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)
In 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)
10. 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)
16. 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)
18. 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)
20. 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)
21, 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)
22, 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)
23, 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)
24. 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)
25. 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)
26. 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)
27. 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.
28. 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.
30. 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)
31. 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)
32. 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)
33. 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)
34. 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)
35. 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)