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Geely Galaxy L7 debuts at Kunming Auto Show, priced from 138,700

  Since May 31st Galaxy L7 national listing, Geely Galaxy L7 is equipped with "a new generation of Raytheon hybrid 8848" power system has attracted much attention in the market, June 23rd, Geely Galaxy L7 debut in Kunming 24th International Auto Show, the new car launched a total of 5 versions, the official guide price is 138,700 – 173,700 yuan, lower than the market expected price, richer configuration, more rights and interests, to give consumers sincerity.

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  In terms of energy saving, the new car is equipped with a "new generation Raytheon hybrid 8848" power system. In terms of energy saving, the new generation Raytheon hybrid engine B-Plus has the highest thermal efficiency of 44.26% of the world’s mass production, with a fuel consumption of only 5.23L (NEDC 4.4L) at a loss of 100 kilometers, and a comprehensive cruising range of 1370km under CLTC conditions.

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  In terms of performance, Raytheon’s 3-speed variable frequency electric drive DHT Pro is the first intelligent electric drive in the world to achieve P1 + P2 dual motor overclocking drive. The system has a comprehensive maximum power of 287 kW, a comprehensive maximum torque of 535 N · m, and an acceleration of only 6.9s per hundred kilometers. It supports ejection start and can reach a top speed of 240km/h.

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  In terms of handling, the Geely Galaxy L7 is based on the e-CMA architecture, providing strong grip and excellent cornering handling, with both ride comfort and handling stability.

  Geely Galaxy L7 comes standard with the 8155 flagship cockpit chip and the dual computing power base of the Star Smart Computing Center supported by the super cloud computing power of 8.10 billion billion times per second, as well as the Galaxy N OS cockpit operating system, which greatly improves the daily operation and response speed.

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  Geely Galaxy L7 comes standard with 10.25-inch instrument + 13.2-inch central control screen + 16.2-inch co-pilot screen, three large screens, which can realize intelligent interaction between the screens. Keyword Spotting takes only 0.5 seconds, supports full scene visibility, four-tone zone recognition, and deep continuous dialogue.

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  The wallpapers, cards, components and action sheets of the car desktop of Geely Galaxy L7 can be freely defined. For example, users can set the family photo to the desktop, and they can also put the most commonly used navigation, music and the most fashionable ecological applications in the most convenient position. Use the seat for ventilation and massage in summer, and replace it with seat heating in winter, and you can reach it with a touch.

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  Geely Galaxy L7 has been upgraded in appearance, refreshing the front face of the tram, fashionable and pure and more eye-catching. 2785mm wheelbase, the space is spacious and bright enough. Marshmallow comfortable seats, three fragrances, 256-color star ring light curtain ambient lights, and 11 speaker sound systems, bringing a full sensory immersion experience of touch, smell, vision and hearing to the whole car.

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  Electric hybrid vehicles have become the most anxiety-free choice at the moment, and they are also the travel partners of many consumers. But the general perception of electric hybrid products is that "it will be enough" and "enough" is enough. The real needs of Chinese users have been suppressed for too many years! Geely’s years of experience in building cars tell us that the needs of users of electric hybrid products are constantly escalating, and there are many "pain points" that need to be solved. This is the birth of the Geely Galaxy brand

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Focusing on future development, Tencent released the "Qingyun plan" talent recruitment special project

Young scientific and technological talents are a new force in the development of scientific and technological innovation in our country. At the Internet Technology Seminar and Tencent Talent Plan Release jointly held by Tencent and Southern University of Science and Technology on September 24, Tencent released a new special project for talents – Qingyun Plan. Qingyun Plan focuses on future development and proposes "Qingyun Straight Up, Technology Shapes the Future", aiming to attract and recruit a group of top technical students worldwide.

Xi Dan, senior vice president and chief talent officer of Tencent, introduced that for the selected candidates, Tencent will provide industry competitive salary returns and customized training programs, support candidates to deeply participate in cutting-edge technology topics and core businesses, and cultivate Internet technology talents through Tencent’s platform.

Xi Dan, Senior Vice President and Chief Talent Officer of Tencent

10 + technical fields and 70 + technical topics await challenges

As the first company in the Internet industry to position the recruitment of fresh graduates as a core talent channel, Tencent continues to explore and introduce potential scientific and technological talents on campus, and spares no effort to promote youth development. In the "World’s Best Companies" list first released by Time Magazine in 2023, Tencent ranked first among Chinese companies, reflecting the recognition of Tencent’s business development and employee satisfaction by external authorities.

According to the official recruitment website of "Qingyun Plan", Qingyun Plan recruits doctoral students who graduate from September 2021 to August 2024, and undergraduate and graduate students who graduate from September 2023 to August 2024. Graduates with outstanding performance in any field such as academics, practice, and competitions can apply.

For the criteria of the candidates of the Qingyun plan, Xi Dan proposed that they need to have three basic qualities: Qingyun ambition, innovation, and kindness. He hoped that the candidates of the Qingyun plan would have a heartfelt love for scientific research and exploration, a keen sense of smell for cutting-edge technology, excellent professional skills, and the confidence to move forward; at the same time, adhere to the mission vision of "science and technology for goodness" and build a concentric circle of "goodness" together.

Liu Wei, Outstanding Scientist of Tencent

In order to stimulate the potential of young talents, Tencent will set up more than 70 technical topics in more than 10 technical fields such as AI, big data, security, multimedia, database, hardware/infrastructure, game engine, etc., including unlocking AI technologies such as big models, cutting-edge technologies such as robots/quantum, co-building industry-class domestic database/big data platforms, and building AI infrastructure, etc., to support Qingyun plan candidates to deeply participate in the company’s core business. "Qingyun plan encourages young talents to break through the limitations of the field, explore freely at the forefront of science and technology, and’unveil and be in command ‘in key areas. As Mr. Pony Ma, chairperson and CEO of Tencent, said, let science become fashion, and let innovation become the pursuit of young people." Xi Dan said in his speech.

The chief scientist acts as a "mentor" and comprehensively customizes the training plan

In order to help young talents quickly adapt to their positions, the "Qingyun Plan" sets up exclusive job mentors, development mentors, and project consultants, and invites chief scientist Zhang Zhengyou, as well as outstanding scientists such as Yu Dong, Wu Shi, Liu Shan, Liu Wei, Zhang Shengyu, Yu Yang, Dong Zhiqiang, Zheng Yefeng, Shan Ying, and Ye Handong to serve as mentors. By means of daily real-time business mentoring, regular growth mentoring, and cross-border scientific research project exchanges, candidates can better develop, and then take over the "baton" in the hands of mentors. In the industry exploration, problem breakthroughs, and technological changes, they will lead the way and play the leading role.

According to the data, the "mentor group" of Qingyun Project includes the heads of Tencent AI Lab, Tencent Robotics X Lab, Tencent Security Cohen Lab, Multimedia Lab, Tencent Quantum Lab, and Tencent Hybrid Model, covering cutting-edge fields such as artificial intelligence, security, automatic speech recognition and processing, multimedia and signal processing. In the 2022 "Top 2% Global Scientists List" released by Stanford University in the United States, Zhang Zhengyou, Yu Dong, Wu Shi, Zheng Yefeng and other scientists and experts were simultaneously selected for the "Lifetime Scientific Impact Ranking" and "Annual Scientific Impact Ranking".

Fang Hongwei, Vice President and Provost of Southern University of Science and Technology

Fang Hongwei, vice-president of Southern University of Science and Technology, said that the Qingyun plan is a special project launched by Tencent to focus on the future development of the industry, with the goal of selecting and cultivating young people with innovative spirit and practical ability, and for outstanding students who are interested in joining the forefront of science and technology. "I believe that with the careful training of various universities, the strong support of Tencent, and the careful guidance of experts and entrepreneurs, these students will be able to become leading talents in the future technology industry and make important contributions to the realization of national high-level scientific and technological self-reliance."

In recent years, SUSTech has focused on the Internet, big data, artificial intelligence and other related disciplines of information technology, actively promoted the transformation of scientific and technological achievements, and worked hard with well-known domestic companies such as Tencent to promote the integration of production, education and research, and serve social and economic development.

Tencent Qingyun plan conference site

As a digital technology company, Tencent anchors the forefront of technology, deepens innovative applications, and prepares for the next generation of Internet technology innovation. As of June this year, Tencent’s patent applications in major countries and regions around the world exceeded 66,000, and the number of patent authorizations exceeded 33,000, ranking second among global Internet companies. In 2022, Tencent’s R & D expenditure exceeded 61.40 billion yuan, ranking first in the 2023 China Private Enterprise Top 500 released by the All-China Federation of Industry and Commerce. Three out of every four Tencent employees are engaged in R & D positions.

Xi believes that building a young and enterprising team is the cornerstone of Tencent’s continuous business development and a key element to maintain its core competitiveness. "We hope to provide a broader development platform through the Qingyun plan to help young talents grow rapidly. For the company, we will jointly promote technological innovation in the Internet, big data and artificial intelligence, and continue to maintain vitality. At the national level, we also hope to help the country cultivate and reserve talents, improve scientific and technological innovation capabilities, and tackle technical problems in key areas."

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Cannes interview with Liu Tao: Looking forward to Hu Ge’s new film winning awards, I most want to watch Quentin’s "Once Upon a Time in Hollywood"

On May 14, French time, before the opening of the 72nd Cannes International Film Festival, Chopard brand ambassador Liu Tao accepted an exclusive interview. Liu Tao, who came to Cannes for the first time, prepared a white dress with great oriental classical beauty as a "red carpet robe", which was also her first red carpet show at Cannes.

Referring to "The Wild Goose Lake," the only Chinese-language film shortlisted for the main competition this year, Liu Tao said that he had sent his best wishes to the star Hu Ge in advance, hoping that he would win the prize. As a good friend, it was very amazing to see Hu Ge in a film shortlisted for the main competition in Cannes. When it comes to whether there is any film you want to see in Cannes this time, Liu Tao’s first reaction is Quentin Tarantino’s "Once Upon a Time in Hollywood". "The whole world is waiting for this film."

Before coming to Cannes, Liu Tao had just finished filming "The Song Dynasty Palace Ci". Looking back on the filming experience of this drama, she felt that it was the most challenging play since her debut. Not only is it because of the large time span and strong story, but what tests her is to always find the true emotions of historical characters from the heart. Also challenging for her is "Late Night Canteen," directed by Liang Jiahui. "This movie has very few lines, all the actors are in a state, and it is very special to use Chinese cuisine to tell Chinese stories."

The classic white dress was selected for the red carpet dress, and I have wished Hu Ge’s new film the Cannes Award

How many sets of Cannes looks have you prepared this time?

Liu Tao: I chose a dress that I like very much and suits me. There is an embroidery part, and the whole is an oriental classical beauty, but I can’t reveal too much.

Hu Ge’s new film "The Wild Goose Lake" was shortlisted for the main competition unit. Did you communicate with him in advance?

Liu Tao: I congratulate him and hope he can win the prize. He arrived at Cannes on the evening of the 17th, but I flew back to China on the 18th. Otherwise, I really want to stay and watch this film. As a good friend, I am very happy. I think it is very amazing that such a good work can be shortlisted for the main competition in Cannes.

Is there any particular movie you want to see in Cannes this time?

Liu Tao: I really want to see Quentin’s "Once Upon a Time in Hollywood". I believe the whole world is waiting for this movie.

Playing "Late Night Canteen" all depends on the state, and shooting "Song Dynasty Palace Ci" encounters the greatest challenge

In recent years, you have also starred in many movies. Which one is the most memorable?

Liu Tao: The most memorable one for me is the "British Showdown" with Jackie Chan. I played an older Chinese who opened a Chinese restaurant in the UK. The director is a British director. He doesn’t know much about the state of Chinese women at every age. I need to try my makeup again and again. The makeup artist blows wrinkles with glue every time to make me older.

The whole state of the director’s scene is that no one can make a sound, only the actor’s voice can be heard. Over and over again, I hope to inspire the actor’s best state, and there is no trace of performance. His feelings and requirements for me are different from many of the plays I have shot before

What are the differences in the way movies and TV shows are performed?

Liu Tao: The film’s camera sense is more about eyes and limbs, a living soul, and eyes and limbs. TV dramas are more about communicating with the audience, and movies are more about communicating with the camera. I want to give the soul of the characters in the camera. TV dramas are what I want to express to the audience, and the number of lines will be larger and the story will be longer.

: The movie version of "Late Night Canteen" you starred in will also be released this year. Do you have any interesting behind-the-scenes stories to share about filming this drama?

Liu Tao: We shot in Shanghai, and it was also Liang Jiahui’s directorial debut. For me, this opportunity was quite accidental. I don’t think I have made many movies either, but Liang Jiahui had to ask me to buy this role. It happened to be a single mother, and the number of lines was very small. It was all about status. The movie is very special. It uses Chinese cuisine to tell the story of China.

: You starred in the "Song Dynasty Palace Ci" has just been completed. What challenges did you encounter in filming this drama?

Liu Tao: This drama is the biggest challenge for me. I play a real historical character in a historical drama, and the span is very large, and its storytelling really touches me. For acting, in fact, sometimes you know how to interpret the state of a character, but more often you find her true emotions in your heart, and then express them. Director Li Shaohong is very good at using the state of the camera in women’s dramas, and how to interpret the beauty of women in the Northern Song Dynasty. The hair accessories of the Northern Song Dynasty are very simple and not so gorgeous. In terms of comprehensive factors, the challenge is very large, including many scenes like elderly dramas.

This article is an exclusive manuscript. It is prohibited to reprint it in any form without authorization, otherwise legal responsibility will be pursued.

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Arctic soda is back, and some say "all Beijingers should celebrate it."

As soon as they go to work in the early morning, the sound of "ding ding ding bang" can be heard in the factory of Yiqing Food Group in Daxing District, Beijing. Workers are unloading baskets of empty glass bottles from trucks and moving them into the warehouse. Each glass bottle has a white polar bear printed on it, with three Chinese characters at the bear’s feet: Arctic Ocean.  

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Arctic Ocean is a time-honored brand of Beijing’s native orange soda.For Beijingers, Arctic soda is like White Rabbit toffee for Shanghainese and Wufangzhai zongzi for Jiaxing people. It is a brand that can evoke deep nostalgia.It was born in 1950 and flourished in the Beijing beverage market for a while, but it disappeared after the 1990s. 

 

Like many old brands, Arctic Ocean has experienced a long period of loneliness under the wave of China’s economic transformation and state-owned enterprise reform. During this time, the market is surging with Coca-Cola, Pepsi, Sprite, Mirinda… In 2011, when the Arctic Ocean, which had disappeared for 15 years, reappeared, some people said that "all Beijingers should celebrate this."

As soon as the Arctic Ocean soda went on sale, it was welcomed by consumers in Beijing.


Synonym for soda

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Every older Beijinger has a story about the Arctic Ocean. Back then, in the summer, there was a large block of ice in front of the common corner grocery store, and the Arctic Ocean soda was lying on the ice. The boss sat on the side, turning the glass bottle from time to time to make the soda chill more evenly. 

 

A few children who had been playing wildly outside for half a night ran over and bought a few bottles of soda. They raised their necks and drank it "Gudong Gudong", while not forgetting to stroke the soda one by one from left to right with their oblique eyes. After a row of soda was turned over, the bottle in their hands just finished drinking, the children deliberately burped and laughed at each other. After returning the empty bottle to the store, they continued to sprinkle girls outside.  

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A dime – in his fifties, Li Qi still remembers the price of the Arctic Ocean in his youth.Today, he is the general manager of Beijing Yiqing Food Group, in charge of two brands of Arctic Ocean soda and Yili bread. Li Qi is a native of Beijing, with a burly figure and a loud voice. When he goes to work, he always likes to walk around the workshop, see the empty glass bottles shipped back one by one, cleaned and disinfected, refilled with soda, and shipped to various places "Ding Ding Bang".  

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What a friendly voice, it once rang in the large and small hutongs of Beijing, causing countless children to lose their homework and make a lot of effort. In the 1970s, in the most glorious years of the Arctic Ocean, it became almost synonymous with soda.Wang Xuliang, an electrician who has worked in the Arctic Ocean for nearly 40 years, said that at that time, the people who picked up the goods were waiting in the workshop, and the tricycles carrying soda were lined up from the factory to the street. 

 

Li Qi was less than 20 years old at the time, and had just been assigned to another time-honored food factory in Beijing, Yili Bread. Yili was founded in Yuyuan Road, Shanghai in 1906, and moved to Beijing in response to the call of the "prosperous capital" in the early days of the founding of New China. Like Arctic soda, Yili Bread also enjoyed the glory of giving up one’s name in the Beijing market at the time.

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Vanishing Brand

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But times have changed. The Third Plenary Session of the Eleventh Central Committee in 1978 put forward the strategic decision of "reform at home and opening up to the outside world." Deng Xiaoping said: "The current world is an open world."  

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At that time, Li Qi, who had just entered the factory, was completely unaware of the changes in the outside world. Like his co-workers, he was proud to be an employee of a state-run factory. In the bakery in Yili at more than 40 degrees Celsius, he used his hands wearing two layers of heat-insulating gloves to remove the bread molds from the oven, and then knocked the baked bread one by one from the mold upside down. After finishing this string of work, the heat-insulating gloves were hot, and his hands trembled lightly. He adjusted the gloves back and forth, and continued to remove a batch of bread from the oven. When the day’s work was over, a bottle of Arctic soda was the best comfort. 

 

Coca-Cola entered China in the same year that Mr. Li entered Yili. At first, the Chinese didn’t seem to like the taste of traditional Chinese medicine. But soon, everyone began to see the tricks of foreign soda. Every weekend, in major shopping malls in Beijing, Coca-Cola employees hold colorful balloons marked with the Coca-Cola logo and sell to customers, buying a bottle of Coke for 50 cents and giving away a balloon or a pair of packaged chopsticks.

  

The promotion caused a lot of shock. Some newspapers immediately issued articles criticizing the practice, saying that the practice "invades China and introduces the capitalist way of doing business."Soon, the order came from above: Coca-Cola can only be sold to foreigners in China, and "one bottle is not allowed to be sold to Chinese people."  

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Li Qi, who was still a bakery worker at the Yili Bakery at the time, realized that change was really coming, and the ban was probably unbearable. Sure enough, within a year, the ban was lifted and Coca-Cola was allowed to resume domestic sales. Two years after Coca-Cola entered China, Pepsi followed. In the following years, foreign companies flocked in. In the Beijing market, the dominance of the Arctic Ocean is in jeopardy.  

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In 1994, Chinese companies set off a wave of joint ventures. The government brokered a joint venture between Arctic Ocean and Pepsi Cola. Across the country, there are six other famous beverage factories: Shenyang Bawangsi, Tianjin Shanhaiguan, Qingdao Laoshan, Wuhan Bridge, Chongqing Tianfu Cola, and Guangzhou Asia Soda. They wanted to expand their operations with foreign capital, but they gradually drowned in the wave of foreign soda and gave up the Chinese soda market.The industry later called it the "flooded seven armies" incident. 

 

Soon after the partnership between Arctic Ocean and Pepsi, the brand was "frozen". After more than a decade, it was difficult to find Arctic Ocean soda in the market. Six other domestic beverage brands were also abandoned by Coca-Cola and Pepsi one after another. Only years later did the domestic business community understand that this was a strategy for international companies to eliminate local competitors.

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Return of righteousness

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The Yili Bakery, where Li Qi was working at the time, encountered a similar dilemma: First, it established a joint venture with the international giant Nabisco to establish "Yili-Nabisco". After a few years, the word "Yili" in the company’s name disappeared, and a few years later, Yili Bread also stopped production. In 1992, The Beijing Evening News published a letter from a reader with the headline "Where Did Yili Bread Go?"After reading Li Qi mixed happiness, sadness is the national brands disappear one by one, happy is that people still miss them.  

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There was also a piece of news at that time, which in a way that made people laugh and cry, pinned the thoughts of Beijingers for time-honored brands. In 1995, the industrial and commercial bureaus of Chaoyang, Haidian, Fengtai, Chongwen and other districts in Beijing received reports one after another, saying that the Arctic Ocean soda sold in the market was mixed with fish and eyeballs. After searching for thousands of bottles of counterfeit Arctic Ocean, the industrial and commercial law enforcement officers followed the lead and found a regular beverage factory located on the outskirts of Beijing, and found a large number of Arctic Ocean soda and empty bottles in the workshop and warehouse. In the ingredients room, the law enforcement officers saw two bottles of soda with color labels and the words "Pepsi-Arctic Beverage Co., Ltd." on the lid. One was real and one was fake. The law enforcement officers asked the beverage factory manager, what happened? The factory manager mumbled out a few words: This bottle of real Arctic Ocean is a counterfeit specimen. He admitted that the fake Arctic Ocean was customized according to the requirements of the wholesaler.Despite the start of spring and the cooler weather, the beverage factory sells hundreds of cases of counterfeit Arctic Ocean every day.  

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At this time, the genuine Arctic soda factory has been shut down. In the old factory building at Shazikou outside Yongding Gate, the dust is full of machines, and in boredom, there are occasional chats of workers. Wang Xuliang, an electrician, said: "More than 2,000 workers have been laid off, and only a few of us are left. We stay behind to watch the factory building, and by the way, we repair the staff dormitory." In a few years, even the old factory building has been demolished, and the office buildings that have risen on the original site have nothing to do with the Arctic Ocean. The Arctic Ocean has disappeared, leaving only counterfeits to flaunt and newspapers to conjure souls.  

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After reading the newspaper news, Li Qi made up his mind to get the time-honored brand back. In May 1995, with the start-up capital of 500,000 yuan given by the factory, he started a "third industry" business in an old factory building of 300 square meters outside the South Second Ring Road. Still making bread, more than a dozen people are responsible for their own profits and losses. Li Qi named the product "Righteous King".

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Yili came back from the dead. In 2001, Li Qi’s bakery merged with another factory and was renamed "Yili Bread Factory". In the following decade, Yili’s classic products, fruit bread and vitamin bread, occupied hundreds of shopping malls and supermarkets in Beijing. In 2012, the self-operated chain "Centennial Yili" appeared on the streets of Beijing. 

 

The next comeback is the turn of the Arctic Ocean.

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Looking for "Original"

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In 2011, Coca-Cola’s 15-year license to operate the Arctic Ocean brand expired, which meant that the Arctic Ocean was lifted and could be returned to the market. A few years later, when Chongqing Tianfu Cola, which was destroyed by the "Seventh Army of the Drowned" at the same time, returned, a local newspaper described the scene:"The base color of the spray painting is gray like a Holocaust memorial, with some mottled black on it, and the four red characters of’Tianfu Cola ‘are printed on it. This is a rare comeback ceremony with a strong tragic atmosphere."According to reports, the background music of the event that day was "My Chinese Heart". Domestic beverage brands have been lost for nearly 20 years, and international brand beverages are overwhelming. The comeback of time-honored brands looks tragic and lonely.  

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Li Qi, who had been making bread for half his life, was ordered to take over the Arctic Ocean under such circumstances. 

 

When the Arctic Ocean returns, the first thing to do is to restore the original taste. The heart of the drink lies in the formula. The most legendary in the industry is Coca-Cola, which has been kept secret for more than 100 years since its inception in Atlanta in 1886. It is said that its handwritten secret recipe is hidden in a bank safe.  

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In Beijing in 2010, Li Qi dug out the archives kept by the technical department from the warehouse. The recipe for the Arctic Ocean is handwritten on white paper and packed in a blue plastic folder.Notes on the folder: storage period, permanent; classification, secret.  

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The ingredients are water, carbon dioxide, orange juice concentrate, sugar, additives and orange oil. What makes the Arctic Ocean special is orange oil. It is cold-pressed and separated from the peel of oranges and is a natural flavour and colouring agent. It is the most precious part of oranges. A ton of oranges produces only 6kg of oil. The source of the orange determines the quality of the orange oil, which in turn determines the taste of the soda.  

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In the past, the Arctic Ocean used to purchase the "Dahongpao" red oranges produced in Wanzhou, Chongqing. More than a decade later, when Li Qi led his technicians to Wanzhou, the original orange production area has changed, and the processing plants they used to cooperate with have long since disappeared. They traveled all the way west, and finally settled in Nanchong, Sichuan. Nanchong is located in the shallow hilly area of the upper Jialing River, with water quality of Class II, and the "Dahongpao" produced is of good quality.  

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The raw materials were determined, but the research and development did not proceed smoothly.The soda prepared according to the "secret recipe" is not the original taste, and it is even "hard to drink".There are countless factors that affect the taste of food: raw materials, air, water, equipment, workers… After more than ten years, these factors have changed. Naturally, the taste of the debugged soda will also change.  

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The old formula has failed. In addition, the properties of soda are also difficult. Technicians found that orange oil is insoluble in water. The general method is to use emulsifiers, but small amounts cannot be dissolved. Large amounts affect the taste.

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Rebuilding the Arctic Ocean is far more than just a picture of the gourd.

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Rebuilding the Arctic Ocean

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While he was tuning his soda recipe, Mr. Li was looking for soda production equipment. The original Arctic company was gone, the team was gone, and the production line was gone, leaving an old brand empty. At an industry fair at the Beijing International Exhibition Center, Li Qi was struggling to find equipment when an elder next to him said: "I’m from the old Arctic Ocean."  

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Li Qi looked at the old man in front of him. He was about 60 years old and tall. His name was Ma Qian. He entered the factory in 1972. At that time, the Arctic Ocean was still called the Beijing People’s Food Factory. Once in the factory, he was assigned to the soda workshop to deal with machines. In the 1980s, he went to Iraq to assist in the production of local beverages. He worked for Pepsi Cola there for two years and was exposed to advanced Italian and German machinery.  

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After returning to China, Ma Qian was promoted to director of the Arctic Ocean workshop. He couldn’t figure out how the joint venture between Arctic Ocean and Pepsi at that time."I’ve been in charge of the equipment in the workshop. At that time, when it was said that you were from Arctic Ocean, no matter where you went, people knew you. Arctic Ocean is very well run, and there is no need to partner with others. I don’t understand the approach after the joint venture. There is no hope for this brand."He quit his job and opened a factory in Tongzhou to produce beverage equipment. 

 

When he met Ma Qian, Li Qi had just taken over the Arctic Ocean, but he had already heard of this old workshop director and skilled technician. "I’ve heard of you, let’s talk." Li Qi said.  

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Knowing that Li Qi was going to recreate the Arctic Ocean, Ma Qian said: "I learned my skills in the Arctic Ocean now, and all the technical training was sent by the Arctic Ocean. What I know should be given back to the Arctic Ocean for free." This coincidence not only prompted Ma Qian to become a new shareholder in the new Arctic Ocean, but also a senior consultant in solving technical problems of equipment. 

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Mr. Ma’s company supplied Arctic Ocean with pre-equipment such as ingredients and refrigeration. In addition, Arctic Ocean also imported a production line from Nanjing Light Industrial Machinery Group (hereinafter referred to as Nanqing). Nanqing has an unusual connection with Arctic Ocean: it once provided the first production line for the old Arctic Ocean to imitate Japan’s Mitsubishi, and the current chairperson was an apprentice of Arctic Ocean in the 1980s. So, like Ma Qian’s equipment, Nanqing’s production line has the genes of the old Arctic Ocean from the beginning. The equipment solves the problem that has plagued Li Qi before – that orange oil is insoluble in water. The new process uses a high-shear emulsifier to split the orange oil into tiny ions, which are then matched with a suitable amount of emulsifier.  

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The imitation journey took half a year. Li Qi had forgotten how many formulas he had tried, the only thing he remembered was the strict taste review after each development.Each time a recipe is developed, it is first tasted by three technicians, and then given to a team of dozens of people. This team is made up of people who have drunk the old Arctic Ocean and people who have worked in the old Arctic Ocean.When the last batch of experiments came out, Ma Qian supported his master, the first generation of Arctic employees, to the factory to determine the final taste. Master picked out a bottle and said, "This is it."  

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Then things went smoothly: Li Qi hired young designers with overseas study experience to redesign the polar bear logo in the Arctic Ocean. The new logo has a traditional shadow but is more flexible. 

 

Sales channels are not difficult to choose, but those mom-and-pop stores that are scattered all over the hutongs.These mom-and-pop shops, often only a few square meters in size, penetrate deep into Beijing’s capillaries but are ignored by big dealers.The Arctic Ocean soda that is deep in everyone’s memory was once displayed on the large ice cubes in front of these small shops.  

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On a sweltering August morning in Daxing, Li Qi watched as workers moved boxes of empty glass bottles back into the warehouse overnight. "How much did you sell last month?" he asked. 

 

"3.30 million boxes," Hu Zhiyong, the head of storage, replied.  

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On another 37-degree-Celsius sauna day, Li Qi wiped the sweat from his forehead and nodded at Hu Zhiyong.He forecasts that his goal of selling 800 million yuan this year is promising.  

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Twenty kilometers away, on the streets of downtown Beijing, thirsty passers-by opened a bottle of Arctic Ocean, "Gudong Gudong" was just a few bites, and a burst of orange fragrance lingered in the throat for a long time. "It’s still the smell!" 

 

Only Li Qi and his friends know that the Arctic Ocean is no longer "original".

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Tencent has made another big move to support content entrepreneurs with three billion yuan

  CCTV News:On November 8th, the 2017 Tencent Global Partner Conference opened at the Chengdu Western Expo Center in Sichuan. Ren Yuxin, chief operating officer of Tencent, Jonathan Nolan, director and screenwriter of "Westworld", Edward Mossall, Nobel Prize winner, Hugh Hull, well-known professor of MIT Media Lab, Su Hua, founder and CEO of Kuaishou Technology, Zhou Yuan, founder and CEO of Zhihu Media, and Ma Dong, 350 domestic and foreign industry leaders, 500 mainstream media, more than 10,000 partners and industry elites, discussed content ecology and cutting-edge technology around the theme of "Openness and Creativity".

  During the two-day conference, with 21 sub-forums gradually unfolding, dozens of Tencent product lines such as QQ, WeChat, App Treasure, Tencent Cloud, QQ Music, and LBS will announce the latest opening policies and ecological strategies, and discuss with industry leaders. In addition, in the 15,000 exhibition area of the conference, more than 130 high-quality projects from Tencent business lines and partners will be exhibited. Among them, AI and merchandise will showcase the development of the global technology and cultural industries.

  At the main forum, Fan Yi, deputy mayor of Chengdu, addressed the conference first. Tencent chief operating officer Ren Yuxin said in his speech that this year, Tencent open API has entered the seventh year, Tencent will connect the wisdom, content ecology and technology cloud three measures to help partners.

Photo: Ren Yuxin's opening speech

Photo: Ren Yuxin’s opening speech

  "In the past six years of opening up, the total number of partners has exceeded 13 million, 25 million jobs have been created, and the cumulative total score has exceeded 23 billion." Lin Songtao, vice president of Tencent, announced the results of Tencent’s six-year opening up and explained Tencent’s future opening roadmap. "Tencent’s opening up will be based on the continuous evolution of the two fulcrums of science and technology and humanities. In the future, it will focus on promoting new technology open APIs with AI as the core and large content open APIs with diverse content as the core."

  Three billions to support content entrepreneurship, eight scenarios to explore the future of AI

  "The internet and all walks of life have begun to deeply integrate, and online and offline are becoming one. All walks of life have developed from a simple’connection ‘in the past to an overall’cloud’ at present. Everyone hopes to achieve digital transformation and upgrade, and develop the digital economy," Ren Yuxin said.

  Digital content has become the new commanding heights of Internet competition. As an important part of Tencent’s big content strategy, at this conference, Lin Songtao released the "big content" platform opening strategy with diverse content as the core, which will create a complete content ecosystem from content production, multi-channel construction, intelligent distribution, and commercialization.

  The conference announced the official launch of Tencent content open API, which will combine WeChat, QQ, QQ space, browser, express, Tencent news, Tencent video, app treasure, NOW live broadcast, WeSing and other billion-level traffic platforms. With the intelligent distribution capabilities of Tencent AI, it will help content entrepreneurs achieve the goal of "one point access, the whole network is connected". At the same time, the newly launched "tens of billions" plan will 10 billion traffic, 10 billion funds and 10 billion industrial resources, and comprehensively support content entrepreneurs in the fields of traffic and monetization, investment incubation, and offline merchandise base.

  "In the cultural and creative industries such as movies, games, music, and online literature, the income of content creators can account for about half of the industry’s income, but in the field of diverse content, it is less than 10%, which obviously has a lot of space and opportunities." Lin Songtao said that Tencent Content Open API will be committed to helping content entrepreneurs to mine value. The lack of copyright protection is an important reason for the damage to the rights and interests of creators. For this reason, Tencent Content Open API launched a "content alliance" to protect creative copyright. Tencent’s internal products such as QQ, WeChat, Express, and Tencent Video, as well as excellent information platforms such as Zhihu, Sina, and Visual China, also joined at the same time.

Picture: Tencent Vice President Lin Songtao announced Tencent's opening achievements

Picture: Tencent Vice President Lin Songtao announced Tencent’s opening achievements

  In recent years, new technology clusters represented by AI are becoming a new driving force for the global economy. The 2017 Wuzhen Index shows that the global artificial intelligence financing scale has reached 22.40 billion US dollars. The Tencent "new technology" platform strategy focuses on AI and proposes an implementation path of "basic research – scene co-construction – AI openness".

  Lin Songtao introduced that Tencent has achieved a number of technical achievements in the field of artificial intelligence. For example, 21 papers in AI Lab were selected for top academic conferences in one year; two technologies ranked first in the MegaFace challenge of the internationally renowned facial recognition database. In the application field, Tencent AI capabilities, represented by Jueyi, Shadow Search, Accurate Push, and Intelligent Customer Service, have been implemented in eight major scenarios such as social networking, content, games, medical care, retail, finance, security, and translation. Tencent has also begun to promote AI openness. On the one hand, it empowers medical and other industries to achieve AI + by combining with traditional industries; on the other hand, it fully supports emerging AI entrepreneurs with AI open APIs.

  "Three empowering" for openness and innovation in the digital age

  "From traffic opening to capacity opening to ecological opening, Tencent has built three systems of technology empower, ecological empower and industrial empower, forming a comprehensive open system." Lin Songtao summarizes Tencent’s open system from three areas.

  In the field of technology, Tencent has built an empowering system based on basic technologies such as security, big data, LBS, and payment, and based on many applications such as QQ, WeChat, App Treasure, and Tencent Cloud as connectors. Among them, MAU breaks through the 200 million Tencent App Treasure to form a connection between APP developers and users in a full-scene distribution model; Tencent Cloud uses the "Smart +" model to help more than 1 million developers to form industry connections covering energy, industry, automotive, gaming, video, finance, government affairs, etc.; Tencent Social Advertising forms a marketing connection between partners and target users with a huge coverage of QQ, WeChat 1 billion users.

Figure: Tencent content open API launch

Figure: Tencent content open API launch

  In order to provide entrepreneurs with full-factor support, Tencent has built an ecosystem empowering system covering the entire chain of startup incubation, Enterprise Services, investment incubation, and high-end communities. Among them, Qingteng University has trained 188 outstanding entrepreneurs, including 22 unicorns, with an average growth of 150% during the enrollment period; Tencent Maker Space has landed 31 entrepreneurial venues in 26 cities across the country, and landed overseas Maker Space and Tencent Merchandise Base in Hong Kong, focusing on merchandise workers and helping the construction of the Guangdong-Hong Kong-Macao Greater Bay Area; Tencent’s "Double Hundred Plan" has invested in more than 100 start-ups, with a total project valuation of over 60 billion and more than 20 track leaders; The entrepreneurship service platform also provides more than 3,700 entrepreneurship services for various enterprises. 

  The digital economy continues to develop, and Tencent’s empowerment of traditional industries continues to strengthen. With "Internet +" as the core, basic public services such as smart finance, smart travel, smart smart manufacturing and smart cities have been built. In smart finance, financial Cloud as a Service has been connected to more than 5,000 financial units, including WeChat Pay and QQ wallet. The peak mobile payment can reach 208,000 times per second. In the field of smart travel, based on the concept of empowering cars and serving people, building a travel platform with location-based service and vehicle to everything, and connecting car manufacturers with Tencent’s connected car technology. Smart manufacturing will be based on Tencent’s big data, cloud computing and other technical capabilities to implement supply chain integration, production optimization, marketing and after-sales system construction in different fields. In smart cities, Tencent has created "Internet +" solutions in various fields such as commerce, medical care, government affairs, policing, and travel, so as to improve the efficiency of commercial services and government services, provide convenience for citizens’ lives, and enhance public safety.

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Xiaomi launches magnetic wireless power bank, designed for iPhone 13/12 series

Xiaomi magnetic wireless power bank opens the reservation, the price is 199 yuan. The product details show that the magnetic wireless power bank is a magnetic power bank or a vertical wireless charging, specially designed for iPhone 13/12 series.

The rated capacity of Xiaomi Magnetic Wireless Power Bank is 2800mAh (5V/2.4A), which can be brought on the plane. If you need to use it with a case, you need to match it with the official.Protective case.

When traveling, it is a magnetic wireless power bank: when using on the desktop, gently put it down for a second to become a vertical wireless charger. Double charging experience, super practical.

The power bank can also wirelessly charge the mobile phone when it is self-charging. You can charge it if you want, and keep it fully charged at all times.

Designed for iPhone 13/12 series users, it supports magnetic wireless charging function, no need to press the button to automatically charge. 10N super magnetic attraction, still charging with shell.

Large capacity, as the second battery of the iPhone 13, can get an additional 85% of the power, go out all day without worrying about the power problem.

In addition to the wireless discharge function, there is also a Type-C interface that can be wired for charging, which can provide 12W MAX wired charging for iPhone. At the same time, it has the input capacity of 20W MAX, and it can complete self-charging in 2.2 hours.

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Huawei P7 released: global price 3899 yuan, national bank 2888 yuan

On the evening of May 7, Huawei officially launched the Ascend P7 in Paris, which will be open for booking from tomorrow. The global price is 449 euros (about 3,899 yuan), and the national bank price is 2,888 yuan.

When it comes to hardware configuration, Huawei P7 uses a 5-inch 1080p screen, 6.5mm ultra-thin body, 1.8GHz HiSilicon Kirin 910 quad-core processor, front 8 million + rear 13 million pixel dual camera, 2GB RAM + 16GB ROM, built-in integrated 2500mAh battery, support 4G LTE network.

In particular, Huawei P7 has developed a series of interesting accessories, such as a perfect match with Huawei smart bracelet, which can monitor sleep quality, manage sports fitness data, have functions such as mobile phone anti-theft management, remote photography, and even bind the key and mobile APP through the bracelet to help quickly retrieve the key hidden in the corner. At the same time, Huawei Ascend P7 also has a variety of exquisite accessories to choose from, such as various color protective cases, flip smart protective cases, etc.

At present, P7 is available in three colors: black, white and pink, with a global price of 449 euros. It will be sold in more than 30 countries and regions such as the Chinese mainland and Hong Kong, the United Kingdom, Germany, Italy, France and Spain in May. Other markets will be listed one after another.

In the Chinese market, Huawei P7 will launch three standard versions of Mobile, Unicom and Telecom, and plans to start pre-sale simultaneously at 10:00 am on May 8 in Huawei Mall, JD.com, Tmall Huawei Flagship Store, Suning.com, Gome Online, No. 1 Store, and Amazon.

Advertising statement: The text contains external jump links (including but not limited to hyperlinke, QR code, password, etc.), which are used to convey more information and save selection time. The results are for reference only. All articles in IT House contain this statement.

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"Edge Walker" will be released, such Ren Xianqi is a bit "evil"!

1905 movie network feature Even with more than 30 years of experience as an actor, in our interviews, he still modestly and repeatedly emphasized that he is not a "professional" actor, and still continues to draw nutrients from the actors around him.

 

Whether it was an old partner or someone who had just ended their collaboration recently, the group of "movie maniacs" around him always affected his attitude and understanding of acting.


The new work recently opened its second round of screening, three years after he last met the audience on the big screen. This time, Ren Xianqi said bluntly that he was very happy, "using the most authentic performance to present that kind of shock, we hope to be able to shoot some authentic Hong Kong police and bandit action movies."


This time, whether it is the partner of the cooperation or the type of theme, how can the outside world not expect this familiar little brother Qi?


01. Collaboration with Hua Ge

 

"Edge Walker" is the third collaboration between Ren Xianqi and Ren Dahua in 16 years. They have had partners with him in the past, but this time they really have the opportunity to play against each other.

 

"Excited", "Moved", "So cool"… When it came to this interaction and cooperation, Ren Xianqi couldn’t contain his excitement and kept repeating his feelings to us. Since his debut, Ren Dahua has always been the learning object in his performance and life.


"Brother Hua is very attentive to each character, he will tell us what he will do, and let us give back with our true reactions. Sometimes there may be no him in this scene, but there may be some emotional motivation involved in the plot, and Brother Hua will come to the crew to watch." This kind of rapt attention was always seen by Ren Xianqi.


In "Marginal Walker", Ren Xianqi’s A Luo is an undercover agent, and Ren Dahua’s Lin Yaochang is a gang boss. He struggles in his heart, but in the face of A Luo’s identity, he is always willing to withstand the pressure of other gang members and give him a way out.


"Do you know? He has always taken care of me like a big brother, and in the play, the relationship between the two characters is also very close. I seem to be directly transformed from real life into a character in the play, which is quite touching." In reality, the two have known each other for many years, and every time Ren Xianqi goes to work in Hong Kong, Ren Dahua will always take him to various delicious things.


In Ren Xianqi’s eyes, he can be "willful" in front of this big brother, "In real life, he has always loved me, and even if I do something wrong, he will cover me."

 

In addition to being a good big brother, Ren Dahua is also a fashionista in Ren Xianqi’s eyes. "In my early concerts and records, I would refer to Brother Hua’s daily clothes. Even for the album’Angel, Brother, Little White Face ‘, I was very fortunate to have Qiqi (Ren Dahua’s wife) help me with the styling, and Brother Hua did the photography for me."

 

After so many years, Ren Xianqi still regarded the other party as his fashion indicator. In the filming of "Edge Walker", Ren Dahua personally participated in the styling of his character. "After the filming, everyone rushed to get Brother Hua’s clothes for collection."


Ren Xianqi naturally did not miss this opportunity. In the final climax of the movie, the green leather jacket designed by Ren Dahua became the best collection of Ren Xianqi’s filming.

 

02. "Movie Madman"

 

In the eyes of many audiences, Ren Xianqi’s performance has two sides.


One side is the kind of handsome and sunny beach boy that "Summer Momocha" entered the eyes of the public; the other side is the villain with "evil" in many Hong Kong movies.

 

In "Edge Walker", although Ren Xianqi’s character is an undercover agent, the evil spirit still persists.

 

When they saw the first poster of the movie, many fans thought of Ren Xianqi’s original transformation in "The Big Event". After all, before that, the public impression of him was more of the boy singing with a guitar.


When he first received the movie invitation, he didn’t give much feedback or change, "During the process of talking about this story, I thought about it very seriously. Maybe the director seized that moment and thought that I was very different, and my eyes were also different." Recalling the past, the details appeared in Ren Xianqi’s eyes one by one.


But it was also "The Great Event" that became a turning point for Ren Xianqi’s films.


"When I was shooting, I was taking my guitar and trying to write the theme song. When I got there, it was very serious, and then there was gunfire and explosives everywhere, and I suddenly realized that I was in the environment and I was going to fit in. The whole time I was shooting, my eyes were very sharp because I had to see where there was explosives and where there was explosions, and then I naturally became like that."


For himself, when he got this kind of role, he would always show his former side as an athlete again. During sports training, his mentality was serious and cautious, and in the process of real competition, he would naturally exude that kind of murderous aura and deterrence, "I just applied this state to my movies."

 

In Ren Xianqi’s opinion, he has always been using the dumbest way to perform – using the truest feeling to figure out the character, so that he can truly become that person, and then be born from the heart.


Due to this, it is always difficult for him to allow himself to "double" to do many things, and when facing his career plan, he insists on starting from beginning to end.


In order to shoot, he had made himself very fat, stopped shooting in the middle, and spent time planning his body to a healthy state, "During this period, I didn’t do anything else at all, and when I was filming, I wouldn’t do concerts. I can’t adapt to this state of jumping."

 

"Therefore, I don’t have a lot of movies." Ren Xianqi was sincere but a little regretful when he talked about this.


For viewers who liked Ren Xianqi, they could often see him on the big screen in the future, because in the past, he had collaborated with the director; he had starred in the production of the movie "Temporary Robbery", as well as the production of the production…


When it comes to the filming of the series that just ended, Ren Xianqi can’t suppress his love either. Although he keeps praising us how Guo Fucheng and Lin Jiadong love movies, how they don’t let him rest and drag him to discuss the script. But the lines are full of Ren Xianqi’s own feelings about the movie, "I think this life is not wasted."


"We really only have to show our own blood and resolve to make a good movie. No matter which country we get such a work, it deserves to be respected."

 

Look, Ren Xianqi is the "movie lunatic". Even when asked what kind of evaluation would make him happy, his answer was "hard enough".

 

03. Unfulfilled dreams

 

In addition to "movie acting", "movie director" is also at the most prominent position on Ren Xianqi’s wish list.

 

Ren Xianqi worked as a director and collaborated with him. The origin of this film is from Ren Xianqi’s cover song "Grandma’s Penghu Bay".


In his plans, there are still three movies to be made, all from his musical compositions.


It was Ren Xianqi’s trilogy – "The Heart is Too Soft," "The Girl Across the Opposite Looks Over" and "Sad Pacific" – three songs that once led an era and have a special story script in his heart.

 

"’Heartbreak Pacific’ will definitely be a gangster story; ‘Too Soft Heart’ will be a story about killers; and’The Girl Across the Street ‘will be a ghost movie." The three seemingly bizarre settings had long planted seeds in Ren Xianqi’s heart.

 

The three relationships that were originally related to love were instead handled by him as very "tough guys".


Ren Xianqi talked about the creativity of these three stories, and it can be said that he talked endlessly, "In’The Girl Opposite Look Over ‘, the girl is a female ghost, and’I’ is a timid guy. In short, this story must be interesting for me before I really start to execute it."

 

But at the moment, Ren Xianqi has not found a good screenwriter to participate in the creation of these stories, "This dream is still burning in my heart, and I will try my best to realize it."


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Buy a car and enjoy benefits! AITO asks M5 EV pure electric version for a new trip.

Looking at the current new energy vehicle market, the development momentum is rapid, and the production and sales volume have hit record highs. According to the data released by the Ministry of Industry and Information Technology, in 2022, the production and sales of new energy vehicles in China were 7.058 million and 6.887 million respectively, increasing by 96.9% and 93.4% simultaneously, ranking first in the world for eight consecutive years. From the data point of view, the development momentum of new energy vehicles in China is very strong, in which the domestic market sales of self-owned brand new energy passenger cars accounted for 79.9%.

Among them, the Sailisi AITO brand has become a dark horse in the new energy market in 2022, and its brand sales in the first year exceeded 75,000 units, surpassing the total sales of "Wei Xiaoli" in the same period, and its product strength was widely recognized by the market. As the latest product of Sailis AITO Jiejie series, AITO Jiejie M5 EV pure electric version brings users a new travel experience with extreme intelligence, super control and luxury and comfort, and becomes the first choice for pure electric travel.

Wisdom can replenish energyplan Fearless of mileage anxiety

For pure electric vehicles, cruising range is the core issue that users pay attention to. AITO asks the M5 EV pure electric version to be very competitive in the same class. In the fully charged state, AITO’s M5 EV pure electric version can realize CLTC cruising range of 620km and daily commuting. If you commute for 30 km, you can charge it once every half a month, which is not only low in car cost, but also very worry-free. In addition, AITO’s M5 EV pure electric version is compatible with 97% public charging piles on the market, and it is convenient to replenish energy. It is worth mentioning that users can also know the range of the current mileage through the "poached egg map" to get a good idea of the remaining cruising range. The car will also give a low battery warning through "Xiaoyi" and recommend nearby charging piles. In addition, the M5 EV pure electric version of AITO also adopts the super power-saving mode pioneered by the industry, which can increase the emergency mileage after being turned on with one button.

All-aluminum chassis energizeExtreme sense of control

For all kinds of complicated road conditions, the pure electric version of the M5 EV can AITO be handy. Empowered by DATS dynamic adaptive torque system jointly developed by Celestial Automobile and Huawei, the ride comfort and driving comfort of the pure electric version of AITO Wujie M5 EV have been greatly improved, and it is very stable to drive. Not only that, the pure electric version of AITO M5 EV adopts all-aluminum chassis, which makes the performance of the whole vehicle more stable. The front double wishbone and rear H-arm multi-link independent suspension, which complement each other with the chassis, can keep the body in a calm posture under different driving conditions, so that every departure can be handled calmly.

HarmonyOS threeIntelligent cockpit Bring the ultimateSmart travel

With the wave of intelligence, the convenient operation experience brought by intelligence can capture the hearts of consumers. At this point, AITO is well versed in it. AITO asks the M5 EV pure electric version equipped with the brand-new HarmonyOS 3 intelligent cockpit is a typical representative of intelligent and networked new energy vehicles. It breaks through the three major pain points of "less application, slow upgrade and poor experience" of traditional car machines. With the support of distributed technology of HarmonyOS, it opens up the boundary of full scene and multi-intelligent devices, and realizes the integration and sharing of mobile phone ecology and car machine ecology.

On the whole, AITO’s M5 EV pure electric version is a model with many advantages. Whether in battery life, maneuverability or intelligent configuration, it has industry-leading performance to meet users’ high-quality travel needs.

New year courtesy SeresLet new and old users

Excellent product strength makes AITO’s products "sell like hot cakes when they are launched", and during the New Year, Cyrus warmly gives back to new and old users. On January 13th, the official account of Sailis AITO released a message saying: For the car owners who had picked up their cars before 8: 30 on January 13th, 2023, a New Year Thanksgiving feedback activity was launched, and the first car owner of the M5 EV pure electric system and the M7 comfort version and luxury version was asked to extend the vehicle warranty to 8 years/160,000 kilometers and give 120,000 AITO points, with the maximum value of rights and interests of 35,000 yuan; The first owner of the M7 flagship edition of Wenjie extended the vehicle warranty to 8 years/160,000 kilometers; The owners of all M5 cars in Wenjie give a 2-year basic maintenance.

In addition, some models of AITO series released new prices for the New Year. Among them, the starting price of the standard version of the Wujie M5 EV pure electric rear drive is 259,800 yuan, and the starting price of the performance version of the Wujie M5 EV pure electric four-wheel drive is 289,800 yuan; The starting price of the comfort version of Wenjie M7 is 289,800 yuan, and the starting price of the luxury version of Wenjie M7 is 309,800 yuan.

It coincides with the Spring Festival holiday. I went to the store with my family to see the pure electric version of the M5 EV. This car is impeccable in terms of cruising range, cockpit comfort and handling. Compared with Tesla and Wei Xiaoli, it is much better. In addition, in the context of rising global raw materials, AITO has been able to adjust the price greatly and fully protect the rights and interests of old car owners. It can be said that AITO series not only keeps ahead of its peers in product quality, but also excels in quality-price ratio and service.

Compared with other new forces’ behavior of increasing prices in the beginning of the year, Sailis AITO asked the world to take the user as the center, give warm feedback, give real money to new and old users, and make a big move with a maximum discount of 30,000, plus leapfrog product expression, which makes many competing products somewhat "unable to sit still"!

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Extreme krypton IPO: a valuation stop loss in the "reverse growth cycle"

Wen | Tan Qing said AI, author | Zheng Kaiche

In the matter of building a car, although everyone has different resource endowments, US stocks seem to be a common destination.

Less than three years after its establishment, Krypton is finally going public in the United States.

With capital technology and other resources, coupled with its strong brand-building ability, Geely has successfully created a valuation of nearly 100 billion yuan. The IPO road is obviously faster than Tesla and Wei Xiaoli. Although there is Geely’s support behind it, the speed of this IPO has surprised many investors.

The extremely krypton IPO was interpreted by the outside world as a powerful counterattack by the traditional car-making forces. It’s just,Look closely, although this hand counterattack is menacing, it still lacks some internal force.

This IPO, the planned amount of funds raised is not high, and the planned financing is 1 billion US dollars, compared with the expected valuation of 18 billion US dollars.This fundraising plan is still a bit conservative.Conservative fundraising plans often have a cause, either because the industry valuation is not ideal or because they are not confident in their own growth value.

In short, lowering the planned fundraising may make it easier for the IPO to succeed. After all, before the growth is really realized, the valuation will still be variable, and the current market valuation of new energy car companies is not the highest point, and it is more pragmatic to be conservative.

From an external perspective, this may be related to the financial demand for funds. After all, after two and a half years of operation, the accumulated loss of Krypton is as high as 16 billion yuan. According to the data of Tianyancha APP, in February this year, the A-round financing was 750 million US dollars, and the valuation reached 13 billion US dollars.

Under the continuous loss, the "second generation of cars" will be "independent" after all. It is also a road that needs to be taken after all to get out of the arm of the parent company and run its own profits and losses.

Geely’s plan to split Krypton and list it independently has been planned for a long time. In October 2022, Geely Automobile planned to split and go public. So, why wait until now to go public?

From the financial point of view, the conditions for split listing are also mature.

According to the data in the prospectus, the revenue from 2020 to 2023 was 3.185 billion yuan, 6.528 billion yuan and 31.899 billion yuan respectively, and the revenue growth rate in 2021 and 2022 was 104.94% and 388.69% respectively.

What is this concept?

Let’s look at Tucki. In the corresponding reporting period, Tucki’s revenue was 5.844 billion, 20.988 billion and 26.855 billion respectively, and the revenue growth rate in 2021 and 2022 was 259.12% and 27.95% respectively.

In other words, from 2021 to 2022,Krypton’s revenue scale and growth rate have surpassed that of Xpeng Motors.

Compared with Weilai and Ideality, the latter’s revenue in 2022 was 45.507 billion and 45.287 billion respectively, with growth rates of 37.19% and 67.67% respectively. If krypton can maintain a similar growth rate, then krypton is likely to come from behind in terms of revenue scale.

At least for now,Weilai revenue > ideal revenue > krypton revenue > Tucki revenue.

Let’s look at the net profit.

From 2020 to 2023, the net profit of Krypton was 104 million yuan,-4.514 billion yuan and-7.655 billion yuan respectively. In the same period, the figures in Tucki were-2.732 billion,-4.863 billion and-9.139 billion. Obviously, Krypton has more revenue, less losses and higher management quality than Tucki.

The other two companies had less ideal losses, with net profits of-166 million,-321 million and-2.032 billion respectively, and the net profits of Weilai were-5.304 billion,-4.017 billion and-14.437 billion respectively.

As far as losses are concerned, Weilai > Tucki > Extreme Krypton > Ideal.

Coincidentally, the current ideal market value of US stocks is US$ 44.8 billion, which is greater than US$ 16.3 billion in Tucki and US$ 13.8 billion in Weilai. That is to say, from the perspective of profit valuation, if Krypton is valued at $18 billion, it is just between the ideal and Tucki.

Overall,No matter from the revenue valuation or profit valuation, with the current scale and profitability, it has reached a node that can be an independent IPO.

Tan Qing said that AI believes that besides its mature operating conditions, the listing of Krypton may be more influenced by external environmental factors.At this time, it is extremely listed, which may be intended to stop loss.

The first is the stop loss on valuation.

Affected by the market cycle, the secondary market is experiencing a reverse growth cycle. At this time, the extremely listing means more "stop loss" in valuation for shareholders such as Geely.

From the external environment, whether it is a science and technology track or a new energy vehicle track, the growth valuation has been killed. Weilai’s market value has dropped from more than 60 billion US dollars to 13.8 billion US dollars, Tucki has dropped from more than 30 billion US dollars to more than 16 billion US dollars, and even Tesla has dropped from one trillion US dollars to more than 700 billion US dollars.

Even if Krypton waits any longer, it may not have a good valuation window. It is better to go public at this time, relying on its own experience quality and growth ability, and strive for a better valuation as much as possible, at least higher than that in Tucki.

Extreme krypton has this confidence.

On the one hand, the average bicycle price in Krypton is better than that in Tucki.

Taking the data in 2022 as an example, the sales revenue of vehicles (19.67 billion) and the sales volume of krypton in 2022 were 71,941 vehicles.

According to the accounting, the income of extremely krypton bicycles is about 270,000. In the same period, Weilai was 370,000, Tucki was 210,000 and Ideal was 330,000.

On the other hand, Krypton’s gross profit margin performed better.

In terms of gross profit margin, Krypton’s gross profit margin was 10.5% last year, while it was 21.22% in the same period. Tucki’s gross profit margin has not yet turned positive, and Weilai’s is only 1.28%.

The listing of MPV Extreme Krypton 009 raised the average selling price of bicycles in the first half of the year. The average selling price of bicycles in the first half of the year was 309,000 yuan, up 30,000 yuan year-on-year. In addition, with the increase in product sales and the support of Geely’s industrial chain, the cost of building a car is also declining. As these advantages are further revealed, the performance of Krypton may have more room for release.

Therefore, IPO may not be the best time at this time, but it is indeed a more suitable time for valuation.

Second, the financial stop loss.

Finance here does not mean extreme krypton, but Geely. Geely is not only a brand of extreme krypton, but it is indeed a one with more losses.

In August this year, Geely released its financial report for the first half of this year. The company’s total revenue increased by 25.8% year-on-year, slightly increased by 1% year-on-year, and its gross profit margin was 14.4%. Compared with the same period last year, it decreased by 0.2 percentage points. In this unsatisfactory net profit data, it is difficult to ignore the loss impact caused by extreme krypton and Lectra.

Next, the competition in the whole automobile industry will become more intense, not only in the new energy market, but also in the fuel market. Therefore, financially, Geely does have a lot of pressure.

In fact, if the losses continue, the impact of Krypton on Geely’s finance will be no less than a "bad asset". If Krypton’s independent listing is successful, then Geely’s pressure will be relatively less.

Maybe,The listing of krypton is not only a kind of "sizing up the situation", but also a kind of "having to do it".Even in the "reverse growth cycle" of the secondary market, the market will not give a satisfactory price.

For Krypton, IPO means to really "grow up" and decide your own destiny in terms of brand, product and manufacturing.

According to the prospectus, 90% of the fund-raising plan is related to further expansion of business, such as investing in research and development, increasing product portfolio, and further improving the service network and energy-supplementing facilities network.

In other words, before the product can truly achieve large-scale hematopoietic capacity, krypton still needs a considerable amount of fresh blood from the secondary market.

From the perspective of business structure,The main automobile sales business urgently needs to form a stronger positive cycle ability.

In krypton business, automobile sales accounted for 61.9%, battery and other parts sales accounted for 34.6%, and R&D services and other services accounted for 3.4%. Among the three major businesses, the gross profit margin of Krypton automobile sales business is actually not as high as expected.

In comparison, the gross profit margin of extremely krypton vehicle sales in 2022 was 4.69%, and Wei Xiaoli was 13.70%, 9.45% and 19.09% in the same period.

Gross profit margin is so low,It is because of the market strategy of exchanging price for quantity in the early stage of product launch.

One fact is that most of Krypton’s revenue is supported by 001. In terms of the sales proportion of the brand, before January 2023, there was only one product, 001, and after delivery began in October 2022, the sales volume was more than 10,000 vehicles for three consecutive months.

In February, 2023, after the new car was delivered, the sales volume of Krypton 001 dropped to 88%, and in July, it dropped to 51%, and in September, it returned to 71%.

From this point of view, the sales volume of Krypton 001 is still very large.

I understand that it is impossible to "eat all over the sky in one stroke" by changing the price with the price of Extreme Krypton 001, so I immediately launched Extreme Krypton 009 and Extreme Krypton X, which respectively correspond to hunting MPV and young personalized SUV market segments.

In addition to exchanging price for quantity, the big move released by Krypton is"product positioning and market segmentation win". At the end of October this year, Krypton 001FR, with a starting price of 769,000 yuan, went on the market, which is the ultimate performance of Krypton’s consistent market strategy.

Can this strategy succeed? It remains to be seen.

After the launch of new models such as Extreme Krypton X and Extreme Krypton 009, the brand has indeed gone up, and the price of bicycles has also gone up. Extreme Krypton has firmly established itself in the luxury market.Although the price has gone up, the sales volume of 001 is still very high.

Of course, this may also be related to the production side.

On the one hand, in the case of insufficient production capacity of its own factory, it may still be necessary to hand over some models to Geely for production, which means that even if it comes to IPO, it may still not have complete autonomy in production.

On the other hand, for Krypton, it also needs a climbing process from the release of new products to the release of production capacity. The production capacity of 001 is sufficient, but it is still unknown whether other product lines can successfully complete the capacity climbing.

Whatever the reason,A situation that cannot be ignored is that there is not much time left for krypton.

From the data point of view, the driving force of 001 sales growth is declining. The sales data show that from January to September 2023, the cumulative sales volume of Krypton 001 reached 52,998 vehicles, down 26.33% year-on-year.

Judging from the prospectus, a number of models have been launched.And further research and development of more models to put on the market and spread the product line is a road that has been selected.

According to the prospectus, in 2020-2022 and the first six months of 2023, the R&D expenses of Krypton were RMB 23 million, RMB 3.16 billion, RMB 5.446 billion and RMB 3.189 billion respectively. The expense rates are 1%, 48%, 17% and 15% respectively. We compare the R&D expenditure in 2022, and the ideal R&D expenditure rate is 15%, Weilai 22% and Tucki 19%.

Further, the prospectus shows that 50% of the expenses of Krypton during the reporting period are consulting fees, SEA (Geely Vast Architecture) licensing fees and verification and testing fees.

In other words, half of the research and development expenses are actually given to Geely for the development of new models on the vast architecture. Eager to develop new models and put them on the market,It also seems to explain from the side that the strategy of market segmentation and niche brand style can not support the growth of revenue scale.

Tesla, Ideal, Tucki and Zero Run have all proved that,The real success of building a car is not the success of the niche market, but the success of the mass market.

Why is the sales of Krypton 001 so good? Not because he is a hunting car, but because he can play Krypton 001 in the whole large market of medium and large cars. Therefore, even if we dig deeper into market segments such as MPV, we really can’t support real sales. What Krypton really lacks is to find another mass market product besides 001.

This product is Krypton 007, which appeared at Guangzhou Auto Show.

Extreme Krypton 007 brings an 800V platform and dual motors, with a starting price of 229,900 yuan. In addition, 007 is equipped with an 8295 chip, a 90-inch smart light screen and three laser radars, and its hardware configuration is full.

In the medium-sized car market, Krypton obviously put more chips on it.

Compared with the products of Krypton brand in the past, Krypton 007 faces a more rational market and more intense competition. This market not only includes Tesla Model3, but also Tucki P7 and BYD Han EV, which is the most competitive market for new energy. This also means that the former "car second generation" began to walk out of the comfort zone and walked into the most important main battlefield of new energy vehicles.

"This market is extremely awkward and does not have overwhelming product advantages." Xiao Guo, a brand salesman, said: "Judging from the newly released product information of Krypton 007, it seems that Krypton still emphasizes the hardware parameters of the product, but when users in this market make decisions, after the test drive experience, their intellectual driving ability will often become the key factor in the final transaction, and the advantages of Krypton in this respect are not obvious."

In 2022, Krypton once said that it would put into production L4 self-driving cars for the C-end consumer market in 2024, and Krypton also cooperated with Mobileye to pave the way for the intelligent driving ability of Krypton cars.

Once the rhetoric has gradually arrived at the moment of landing, what kind of answer sheet will Krypton hand over? Can this answer sheet satisfy the market? Perhaps the next secondary market will give the fairest judgment.

What will happen to the performance of krypton IPO? It is worth our common expectation.