehicle of D9

Zhao Changjiang, general manager of Tengshi Sales Division, issued a document in Weibo, saying that the 100,000th car owner should go hand in hand to witness Tengshi speed! Cao Huicheng, the son of Cao Dewang, the "King of Glass", the vice chairman of Fuyao Group, became the 100,000 th owner of Tengshi D9. (First Electric)

722e3693gy1hix6173837j23h02bcqv6.jpg25. Zhijie S7 went offline in batches and was officially listed in November.

The length, width and height of Zhijie S7 are 4971*1963*1474mm and the wheelbase is 2950mm, respectively. It locates a large-space smart coupe. In addition to the first 4(HarmonyOS 4 intelligent cockpit and Huawei’s advanced intelligent driving system ADS 2.0, the new car looks very unique, and there is also a "big" driving space. Yu Chengdong even said without stint that its positioning specifications will surpass Tesla Model S.. (First Electric)

a2c3a443gy1hivwfvxywoj20zj0qojxt.jpg26. BYD Song L’s interior map was released, with an estimated price of 250,000 yuan.

After several warm-ups, BYD finally released the interior photos of the new SUV model Song L, which will be officially launched in the fourth quarter. Generally speaking, BYD Song L gives people a brand-new feeling, which can meet the needs of aesthetics, technology and comfort at the same time, and it can be said that it has broken the inherent impression of its "cheap feeling". (First Electric)

Wechat screenshot _20231014150015.png27. The 50th Galaxy L7 officially rolled off the assembly line.

Since the listing of Geely Yinhe L7 on May 31st, it took 33 days to quickly open the market. On July 3rd, it was announced that the first intelligent hybrid product of "Geely Yinhe" series, Geely Yinhe L7, was officially rolled off the assembly line in Baoji factory. From 10,000 to 50,000 vehicles, it took less than four months.

5582a3cfgy1 HIV P1 umpboj21900u0wo1 _ copy. jpg28. Wang Sicong was exposed to order one.

Wang Sicong was exposed to have ordered an ideal L9. He himself appeared in the ideal store, and a suspected ideal staff member took a photo with him and sent out a screenshot of the order. The netizen said: "I believe that consumption has been downgraded, and Wang Sicong has started to buy 400,000-class cars …" "Unexpectedly, one day, I will become a car friend with Wang Sicong." "Times have changed, and President Wang has returned to his family." "It turns out that Wang Sicong didn’t buy it until the discount was big." (First Electric)

29. The time limit for listing of Nezha X is 108,800.

Nezha X, a brand-new pure electric SUV model in Nezha, has been officially launched. It has launched four models, with the price range of 126,800-146,800 yuan, and can enjoy the interest of 2,000 yuan deposit to 20,000 yuan within a limited time (ending on November 30), that is, only 10.88-128,800 yuan. After the launch, the car will compete with BYD Yuan PLUS, GAC Ai ‘an Y PLUS and other models.

007QtMdagy1hiznfk532jj31td10onk6.jpg30. The listing price of Wei brand Gaoshan is 335,800-405,800 yuan.

Gaoshan, the first luxury MPV model of Wei Brand, was officially launched. The new car was launched in two versions, of which the regular version for the travel market was priced at 335,800-375,800 yuan, and the customized four-wheel drive executive extended version for business reception was priced at 405,800 yuan. The exclusive rights of up to 36,000 yuan were launched together, and the two were matched with each other to jointly attack the luxury MPV market. (First Electric)

WechatIMG464.jpg31. The new long wheelbase E-Class was officially released.

The new car is developed based on MRA platform and will be officially launched this year. The length of the car is 5092 mm, the width is 1880 mm, the height is 1493 mm and the wheelbase is 3094 mm. Equipped with 8295 intelligent cockpit chip, China’s exclusive L2+ navigation assisted driving (high-order intelligent driving), China’s exclusive over 10 luxury and comfortable rear seats, China’s exclusive "meteor-catching" light carpet, and China’s exclusive 360-degree ambient light. (First Electric)

006 of 1xily1hixd9ldwc0j32bc1jlu0y _ copy. jpg32. The blind subscription price of Star Age ES is 260,000-360,000 yuan.

Star Road Star Era ES officially opened blind booking, and the price range of new car blind booking is 260,000-360,000 yuan. In terms of new car size, the new car is 4945mm long, 1978mm wide, 1489/1480/1467mm high and 3000mm wheelbase. The comprehensive battery life is 720km, the power consumption under CLTC condition is 11.7kWh/100km, the battery life can be 150km after charging for 5 minutes, and the energy can be replenished by 30% to 80% after 15 minutes. (First Electric)

00828kInly1hixact28tyj30u60k4gp1.jpg33. Starlight made its official debut and went on the market in late November.

Wuling Xingguang debuted and will be listed in late November. It will be equipped with two latest technological achievements: Wuling Lingxi hybrid system and Shenlian battery. According to the official, Shenlian battery can be called a "pentagonal warrior", in which it can achieve no fire and zero spontaneous combustion in terms of high safety! (First Electric)

0069HxL1ly1hixfpkr3dkj31u00uok01.jpg34. The listing guide price of Nexo China Edition is 800,000 yuan.

The new car is positioned as a battery SUV with a length, width and height of 4680/1860/1640mm and a wheelbase of 2790mm. In terms of power, the maximum power of the driving motor is 120 kW, the maximum torque is 395 Nm, and the maximum speed is 179 km/h. Adopt front wheel drive. The hydrogen fuel filling time of the new car is about 5 minutes, and the endurance under CLTC condition is 550 kilometers. (First Electric)

iShot_2023-10-16_22.22.37.png35. Lumin 301km fast charging model was officially launched.

On October 18th, Changan Lumin 301km Honey Qin (Fast Charge) was officially listed, with an official guide price of 61,900 yuan. Thanks to its leading 300V voltage battery platform, it can complete 30% to 80% power replenishment in 35 minutes. The combination of fast charging and +301km battery life can realize inter-provincial travel while walking and charging.

36. Canon introduced nano-imprint semiconductor manufacturing equipment.

On October 13th, Canon Corporation of Japan announced the launch of FPA-1200NZ2C nano-imprint semiconductor manufacturing equipment, which performs circuit pattern transfer, which is the most important semiconductor manufacturing process. Nano-imprint lithography is to coat photoresist (PR) on the wafer, and then press a stamp with a specific pattern to form a circuit. Because it does not use a lens, it can realize a fine process at a lower cost than the existing exposure process. (First Electric)

37, 300mm SOI wafer manufacturing technology to achieve a major breakthrough.

Recently, the team of Wei Xing, a researcher from Shanghai Institute of Microsystems, made a breakthrough in the manufacturing technology of 300mm SOI wafer, and produced the first 300mm RF)SOI wafer in China. Based on the 300mm SOI R&D platform of the National Key Laboratory of Integrated Circuit Materials, the team successively solved many core technical problems such as preparation of low-oxygen and high-resistance crystals, deposition of low-stress and high-resistivity polysilicon thin films, and non-contact planarization required for 300mm RF-SOI wafers, and achieved a major breakthrough in the domestic 300mm SOI manufacturing technology from scratch. The independent preparation of 300mm RF-SOI wafers will strongly promote the coordinated and rapid development of the whole industrial chain of domestic RF-SOI chip design, OEM and packaging, and provide a solid guarantee for the supply security of domestic SOI wafers. (China Academy of Sciences Shanghai Microsystems Institute WeChat WeChat official account)

Huawei crossed the river by building a car and feeling well-off

Huawei crossed the river by building a car and feeling well-off

The M7 sold well just after the pre-sale. The outside world is concerned about Huawei, which sells cars, rather than building a well-off society. Huawei stole all the limelight.

This is the third car that Huawei has cooperated with Cyrus, a subsidiary of Xiaokang, and the second car under the AITO brand. Strictly speaking, M7 is not Huawei’s own car, because its brand name, manufacturing and sales revenue are all owned by Xiaokang Sailis. But the outside world believes that this is Huawei’s car, which was released by Huawei, sold in Huawei’s stores, and personally sold by the top leaders of Huawei’s automobile business.

Actor Hu Jun and Olympic boxing champion Zou Shiming both booked M7. Anyone with a discerning eye can see that they are coming for Huawei, not a well-off society.

The outside world is worried that Xiaokang will become Huawei’s foundry, but Xiaokang does not admit that it has its own ideas. Xiaokang wants to use Huawei’s strength to realize the transformation of new energy automobile business, and the sparrow becomes a phoenix. Its new factory in Shapingba, Chongqing, which is used to produce M7, is called "Phoenix".

But the cooperation with Huawei is both beautiful and dangerous.

From the first car, the Celestial SF5, to the third car, the M7, Huawei’s involvement is getting deeper and deeper, and its voice is getting bigger and bigger.

A Cyrus channel manager told Shentu that the previous rule was that Huawei was in charge of sales and marketing, while Cyrus was in charge of delivery and service, but recently, Huawei slowly began to infiltrate delivery. "The head and deputy head of some stores are all Huawei people, and they are very ambitious."

No company has ever been involved in building cars like Huawei. Huawei has always denied building a car, but it is infinitely close to building a car, making its boundaries blurred. The so-called "asking the boundary" is somewhat "asking the boundary".

However, this does not prevent a well-off society from making money. Shortly after the release of M7, Xiaokang changed its company name to "Sailis" and announced that it had completed a fixed increase of 7.1 billion yuan, which is the largest auto financing project of A shares this year.

Above the water, the two sides cooperated to build a car, which was prosperous, but below the water, the undercurrent surged, and both sides played their own abacus.

Asking for directions by throwing stones: the first car and the third venture

Before cooperating with Xiaokang, Huawei had already entered the automobile industry, and was officially announced at the Shanghai Auto Show in 2019. At that time, it was positioned as a component supplier.

Its partners are not only well-off. BAIC, Changan and GAC, three traditional car companies with deep backgrounds, all cooperated with Huawei, and the time was earlier than Xiaokang.

But in the end, the deepest cooperation with Huawei, the earliest landing and the biggest movement were the well-off society with the weakest sense of existence.

Xiaokang is a traditional car company in Chongqing, and it doesn’t rank very well in the car-making rivers and lakes in China. The earliest company was called Yu ‘an Group, which made motorcycles and had nothing to do with cars. Later, it cooperated with Dongfeng Motor to build the brand "Dongfeng Xiaokang", cut into the automobile industry, and became famous by low-priced vans, and the company was renamed "Xiaokang".

The cooperation with Huawei can be regarded as the third venture of a well-off society.Xiaokang wants to take the road of cooperation with Dongfeng again-set up a new company, Sailis, and build a new energy automobile brand, AITO. The company was renamed "Sailis".

For a well-off society, Huawei’s role is just like the Dongfeng of that year, and it is a white knight on the road to transformation.

Previously, the brand image of Xiaokang has been relatively low-end. Since 2016, it has been a new energy vehicle, which has cost a lot of money and achieved little results. This time, it chose to give its soul to Huawei, trying to make another gamble in the direction of new energy vehicles.

Huawei has always declared that it won’t build cars and wants to be a supplier, but now Yu Chengdong, who is actually in charge of Huawei’s automobile business, has ambitions beyond suppliers.

Huawei is deeply involved as a supplier in the Extreme Fox Alpha S HI version, with many highlights and strong gimmicks, but it has repeatedly delayed delivery; Aouita, built in cooperation with Chang ‘an and Contemporary Amperex Technology Co., Limited, has a high starting point, but it is still unknown whether the market will buy it or not. Only a well-off society, let Huawei take the lead in "getting on the bus", and it is three in one breath.

From mobile phones to cars, Huawei is broadening its own borders on the one hand, and on the other hand, it is also looking at it while walking, throwing stones and asking for directions.

If Huawei is the person who asks for directions on the road to building a car, then a well-off society is a stone thrown by Huawei.

Sailis SF5 is the first car sold by Huawei. This car was released at the Shanghai Auto Show in April last year, produced by Xiaokang, equipped with Huawei’s smart cockpit solution HiCar, electric drive system and audio unit, and sold in Huawei’s mobile phone experience store.

Sailisi SF5

This first "investment" was not successful, and more than 8,000 vehicles were delivered in 2021. One of the reasons is that Huawei is not deeply involved in this car.

Sailis SF5 was actually released as early as 2019. This is the first model of Xiaokang Sailis, and its sales volume is very bleak. After Huawei reached a cooperation with Xiaokang in 2021, it sent a team to improve this car. However, due to the tight time, this car has no essential change in product strength.

After a bad start, Huawei threw out the second stone, this time it was the new brand AITO and the first model M5, or it cooperated with Xiaokang.

Compared with Lisi SF5, Huawei should be more involved in M5. Huawei led the design, R&D and marketing of the M5, and installed all the Huawei components that can be used, including the Huawei HarmonyOS system. Therefore, this car is called the first HarmonyOS car.

The new car was also released by Huawei. Yu Chengdong spent more than an hour at the end of the conference to promote the car.This is the first time in the automobile industry that a mobile phone manufacturer has released cars produced by other car companies.

This second "vote" was a success. Under Huawei’s vigorous shouting, the M5 delivered over 10,000 yuan in three months, which caused some splash in the Jianghu.

There is a saying in the industry that "three generations of Huawei produce high-quality products". By the time the third car comes to the M7, it already has the explosion potential.

M7 appeared at Huawei’s new product launch conference in July. Previously, Huawei has done a lot of preheating for it, which has aroused the market appetite. Yu Chengdong’s enthusiasm for promoting this car even surpassed that of mobile phones.

According to the official data, the M7 pre-sold 60,000 vehicles in three days. This achievement is quite eye-catching in the car circle, indicating that Huawei has figured out the way to sell cars.

However, the question also follows. Who does the car built under this cooperation mode belong to? How to locate your identity when you still have a weak sense of well-off?

Take what you want: Huawei wants fame, well-off society wants profit.

Huawei firmly controls the dominance of this cooperation. Many people have drawn the equal sign between the company and Huawei directly, so that the owner of M5 in the company has removed the "Sailis" logo from the rear of the car and replaced it with Huawei logo. Is Huawei building a car? It’s like a window paper, and it will break when you poke it.

Huawei needs cars.Even if "the automobile business is Huawei’s only loss-making business, which costs more than one billion dollars a year", it must be done.

After being sanctioned by the United States two years ago, Huawei was unable to get 5G chips from the outside and was forced to sell its glory. The mobile phone business that originally contributed a lot of revenue to Huawei experienced a cliff-like decline.Only cars can fill the gap in the lack of mobile phones.

However, it is not convenient for Huawei to build a car directly. Some analysts believe that Europe is an important market for Huawei’s traditional business. Huawei does not want to turn European car giants into enemies because of building cars, leaving a handle that is both a supplier and a competitor.

The top-level tone comes from Ren Zhengfei. He hopes that Huawei will become a global first-class supplier of smart cars and "help car companies build good cars". The "No suggestions to build cars" order issued by him is still valid for more than one year.

Source/vision china

Yu Chengdong, the "hawk", is more anxious than others. He made a crazy test on the border of Huawei’s car-making, which not only violated Ren Zhengfei, but also cleverly went deep into the product process of car-making. The final product was two new cars arranged by Huawei, which created this magical cooperation model with Xiaokang.

Generally, traditional Tier 1 suppliers are less likely to publicize, and consumers are more inclined to know about car companies than suppliers who provide parts.. Judging from the official information that Huawei wants to be a smart car, the positioning should be to be a Tier 1 supplier that provides parts for car companies. The boundary is relatively clear and will not enter the vehicle field. However, from the current cooperation with some automakers, there are also some cooperation with vague boundaries. Especially this year’s AITO brand. According to the experts of Third Bridge High-tech Consulting,The supplier role of Huawei Tier 1 seems to be beginning to blur.

Huawei took a step forward from Tier1 and became Tier0.5, which crossed the border a little bit and even took the lead. In this process,Xiaokang became that stone, which not only made Huawei ask for directions, but also let it cross the river by feeling the stones.

Let’s look at the other side of cooperation-Xiaokang.

Many people believe that Xiaokang is gradually becoming Huawei’s foundry and losing its dominant position. However, in the narrative of well-off, it is on an equal footing with Huawei and will not do OEM, even though it mainly undertakes the production function.

"I didn’t do a foundry before and now, let alone a foundry." Zhang Xinghai, who has stepped down as the chairman of the group and retired from the background, said categorically at an investor exchange meeting in January this year.

In Zhang Xinghai’s view, Xiaokang entered the automobile industry through cooperation with Dongfeng Group 18 years ago, and achieved the first successful cross-border without being a foundry. So if we cooperate with Huawei for the second cross-border, we will not be a foundry.

This is consistent with Huawei’s external caliber: "The car is still a well-off Cyrus, and Huawei’s role is to assist.. "

Whether it’s a main attack or an assist, it’s not a problem until the cake gets bigger, because there is no cake to be divided. It would be nice for both sides to do their best, take what they need and push forward the matter of building cars.

According to Xiaokang, the cooperation mode between Huawei and Xiaokang is:Huawei is deeply involved in product definition, quality control and channel sales, while Xiaokang is responsible for R&D, manufacturing, delivery, service and creating a life-cycle user experience.

In short, Huawei decides what cars to build and how to build them, and is responsible for selling them, while Xiaokang is responsible for production delivery and after-sales service.

Liu He, the channel manager of Cyrus, confirmed this statement to Shentu. "Huawei is responsible for sales and marketing, and Cyrus is responsible for delivery and service, so the experience center is Huawei and the user center is Cyrus." He said. At the beginning of this year, Celeste’s national stores have been changed into AITO brand user centers one after another, in order to prepare for fully promoting the sales and service of vehicles with the brand of Wenjie.

Regardless of the project dominance, the benefits that a well-off society will gain from it are obvious.

An industry insider who is close to a well-off society told Shentu,The brand of the car is well-off, and the sales revenue is well-off. For every car sold by Huawei’s stores, the corresponding commission is extracted.. Therefore, even if Huawei is deeply involved in product definition, it will still be a supplier model in the end.

For Huawei, the long-term strategic significance is greater than the short-term financial return. Huawei took this opportunity to penetrate the intelligent networked automobile market, go deep into the automobile manufacturing process, and complete the layout in terminal sales, which is more convenient than building cars directly by itself.

Moreover, as long as the series of models in the world continue to sell well, Huawei has set a benchmark case in the industry, which has laid the foundation for Huawei to cast a bigger net.

Don’t ask West East: Will the delicate relationship be broken?

After more than a year of cooperation, although there are rumors from time to time, Huawei has not made equity investment in Xiaokang. This casts a layer of uncertainty on the stability of this cooperation.

"There is no joint venture between Huawei and Xiaokang, and it can be withdrawn immediately if it is withdrawn." Liu He said to the deep road.

At present, both Xiaokang and Huawei are open to the outside world."It is not up to us to decide who Huawei cooperates with." Xiaokang once said.

Huawei is now involved in building a car in three modes:

First, as a component supplier., providing car networking modules and other spare parts products to car manufacturers, such as Huawei’s motor and battery management system, etc. This model has the lowest participation of Huawei;

The second is HI(Huawei Inside) mode.Car companies use Huawei’s complete set of smart car solutions, and the tail of the vehicle is marked with "HI". Typical cases are extremely fox and Aouita;

The third is the "Huawei Intelligent Selection" model., led by Huawei, provides full-stack solutions, and Huawei terminal BG defines products, carries out industrial design, grasps user experience and realizes product sales. This model has the deepest participation of Huawei.

Of these three modes, the first two toB (for enterprises) and the third toC (for consumers), and Yu Chengdong, who has been in charge of Huawei’s consumer business before, is famous for his "big mouth", prefers the third mode. Xiaokang is the only partner with a project under this model.

Huawei has every right and freedom to choose more partners, just as it can decide whose car to drive into its 5000 stores nationwide. It is reported that Chery, Jianghuai and Polar Fox, in addition to Cyrus, have reached cooperation intentions with Huawei to choose smart cars.

Previously, only Celestial SF5 and Wenjie M5 were sold in Huawei offline stores. With the delivery of the Extreme Fox Alfa S HI version, Aouita 11 opened the reservation, and more models were queuing to enter Huawei stores. Xiaokang will soon be no longer the only one.

Huawei’s background and power make many car companies both love and fear when they cooperate. Liu He said to Shentu, "Huawei has people in almost every department in Celeste, and the personnel department is no exception."

Contradictions and frictions in cooperation are inevitable. Liu He was puzzled by the complicated relationship between Cyrus and Huawei, and it was difficult for him to understand Huawei’s culture. "Xiaokang wants to learn Huawei’s wolf culture, but Huawei’s so-called wolf culture shows a strong desire for control and wants to catch everything. It’s really unbearable."

Xiaokang is well aware of his situation. How to maximize the benefits in this subtle cooperative relationship and draw a clear line of safety at the same time is a big test for a well-off society.

Xiaokang doesn’t want to be a foundry,It hopes to turn Huawei’s power into its own and gain more say for its future development.

An anonymous user said that Xiaokang invited Huawei to write the basic law of Xiaokang, learn super hard every day, make a value evaluation system, and offer online classes like universities, with various activities every month. These practices are to learn from Huawei’s organizational competitiveness.

This is also reflected in the organizational structure.

At the end of last year, Xu Lin, CTO of Xiaokang Co., Ltd., added a new title-President of Celeste (rotating), which was the first time that Celeste appeared as the rotating president. Huawei began to implement the rotating CEO system as early as 2011, and implemented the rotating chairman system in 2018.

Huawei crossed the river by building a car and feeling well-off

According to a recruitment information obtained by Shentu, Xiaokang was still recruiting a rotating president in March this year, and his work place was located in Chongqing. At that time, he was also recruiting the general manager of the Science and Technology Center, the general manager of the M5 product lines in Wenjie, and the director of Huawei’s background strategic planning department. The position of director of strategic planning department is directly related to Huawei, requiring familiarity with Huawei BLM and leading the strategy formulation of BU or BG.

Xiaokang has its own ideas, and it tries to use Huawei’s strength to complete organizational change and strategic transformation.

Some people regard the cooperation between Huawei and Xiaokang as a special choice in a special period. In the difficult period of each other, the two sides hit it off and created an unprecedented cooperation mode, leaving a big stone behind the already unsettled lake surface of the car circle.

This thrilling leap may enable Huawei to cross the river and go ashore well-off. But after crossing the river, the time to cut the cake has not yet arrived.

Growth enterprise market index fell by 1.37%, northbound funds sold by 4.4 billion yuan, and the precious metals sector rose against the trend.

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  The three major indexes of A shares fell collectively,It fell by nearly 1.4%, and the net sales of northbound funds exceeded 4 billion. On the disk, the mining industry rose sharply, and Tongyuan Petroleum, Baken Energy, Bomaike, Zhongman Petroleum and Renzhi shares rose daily. The precious metals sector strengthened, Sichuan gold rose daily, and Zhongrun resources rose by more than 8%. Diet pills, oil, gas, jewelry, aerospace and other sectors are in the forefront of the increase list. Energy metals, semiconductors, Chiplet concepts, memory chips, PVDF concepts, batteries, fluorine chemicals and passive components performed poorly, leading the market down.

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  As of the close of noon,Down 0.40% to 3075.80 points; The Shenzhen Component Index fell 0.99% to 9968.99 points; Growth enterprise market index fell 1.37% to 1969.24 points; The Science and Technology 50 Index fell 1.49% to 878.47 points. The total turnover of the two cities in half a day was 525.2 billion, and the net sales of northbound funds was 4.415 billion.

  The closing rate of 45 shares is 67.16%.

  In terms of daily limit stocks, as of noon closing, a total of 45 stocks had daily limit, and another 22 stocks once touched the daily limit, with a closing rate of 67.16%.

  In terms of individual stocks, the auto sector has multiple daily limit, Shenglong shares have 15 days and 8 boards, and Jintuo shares and Beiqi Blue Valley have daily limit; Oil and gas stocks rose collectively, with daily limit of Tongyuan Oil, Beken Energy, Bomaike and Zhongman Oil. Gold stocks fluctuated and strengthened, and Sichuan gold rose daily; The concept stocks of diet pills continue to be active, and Baihua Medicine and Shuanglu Pharmaceutical have daily limit; The concept stocks of computing power fluctuated and rebounded, and Sichuan Changhong, Tongfang, and Tefa Information had daily limit; Military stocks changed in intraday trading, Morning Air rose more than 10%, and Zhongtian Rocket had a daily limit. In terms of decline, chip stocks collectively adjusted to make a good limit.

  Northbound capital: net outflow of 4.415 billion yuan.

  As of midday, there was a net outflow of northbound funds, of whichThe net outflow was 1.994 billion yuan, and the net outflow of Shenzhen Stock Connect was 2.421 billion yuan, totaling 4.415 billion yuan.

  industryDirection: 370 million inflows of precious metals

  In terms of industry funds, as of noon closing, precious metals, mining industries, etc.Ranked high, with a net inflow of precious metals of 370 million yuan.

  In terms of net outflow, the net outflow of optical optoelectronics and semiconductors ranks high, of which the net outflow of optical optoelectronics is 3 billion yuan.

  Transaction amount of individual stocks TOP10

  In terms of the turnover of individual stocks, as of the close of noon, Cyrus ranked first in the two cities, with a turnover of 7.433 billion yuan; Shenzhen O-film Tech Co.,lt ranked second with a turnover of 6.678 billion yuan.

  Today’s news

  The adjustment and optimization of securities lending related systems is conducive to activating the market and boosting confidence.

  On October 14th, the CSRC adjusted and optimized the system of securities lending and strategic investors’ lending of allotment shares, and tightened the securities lending and strategic investors’ lending of allotment shares in stages on the premise of keeping the system relatively stable. On the same day, the Shanghai and Shenzhen Stock Exchanges issued "On Optimizing Securities Margin Trading andThe notice on relevant arrangements for securities lending transactions further refines the relevant rules, and the increase in the margin ratio for securities lending will be implemented as of October 30, and other provisions will be implemented as of October 16. Tian Lihui, dean of the Institute of Financial Development of Nankai University, told the Securities Daily that the optimization of the securities lending system has increased the cost of securities lending, constrained the insider’s securities lending behavior, and demonstrated that the regulatory authorities are advancing with the times on the premise of respecting the market. Strengthen the responsibility and actions of "countercyclical adjustment".

  The central bank continued to exceed 789 billion yuan, and the MLF interest rate remained stable.

  The central bank launched a 7-day reversal of 106 billion yuanOperation and 789 billion yuan one-year MLF operation, won the bid.Both are flat, 1.8% and 2.5% respectively. Today, there are 240 billion yuan of reverse repurchase and 50 billion yuan of treasury cash deposits due.

  40 billion! The securities industry today targeted "RRR cuts"!

  China Securities Depository and Clearing Co., Ltd. will formally implement the arrangement of reducing the minimum settlement reserve for stock business on October 16, 2023. After the implementation, the proportion of reserve payment will be reduced from the original 16% to the expected target of 13% on average, which is nearly 40 billion yuan compared with the funds released in September.

  Good news! ICBC, Agricultural Bank of China, Bank of China, China Construction Bank, Postal Savings Bank and Bank of Communications announced fee reduction and profit reduction.

  In order to further guide the banking industry to support the development of the real economy and enhance people’s financial consumption experience, on October 12th, under the guidance of the regulatory authorities, China Banking Association issued the Proposal on Adjusting the Price of Some Banking Services to Improve the Quality and Efficiency of Services. Specifically, the fee reduction and profit-making projects involve bill handling fee, cost, personal deposit account statement printing fee, cost of security authentication tool, credit card transaction reminder, overpayment transfer fee, annual fee replenishment mechanism, repayment time and tolerance service mechanism, etc. As of October 13th, Industrial and Commercial Bank of China, Bank of China, China Construction Bank, Agricultural Bank of China, Bank of Communications, etc. have announced that they will actively respond to the initiative of China Banking Association, increase the efforts to reduce fees and make profits, and continuously optimize customers’ financial experience, but the specific implementation details and implementation time need to be announced later.

  Pan Gongsheng, the governor of the central bank, recently voiced that monetary policy should continue to exert efforts and take advantage of the situation

  Pan Gongsheng said that in the next step, China will pay more attention to the balance between economic growth and sustainability and actively promote high-quality and sustainable development on the basis of maintaining a reasonable growth rate. In terms of monetary policy, Pan Gongsheng said that China’s prudent monetary policy is precise and powerful, and it has intensified countercyclical adjustment, effectively responding to domestic and international risk challenges and consolidating the economic recovery. In the next step, we should continue to exert ourselves and take advantage of the situation, give full play to the dual functions of monetary policy tools, focus on expanding domestic demand, boost confidence, accelerate the virtuous circle of the economy, and provide stronger support for the real economy.

  After the holiday, non-stop research on pharmaceutical stocks and diet pills has attracted special attention.

  The attention of institutions to the pharmaceutical sector is increasing. In terms of funds, more than one pharmaceutical stock has boarded in the past week.Many institutions continue to increase their positions. ConggeFrom the point of view, some strategy chiefs once again listed the pharmaceutical sector as one of the key sectors in the fourth quarter. In addition, in just one week after the National Day holiday, many pharmaceutical companies have accepted dozens of well-known companies..

  Public offering to play new music is tireless in order to enhance income.

  Since this year, participationPublic offeringThe number of products reached 4,848, and the total amount allocated reached 46.056 billion yuan, of which 74% of equity funds in the whole market participated.. The market continues to fluctuate, and innovation is considered to be one of the important ways for Public Offering of Fund to obtain low-risk absolute returns. The data shows that dozens of small-scale funds this yearFor itContributed at least 2 percentage points of income.

  The latest shareholding exposure of social security fund! Appeared in a number of A-share companies favor these stocks.

  With the disclosure of the third quarterly report of listed companies in 2023,The fund’s position trend also shows the tip of the iceberg. The latest three quarterly reports that have been disclosed at present show that social security funds have appeared in the top ten of a-share listed companies in the third quarter of this year.Among them, companies with relatively stable operation and performance are generally favored.

  Institutional point of view

  Guosheng Securities: It is expected that the demand for home furnishing in the peak season of "Golden September and Silver 10" will continue.

  Guosheng Securities Research Report pointed out that household consumption recovered during the 11th period, and the growth of Q4 leader is expected to accelerate. All home stores have started the "home rejuvenation consumption season" nationwide, and all regions have actively cooperated with the government to issue and undertake electronic coupons. We expect that the demand in the "Golden September and Silver 10" peak season will continue, and there is still room for improvement in the demand of first-and second-tier cities under the catalysis of policies, and the growth of home leading performance is expected to accelerate under the low Q4 base.

  Guotai Junan: The siphon effect in the beauty industry is further enhanced.

  Guotai Junan Research Report pointed out that the siphon effect of the beauty industry was significant in 2023, and it is expected that the growth rate of the Double Eleven will improve. Under the background of slow recovery of the consumption market, consumers tend to concentrate on buying when the big promotion discount is strong, so the siphon effect of the beauty market in 23 years has been further enhanced. Specifically, the growth rate of brands in Q1 and Q3 has dropped significantly in the off-season, but the head beauty companies in Q2 have made marginal improvements under the catalysis of 618. We expect that the beauty industry is expected to see an improvement in growth rate under the catalysis of the annual big promotion and double eleven.

  Dongguan Securities: The pharmaceutical sector is at a relatively low valuation in the past decade, and the sentiment of the sector continues to pick up.

  Dongguan Securities Research Report pointed out that the over-allocation rating of the pharmaceutical and biological industries should be maintained. The diet medicine industry chain has driven the plate sentiment to continue to pick up. In the sub-edition, GSK is the exclusive agent of Zhifei Bio.The heavy products of herpes zoster are good for stimulation, and the vaccine sector is among the top gainers this week. At present, the pharmaceutical sector is at a relatively low valuation in the past decade, and the sentiment of the sector continues to pick up. We can be moderately optimistic about the current position of the sector, and follow-up suggestions are to pay attention to structural opportunities such as diet pills industry chain, innovative drugs and medical services. The concerned sectors include medical equipment: Mindray Medical, UIH Medical and Australian-Chinese Endoscopy. Pharmaceutical business: Yifeng pharmacy, Dashenlin, Yinxintang. Medical beauty: Aimeike, Huadong Medicine, etc. Chinese medicine: China Resources Sanjiu, Tongrentang, Yiling Pharmaceutical; Innovative drugs: Hengrui Pharma, Huadong Medicine, etc.

  Zheshang Securities: It is expected that monetary policy will continue to be loose.

  Zheshang Securities Research Report pointed out that the total amount of credit was stable in September, but the resilience of the structure was relatively weak. We believe that China’s economy is still in a weak repair period, and credit data is still driven by "supply". Relevant policies are still needed to continue to pull "demand". As of September, we estimated that the excess savings balance of residents was 7.27 trillion yuan, an increase of about 93.7 billion yuan over the previous month, and continued to accumulate. In September, both the growth rates of M2 and M1 dropped, and the growth rate of M1 dropped to 2.1%, which means that the economic vitality still has room for repair. Generally speaking, we expect monetary policy to continue its loose tone, but the broad currency may converge and the focus will shift to broad credit. For large-scale assets, it is expected that China’s fundamental policies may be gradually strengthened, stocks attach importance to cyclical investment opportunities, and bonds remain volatile.

  Ping An Securities: Structural warming characteristics are heating up.

  Ping An Securities Research Report pointed out that A shares continued to consolidate last week, and the performance of electronics and automobile industries was relatively dominant, with obvious structural recovery characteristics. On the whole, although the short-term overseas risk disturbance still exists, the direction of marginal improvement of domestic economy and sustained efforts of policies has not changed, and the cost-effectiveness ratio of A-shares that have been adjusted to the relatively bottom area will gradually emerge in global risk assets. Structurally, it is suggested to continue to pay attention to the pro-cyclical dividend strategy, the pharmaceutical sector with a warmer market sentiment, the automobile sector with a rebound and transformation, and the TMT sector under the wave of technological trends.

  CITIC Securities: Continue to pay attention to Huawei’s industrial chain and the "Kunpeng+Shengteng" ecology.

  Citic Securities Research Report pointed out that overall, the global semiconductor boom has gradually bottomed out in Q2 this year. In September, the launch of Huawei+Apple’s new machine is expected to drive a new wave of rotating machines, and Q3 will start to consume electronics or enter the traditional peak season. The bottom of the memory chip cycle is clear, and DRAM/NAND welcomes the price increase; The performance of digital chips is divided, the downstream demand such as mobile phones and PCs is gradually recovering, and the demand related to AI is in an explosive growth stage; Analog chips are still waiting for the recovery of downstream demand, and the industry is under short-term pressure. Breakthroughs in core "stuck neck" links such as chips also boosted market confidence. In the short and medium term, it is suggested to continue to pay attention to Huawei’s industrial chain and the "Kunpeng+Shengteng" ecology. In the long run, the upstream high-end equipment, parts and materials will be the most direct beneficiaries of domestic alternative logic. Follow-up should continue to pay attention to Huawei’s shipments, chip yield, orders and further restrictions in the United States.

  GF Securities: Social integration was acceptable in September, and it is expected to continue to be repaired this year.

  GF Securities Research Report said that the current market pricing impact clues are more complicated and diversified; Objectively speaking, the social integration data in September is still relatively positive. Looking back, the total amount of social integration still has the kinetic energy to be further repaired during the year. First, the central bank’s meeting on August 18th explicitly demanded that "major financial institutions should take the initiative and increase the lending, and state-owned banks should continue to play a pillar role", which is obviously different from the "moderate total amount and steady pace" at the beginning of the year. Second, corporate bonds have a low negative feedback base in the bond market in the fourth quarter of last year; The third is the stock mortgage.After the adjustment, the early repayment behavior of residential departments may be reduced; Fourth, a new round of debt securitization may bring about some social integration increments. The social financing structure may also be optimized, and long-term loans in the enterprise sector may be affected by debt conversion, but the actual financing demand should not be too bad in the environment of profit recovery and centralized issuance of special bonds.

  China CITIC Construction Investment Co., Ltd.: Huawei’s cross-border orders continue to exceed expectations, and related industrial chains are expected to benefit.

  Citic Jiantou pointed out that the latest data of the Association showed that the wholesale sales volume of passenger cars in September was 2,451,700, +6.8% year-on-year and+9.6% quarter-on-quarter; Retail sales were 2,018,500 vehicles, up +5.0% year-on-year and+5.0% quarter-on-quarter; The wholesale of new energy passenger cars was 829,000, +23.0% year-on-year and +4.2% quarter-on-quarter, corresponding to the electrification penetration rate of 33.81%; On September 25-30, it retailed 128,600 vehicles, which was-5% year-on-year; Wholesale 153,500 vehicles, -6% year-on-year, and the wholesale end weakened slightly year-on-year. Recently, the new M7, Tucki G9, Zhiji LS6 and other models have been put on the market, and the price bands have dropped significantly. Among them, the new M7 car in the world of inquiry has a high degree of attention. On October 6th, the world of inquiry revealed that it had definitely exceeded 50,000 units, because its own products were strong and coincided with the high attention of Huawei’s mobile phone brand, and the M7 car in the world of inquiry spread in circles. The order of the intelligent driving version exceeded 60%, and the user’s cognition and acceptance of high-level intelligent driving was significantly improved. The automobile supply chain in Wenjie is improving its production capacity, and the parts with high value and high share are expected to benefit.

  CICC: Focus on three main investment lines in combination with the results of the third quarterly report.

  The research report of CICC believes that three main investment lines should be paid attention to in combination with the performance of the third quarterly report. As the profitability of listed companies is expected to improve marginally, compared with the first half of the year, it is suggested to increase the allocation weight in the fields of performance cashing and fundamental improvement. At present, high-growth areas are still relatively scarce, so it may be an important investment idea to grasp the fundamental inflection point and repair elasticity. In the stage of performance forecast and report disclosure of the third quarterly report, we should focus on: 1) the booming areas where the performance of the third quarterly report may exceed expectations or improve month on month. 2) The sub-sectors of scientific and technological growth that conform to new technologies and trends and have industrial catalysis, such as communications, semiconductors, consumer electronics, etc., which are expected to benefit from industrial autonomy and their own industrial prosperity improvement, and the pharmaceutical organisms that have been adjusted more in the early stage and have marginal mitigation expectations in industrial policies are also worthy of attention. 3) The improvement of demand, the improvement of supply pattern such as inventory and production capacity, and the areas with strong performance flexibility are worthy of attention, such as liquor, auto parts and upstream resource industries.

  Donghai securities: All-vanadium flow battery meets the development opportunity

  Donghai securities Research Report pointed out that the safety of energy storage power stations requires the development trend of superimposed long-term energy storage, and all-vanadium redox flow batteries meet the development opportunity. The high installed capacity of wind and solar energy has improved the demand of new power system for consumption, peak regulation and frequency modulation, superimposed with the implementation of relevant domestic storage policies, and the long-term trend of energy storage has become increasingly clear, and the long-term energy storage route such as all-vanadium redox flow battery has a good opportunity for development. At present, the life cycle cost of vanadium battery is better than that of lithium battery and sodium battery. Marginal cost decreases with the length of energy storage, and the cost advantage is prominent in the long-term energy storage market. In addition, the construction period of vanadium battery is short, the floor space is small, the site selection is not limited by natural resources, and it can flexibly adapt to all sides of the source grid load and has stronger adaptability to wind and solar installations. At present, the industrial chain of vanadium batteries has basically formed, and the market demand needs to be released urgently.

  Hua Fu Securities: The quarter-on-quarter improvement of some tracks in the chemical industry is worth looking forward to

  Hua Fu Securities Research Report pointed out that the third quarterly report was disclosed in October, and the quarter-on-quarter improvement of some tracks in the chemical industry is worth looking forward to. Looking to the future, it is necessary to actively grasp the profit release and high profit under the background of high prosperity of traditional energy (coal-crude oil)The high dividend effect brought by low valuation, while actively tracking the changes in the sub-track. It is suggested to pay attention to: 1) energy security: China’s special estimate, abundant cash flow & stable dividends; 2) Middle and lower reaches: refining and chemical industry, tires, chemical fiber, fluorine chemical industry, coal chemical industry, agrochemical products (leading compound fertilizer), membrane materials, real estate infrastructure materials (alkali, titanium dioxide, silicone rubber, paint, etc.), modified plastics, dyes, civil explosives and surfactants; (3) New materials: high-end polyolefins and catalysts, aerogels, high-end carbon black, OLED luminescent layer materials, semiconductor and lithium battery materials, aviation and special ship materials, sweeteners and bio-based materials.

  Orient securities: The medical demand is rigid, and the long-term trend of the industry is improving.

  Orient securities Research Report pointed out that in the long run, medical insurance fee control and normalized centralized purchasing will continue, and enterprises need to choose new varieties and fully grasp the clinical needs. Therefore, we are optimistic about enterprises with real innovation ability, and suggest focusing on the demand opportunities at the product end. In terms of medical devices, the conventional diagnosis and treatment continues to resume the marginal relaxation of the superposition policy, and the plate is expected to usher in Davis’ double click. It is recommended to pay attention to Mindray Medical, Sanyou Medical and Bairen Medical. In terms of innovative drugs, research and development continue to be promoted under strict review, and attention should be paid to cutting-edge clinical progress. It is suggested to pay attention to Hengrui Pharma, Jingxin Pharmaceutical and Kangchen Pharmaceutical. In terms of CXO, the industry prosperity is expected to improve marginally, which has the bottom investment value. It is suggested to pay attention to Sunshine Nuohe, Wuxi PharmaTech and Kanglong Chenghua.

  Open source securities: coal prices fluctuated at a high level, and stable performance and high dividends made the valuation cost-effective prominent.

  The open source securities research report pointed out that we maintain the logical recommendation of high winning rate and high margin of safety for the coal sector, and both offensive and defensive: from the perspective of high winning rate, high dividends have gradually been favored by capital market funds, and high dividends for coal enterprises have become a major trend; At present, the steady growth policy is introduced and exceeds expectations, and coal stocks will also become offensive varieties. As an upstream resource link, it will inevitably be boosted by downstream demand, reflecting the price increase. In terms of safety, we believe that the valuation of coal stocks has been at the bottom of history, PE valuation is 5-6 times of the performance in 2023, and the PB-ROE method is used to analyze that coal stocks have a high ROE, but Pb is greatly discounted, and the value of coal enterprises is underestimated. Beneficial targets with high flexibility, high dividends and growth: mountain coal international, Yankuang Energy and Shanxi Coking Coal; Beneficial targets of steady and high dividends: China Shenhua and Shaanxi Coal Industry.

  Guohai Securities: Adhere to AIGC Main Line+Cinema Line+Low Valuation Main Line.

  Guohai Securities Research Report pointed out that there was a temporary adjustment in September due to the poor box office performance caused by the empty window of supply and the expected landing of the interim report. The economic recovery is superimposed on the emotional recovery of watching movies, optimistic about the performance elasticity of the film and television sector; The normal distribution of the game sector and the new product cycle are expected to release profits. At the present stage, we are still optimistic about the application of AIGC in the media industry. Media companies have the advantages of users, scenarios and data. In the future, cooperation with large model manufacturers is expected to improve content production efficiency, enhance experience, accelerate industry innovation, and continue to pay attention to the application development of games, IP, marketing, e-commerce, education, film and television. At present, we adhere to the strategy of AIGC mainline+cinema line+low valuation leading stock selection. We believe that AIGC is expected to bring a new round of content productivity revolution.

  Shanxi securities: optimistic about the performance of gold and jewelry enterprises in the third quarterly report

  Shanxi Securities Research Report pointed out that from the report point of view, we continue to be optimistic about the performance of gold and jewelry enterprises in the third quarterly report, driven by the Qixi Festival in August and the franchisees actively stocking in September. From the perspective of follow-up demand, after a short-term rapid decline, gold prices have started to rebound, and both international gold prices and domestic gold prices have rebounded. Continue to be optimistic about the relative prosperity of the gold and jewelry industry in optional consumption. In the medium and long term, we are still optimistic that the progress of gold technology will continue to stimulate young consumers to satisfy their needs. It is suggested to pay active attention to Zhou Dasheng, Lao Fengxiang and Chao Hongji.

  Central china securities: Pay attention to the film and television, games and advertising sectors with rising prosperity.

  Central china securities Research Report pointed out that the overall performance of the media sector rebounded in the first half of the year, and the fundamentals showed an improvement trend. Although some sub-sectors once experienced short-term performance pressure, there is a greater possibility of improvement in the future. Q2′ s film, television, advertising and book sales have been well restored. At the same time, since the end of Q2, the market scale of film, television, advertising and games has improved, and the demand for cultural consumption and advertising has rebounded, which is expected to support the performance of Q3′ s media sector and continue into Q4. In the medium and long term, we will continue to pay attention to the new changes brought by AIGC technology to the industry, including the changes of content production mode, the innovation of commercial realization mode, the revaluation of industrial chain value and the changes of competition pattern. It is suggested to pay attention to the film and television, games, advertising and publishing sectors with strong defensive attributes, and pay attention to the performance of key companies in the third quarter recently disclosed.

  China Post Securities: The short-term A-share environment is intertwined and will continue to fluctuate and grind the bottom.

  China Post Securities pointed out that short-term A-shares will continue to fluctuate and grind to the bottom in the face of mixed environment. The industry configuration recommends the scientific and technological direction represented by electronics, automobiles and medical biology, and can pay attention to bank insurance in the short term. The fundamentals of the domestic economy are improving, but the trend of strong recovery has not yet been determined. We will continue to recommend the science and technology sectors with improved winning rate due to risk preference, mainly including automobiles and electronics related to Huawei’s smart driving concept, as well as medical organisms driven by the development trend of diet pills industry and key products going out to sea. Bank insurance will have a certain comparative advantage in short-term because of the public increase in Huijin’s secondary market and overseas risks. In the medium and long term, it is suggested to pay attention to three main lines. The first category is the target related to the decline in the potential growth rate of macro-economy and the decline in macro-economic capital expenditure, which mainly corresponds to high dividend assets. The second category is the science and technology sector with independent research and development as the main line, such as Huawei’s industrial chain and semiconductor equipment. The third category is the global distribution enterprises deeply involved in the global industrial division of labor, such as consumer electronics, automobiles, medicine and machinery.

Career-only Workplace Drama: Can "Ideal City" Achieve "Overtaking in Curves"?

Author: a dead end

Reprinted source: a little drama reading (ID: yidianjd)

"The cleanliness of the cost table means the cleanliness of the project" and "All the time, is that right?" ….. When Su Xiao, played by Sun Li, said these words to his leaders and colleagues, the workplace drama door of the TV series "Ideal City" officially opened to the audience:

In the workplace ecology outlined by screenwriters Zhou Wei and Luo Hong, the heroine Su Xiao is no longer a "white workplace girl" with a golden finger and attached to a man step by step, and several waves of characters standing on the opposite side of the heroine also have their own calculations, instead of being a facelift "bad guy" who is mentally retarded and does not conform to the logic of the characters … The real, vivid and behavioral logic workplace side can be said to be a good impression for the early stage of the play; At the same time, the industry background with the construction industry as the entry point and the cost engineer as the entry point has also filled a blank in China’s workplace drama.

It can be said,"Ideal City" is quite stable in word-of-mouth level.Su Xiao, played by Sun Li, has the basic qualities of a "workplace employee" in terms of makeup and personnel design; The scene of old people in the workplace, led by Zhao Xiankun (Yu Hewei) and Wang Yang, fighting with young people and old cadres at the same level is more like a "career plan" full of philosophy.

Where there are people, there are rivers and lakes, and where there are rivers and lakes, there will be disputes. In this regard, "Ideal City" has basically achieved the top level of the current reputation of workplace dramas in China. It is a pity that this "Magnolia Sky Group" starring Sun Li and composed of many old and new faces such as Mark Chao, Yu Hewei, YCY and Chen Minghao (note: Sun Li, Yu Hewei, Mark Chao and director Liu Jin all won or nominated Magnolia at least once) did not get off to a good start in the market.

According to relevant data, the average daily ratings of the drama have basically stabilized at around 0.41% since it landed on 8 sets of Oriental TV and CCTV on August 12th-the ratings of prime-time files are not as good as those of "Sweeping the Black Storm" broadcast on the same platform (CCTV 8) and slightly lower than those of the family drama "Dear Mom and Dad", which also makes the drama lose face slightly. According to the data of Guduo, the highest historical popularity of the drama is 67.25, which is far from the highest popularity of the drama "You are my glory" (88.67).

Can the follow-up of "Ideal City" be "supported"? Is this workplace drama based on China architecture worth watching? Does Sun Li still have the ability to "carry drama" after Empresses in the Palace’s "Settle Down"? It is worth exploring.

"career-only workplace drama",

The "core" of Ideal City is very hard.

  

Although there are a large number of workplace dramas broadcast every year in China, there are few works that can really stand the assessment of the word "workplace". The last workplace drama that won unanimous praise from the public was "Ordinary Glory" with the situation of "applauding without being a hit", and the last one may be "Blame You for Being Too Beautiful" focusing on the entertainment industry and targeting the relationship between brokers and artists.

The final word-of-mouth trend of "Ideal City" may not be as 8 points as its predecessors, but it is well-deserved to wander around Douban 7.5. Focusing on the construction industry and taking the cost engineer as the entrance, this is an industry ecology of workplace drama for the audience in Ideal City. In this industry ecology, the audience can initially understand what a cost engineer is. The construction of a building, what manpower and material resources are needed, and how much preparation is needed in the early stage.

"The pile is reinforced concrete, but it is built by people’s hearts." Behind every high-rise building, the most complicated thing is often not professional skills and academic cost, but the untouchable relationship between people’s minds and workplaces. For this reason, in the story of Ideal, there are not only younger generations such as Su Xiao and Wu Hongmei, who have been in the workplace for several years, but also the "Xia Ming" generation, which has lost the edges and corners of their youth and is more stable and mature, and the older generation of leaders who are deeply hidden and seemingly harmless but are full of "small thoughts".

What "circles" these people together is a top-level domestic well-known private enterprise, Yinghai Group. The company is made up of Zhao Xiankun, Wang Yang, Huang Lilin and other old backbones. Today, it has become a large enterprise with five subsidiaries. Tiancheng, where Su Xiao is currently located, and Tianke, where Xia Ming is located, belong to this company, and they are also the two most competitive subsidiaries.

Judging from the 13 episodes currently broadcast, the audience saw at least three complicated career lines in the play. One is the personal career struggle history headed by Su Xiao. Su Xiao, who lost the qualification certificate of first-class cost engineer after taking the blame for his former company, faced with all kinds of scheming in the workplace, such as being unable to find a job, being blacklisted by the industry, being "hard-working" by the leaders, being excluded by colleagues and so on.

The other is from Su Xiao’s entry into Tiancheng Company, explaining the past of the two subsidiaries, and exposing the infighting between the leadership and the river’s lake grievances for more than ten years, which is also an important foreshadowing of the play; The last one is to introduce an "audit team". The parent company seems to trust the leaders of the two subsidiaries, but in fact it is suspicious and unannounced, which also highlights the real power arena behind the group … It can be said that "Ideal City" presents a real workplace arena to the public through the creative techniques of point to face and grass snake gray line.

This arena is not only full of bureaucracy and intrigue between the old school, but also full of "tactfulness" of the younger generation based on their own ideals. I’m glad,At last, the domestic workplace drama has an "attack" scheme in which all the pros and cons have online IQ. At the same time, the interpersonal science and the dark side of human nature involved behind the workplace are all full of it.

This is the "hard core" of "Ideal City", and it is also an important reason why the play is well received by the public at present.

Behind the "kernel",

"Ideal City" also has flaws?

  

It is undeniable that "Ideal City" is not too badly hurt in the content creation level, and even shows "workplace scheming". However, in terms of professional knowledge, this drama is just like some previous workplace dramas, and there are flaws.

First pointed out by netizens,It is the responsibility of the cost maker, which is presented by Su Xiao shortly after the opening of the drama.It is understood that in the project, the cost engineer often has a series of management and budget investment responsibilities for the project, and does not have the problems of project quality and project payment presented in the play.

In addition, the 32-gauge horse stool, the white hat worn by the construction workers, and the contract department that was the first to be held accountable after the project collapsed have all been "accused" by netizens.The details are slightly distorted, which is a subtle flaw in the content creation level of Ideal City.

Secondly, it is the rhythm and theme of the play.In the first two episodes, Su Xiao, the heroine, went on stage. After experiencing an "accident storm", Su Xiao was used as a gun by her direct leadership and became a back-burner in this incident. Then, disheartened, she called her boyfriend who had been in love for many years, and raided her boyfriend’s workplace, only to find that she was derailed and her boyfriend was "engaged" with her immediate boss … Then, Su Xiao officially started her own career path and explored the "Politburo" behind the scenes of Yinghai Group.

This seemingly harmless and logical "career opening" also exposes the rhythm and theme problems behind the play. As we all know, because workplace dramas often involve group portraits, behind the complicated events, it also reflects the creative difficulties of this kind of theme, that is, how to simply explain the industry background to the audience and quickly catch the eye in the golden opening time.

At present, at this point, The Ideal City needs to be improved. This is also an important reason why the "opening" of the play is cold and it is not getting better in the heat level at present. Can it overtake in corners? Looking at it from another dimension, this may also be a ratings test for "Empress" Sun Li.

After settling down,

Can "Sun Li" reach the top again?

  

In the public view, Sun Li really became a household name and a TV audience sister because of Empresses in the Palace directed by Zheng Xiaolong in 2012. At that time, the drama not only became the "explosion" in the TV drama market, but also made artists such as Ada Choi, Rulu and Chen Jianbin popular and became the first choice for TV stations and variety shows. Sun Li also got the "second bonus" of his career after this drama. This is another story.

Before Empresses in the Palace, many people may not know it.Sun Li has made many well-known TV dramas, and has been nominated for Magnolia, Hundred Flowers Award and other awards.She is the peace of mind wandering between relatives and enemies, affection and law in Jade Guanyin, the pure and kind cuckoo who loves the dance career in Happiness Like Flowers, and the actress with different images but great personal charm in many works such as Love is Air, Huo Yuanjia and New Shanghai Beach.

Sun Li was very spiritual and talented in acting in her early days. Many famous directors who worked with her, such as Ding Hei and Gao Xixi, praised her for her dedication and her personal performance charm.

("Happiness is like a flower")

Empresses in the Palace, the "explosive drama", elevated it to a brand-new level, and after welcoming the second spring of the career of married actresses, doubts followed. Once, because of legend of miyue, which is similar to Empresses in the Palace’s theme but not as good as the former, her and Tamia Liu’s performances in the play were once questioned by the audience as "overexertion"; The other time was "Anjia", which starred as a screenwriter in 1966 last year. This douban score happened to be on the verge of passing the exam (6.2 points), and it was also questioned by netizens about its ability to choose plays.

The audience is critical and tolerant. Just as these two films were questioned by the market, two works broadcast in Sun Li, "Flowers bloom and the moon is full that year" and "The Story of Hot Mom", played a mediating role. Sun Li’s position as "the queen of TV viewing" and "the first sister of domestic drama" in the drama market is unshakable.

The divergence point reappears, which is the "Ideal City" currently being broadcast.Su Xiao, played by Sun Li in the play, was accused by netizens of being slightly old and in poor condition. At the same time, her acting skills were also questioned. Can Sun Li still complete the myth of "carrying drama" in the past? 

At present, hope and disappointment are 50-50. First of all, the word-of-mouth of "Ideal City" is excellent compared with the same type of workplace drama; Secondly, judging from the plot, after the "content foreshadowing" of the previous episodes, the competition of the whole power field became more and more fierce, and there were several tipping points in the middle if the film was strong; Finally, and most importantly, workplace dramas are different from other types of dramas, and they often have more advantages in reflecting realistic topics. This is also the biggest "explosion point" in the follow-up of the play.

And advantages may also become disadvantages. After all, in front of the workplace drama headed by "Ordinary Glory", it is too divorced from the workplace background of public life, and it is difficult for ordinary audiences to get it. In addition, at present, the drama market is in the second half of the summer, and various platforms have made great efforts to "play", which has also distributed some audiences of the drama to some extent. This is the pity of the play.

However, no matter what the final result is, The Ideal City is based on "realism", and the principles of high-quality creation in the workplace are still worthy of recognition. After all, in developed countries headed by Britain and the United States, the creation of workplace drama has long been a mature type, but in China this kind of theme is just the "beginning".