分类： yutyiyu

　　On October 18th, the three major indexes of A shares fell collectively.Down 0.8%,It fell by 1.24%.Down 1.2%.

　　From the plate,The industrial chain has risen against the market. Wind data shows that the index rose by 1.29%,、、、Daily limit,、、、Up more than 4%,、Wait for multiple shares to follow up.

　　For the automotive sector,Dongguanpoint out, the new force car companies headed byOrders grew rapidly during the National Day holiday, and the market fever is expected to continue., or it will drive the automobile consumption at the end of the year to consolidate the realization of the steady growth goal of the automobile industry throughout the year.

　　Huawei automobile industry chainAmong the stocks, these twoCar companies have seen a large increase recently. At the same time, the landing of new products is expected to bring a new round of volume cycle:

• In the past 33 trading days, it rose by 161%, and the number of new models of the company exceeded expectations. The model platform, intelligent cockpit and intelligent driving flagship with Huawei’s deep participation may be listed in December, and it is expected to start a new round of loading cycle under the catalysis of channels and products.

• In the past five days, the cumulative increase of the company has exceeded 21%, and the transformation is getting better and better. In September, the automobile sales volume improved to a great extent, the export momentum was steady, and the overseas strategic development was accelerated. The continuous new car cycle is expected to promote the company’s sales andImprove.

　　1、（601127.SH）

　　(1) Recent market conditions

　　On October 18, A shares closed.（601127.SH）The daily limit is 85.91 yuan. The turnover on that day exceeded 9.8 billion yuan, ranking first in A shares. Since August 25th, the stock has soared.As of the close of 18th, the stock rose as high as 161.20%..

　　According to the company official website, Sailis is a technology-based manufacturing enterprise with automobile as its core business, and its business involves new energy vehicles and core three power plants (, electric drive, electronic control), research and development, manufacturing, sales and service of traditional automobile and core component assemblies.

　　thinkThe company and Huawei have deep cooperation in the intelligent selection mode to build a brand in the world, and it is expected to start a new round of volume cycle under the multi-point catalysis of channels and products.

　　(2) investment points (、(Hong Kong), etc.)

　　(1) The number of new M7 orders in the world exceeded expectations.

　　A few days ago, ask the world, from September 12th to October 6th,The new M7 in Wenjie will exceed 50,000 sets.On October 6, the single-day big decision exceeded 7,000 vehicles.Set another one-day record.

　　From the functional point of view, M7 is equipped with HarmonyOS Intelligent Cockpit 3.0 system, which has massive applications, seamless switching of mobile phones to cars, ecological sharing and voice interactive upgrade experience. In addition, Wenjie M7 is equipped with Huawei ADS Advanced Intelligent Driving 2.0, which is infinitely close to L3 intelligent driving experience.

　　(Hong Kong) thinksHarmonyOS’s increasingly perfect ecology has gradually reflected the promotion of cross-border orders.It is expected to drive the sales volume of the industry to bottom out.. With the strong R&D support of Huawei,The safety and practicability of assisted driving technology will quickly enter the first echelon in China.Regional coverage and vehicle application are expected to continue to develop.

　　② The M9 is expected to be listed in December.

　　In order to seize the "Golden September and Silver 10" consumption peak season, the pace of major brands announcing the launch of new cars has obviously accelerated.According to the 375th batch of Announcement of Road Motor Vehicle Manufacturers and Products issued by the Ministry of Industry and Information Technology, M9 and M9EV are listed..

　　The new car is based on the newly built D-class.The SUV platform will be equipped with all-aluminum chassis, intelligent cockpit, intelligent driving, Huawei megapixel smart headlights and Huawei A.UD, Huawei AI big model, etc.

　　The pre-sale price range of AITO bound M9 is 500,000-600,000 yuan, which is compared with the standard Mercedes-Benz GLS and the ideal L9.It is expected to be officially listed in December 2023..

(Source: Ministry of Industry and Information Technology website)

　　point outThe M9 represents a new round of cooperation between Huawei and Celeste in car selection business (China is the first deeply involved vehicle platform, intelligent cockpit and intelligent driving flagship configuration).It is expected to continue to enhance the brand power of AITO..

　　③ Binding Huawei+independent breakthrough and waiting for the transformation effect.

　　1) Cooperation.：

• In order to further improve the management efficiency/decision-making response speed, in July 2023, the company and Huawei set up the "AITO Joint Working Group on Marketing and Service", and the cooperation will not only be limited to the front end of sales, but also open to the after-sales to achieve end-to-end closed-loop cooperation management.

• Huawei empowers the Cyrus brand in products and channels, and the vehicles in the border area are equipped with intelligent configurations such as HarmonyOS car system and HUAWEIADS advanced intelligent driving system, and are sold by online Huawei Mall and a large number of offline stores, which has strong competitiveness.

　　2) Autonomy：

• Focusing on system architecture construction, the company has built a number of key platforms, such as Rubik’s Cube Platform and Cloud Sea Architecture. In the first half of 2023, the company added 315 authorized patents and 1,058 new patent applications.

• estimateIn 2023, Sellers sold 85,000 vehicles, up 6% year-on-year, among which the sales of M5 and M7 models were 45,000 and 40,000; In 2024, Sailis sold 255,000 vehicles, up 200% year-on-year, among which the sales of M5, M7 and M9 vehicles were 7.5, 11 and 70,000 vehicles.

　　：

　　point outThe Celestial brand that the company cooperated with Huawei has won strong market response and good product reputation.With the introduction of new M7 and M9, the sales of new energy vehicles are expected to be greatly improved.. It is estimated that the company’s revenue will increase by -20%, 233.1% and 30.5% from 2023 to 2025. GuimuIt is estimated that it will turn losses into profits in 2025.

(Source:)

　　At the same time, Cinda also suggested the following risks: car sales are less than expected, competition in the auto industry is intensifying, raw material prices fluctuate, and the launch progress of new models is less than expected.

　　2、（601633.SH）

　　(1) Recent market conditions

　　On October 18th, A shares closed up 3.72% to 30.98 yuan.The company’s share price rose for five consecutive days (October 12-October 18), with a cumulative increase of 21.11%..

　　Official website shows that the company’s business includes automobile and parts design, research and development, production, sales and service, and it owns Haval, Wei Brand, Euler, Tank and Great Wall pickup truck.

　　Recently,Release September production and sales express. The announcement shows thatIn September, the company sold a total of 121,632 vehicles, an increase of 29.89% over the same period last year; The output was 137,870 vehicles, an increase of 33.49% over the same period last year..

　　thinkThe company’s car sales in September improved to a great extent. Considering the bright performance of some new cars on sale,Looking forward to the continuous heavy volume in October..

　　expressIn the short and medium term, the company is determined to transform new energy.The continuous new car cycle is expected to promote the company’s sales and performance improvement.In the long run, the company’s four expansion strategies open up the long-term growth space of sales volume, and intelligent transformation opens up the profit space of the whole industry chain.

　　(2) Investment Points (,)

　　① New energy transformation is getting better and better.

　　In July 2020, the company proposed to transform into a global technology travel company. By the end of 2022, four business segments were formed, namely, Euler+Salon, Tank+Weipai, Haval and Great Wall pickup truck. The development strategy of hybrid, pure electricity and hydrogen energy in parallel has been established, and the whole industrial chain layout has been carried out in the fields of intelligent driving, intelligent cockpit and intelligent chassis.

　　Recently, President Feng Mu said in an interview during the Chengdu International Auto Show,It took the company three years to complete the electric transformation, and it will take another 2-3 years to complete the intelligent transformation..

　　According to the company’s production and sales data in September,Type-B sales continued to increase.In September, it sold 21,900 vehicles, a year-on-year increase of 111.23%. In the third quarter of this year, the company sold 77,121 vehicles, a year-on-year surge of 131.41%, and the company’s intelligent new energy achievements appeared.

　　Currently,Many new products of the company are ready to go.The focus is on inserting the mixed track, and the new car is clearly positioned. It is estimated that more than 10 intelligent new energy products will be launched in 2023. Many new energy vehicles such as Haval brand second-generation big dog, Xiaolong series, Raptor and H5, WEY brand Blue Mountain, Gaoshan, tank brand 300PHEV/500PHEV/400/700, and Euler and Salon brands are expected to make important contributions in the future.

　　② The export momentum is steady, and the overseas strategic development is accelerated.

　　According to the production and sales express in September, the company exported 30,018 vehicles in September, up 4.56% year-on-year, accounting for 24.7% of the group’s sales, and the export volume exceeded 30,000 vehicles for two consecutive months. From January to September, Great Wall Motor sold a total of 211,696 vehicles overseas, up +89.45% year-on-year.The company’s overseas export momentum is steady.. In the first three quarters, Great Wall Motor’s overseas sales accounted for 23.63%, 24.04% and 25.45%,In a sustained growth trend..

　　The company’s global layout is leading, with differentiated layout in Europe, South Asia, ASEAN, Latin America and other markets, and the pace of independent brands going out to sea is accelerated in an all-round way.Specifically:

• Haval H6, Haval JOLION, Haval Big Dog, Euler Good Cat, Tank 300, Great Wall Gun and other models have been listed in Cambodia, Vietnam, Brazil and other places, helping global sales to continue to climb.

• The star single product tank 500 has been listed in the United Arab Emirates, Saudi Arabia, Oman, Bahrain and other places, and continues to explore the Middle East market.

• The company formally signed a strategic cooperation agreement with ADM automobile factory of Uzbekistan automobile group on Uzbekistan market development cooperation, and a Great Wall strategy is accelerating.

　　Performance forecast:

　　Maintain the profit forecast, which is expected to be realized in 2023-2025.They were 1,742.30, 2,123.43 and 251.313 billion yuan respectively, up by 26.86%, 21.88% and 18.35% year-on-year, and the net profit attributable to the mother was 66.06, 87.12 and 11.210 billion yuan, up by -20.08%, 31.88% and 28.67.

(Source: Founder)

　　At the same time, Founder Securities also suggested the following risks: the sales of new energy vehicles were less than expected; The launch of new models is less than expected; Gross profit is damaged under the price war; Car exports fell short of expectations.

　　(The content of this article from licensed securities institutions does not constitute any investment advice, nor does it represent the platform’s point of view. Investors are requested to make independent judgments and decisions. )

　　Compared with last year’s "Five-nation melee", 13 films participated in this year’s National Day holiday, among which not only four Chinese 3D films, Di Renjie’s Dragon King, Escape from Life 3D, White Fox and Magic, were released one after another, but also a number of small and medium-sized 2D films fought fiercely. The Lone Ranger starring Johnny Depp also got on the last bus of the National Day holiday yesterday.

Young Detective Dee: Rise of the Sea Dragon

　　According to the latest data released by the ticket bar today, Tsui Hark’s new costume suspense film "The Dragon King, the God of Di Renjie" has been popular at the box office since it was painted on September 28, and the cumulative box office has reached nearly 400 million in the eight days since its release. It is reported that the box office of "Di Renjie" broke through 400 million in six days, which is second only to "Demon Journey to the West" and "The Great Embarrassment of People on the Road", which is roughly in sync with the speed of "Painted Skin 2" breaking through 400 million in eight days, accounting for more than 70% of the total box office in the same period, and also topped the overseas market except North America, becoming the most popular movie in the National Day of the Mainland.

　　In addition, in the fierce competition of National Day, Escape from Life 3D accumulated 77.7 million, Speed Snail accumulated 99 million, Magic accumulated 24.6 million and White Fox accumulated 25 million. The first day of the "Lone Ranger" released yesterday was 20 million.

The screening of "Di Renjie" is far ahead, and "Escape from Birth" is greatly influenced by "Lone Ranger".

　　Throughout the National Day period, the screening of The Dragon King, the God of Di Renjie, was far ahead, occupying about 30% of the national screening space. At the same time, the film performed strongly, which enabled the film market in the National Day file in 2013 to find a supporting point and the market to operate at a high level. Even in the face of competition for new films, the screening was almost unaffected, and the IMAX screen screening continued to focus on Di Renjie.

"The Lone Ranger" joined the war in the middle, squeezing the living space of other films again.

　　With a good reputation, The Escape from Life 3D directed by the Peng brothers was always the second runner-up with ultra-low decline before the release of The Lone Ranger. However, after the Lonely Ranger, which was painted in the middle of the National Day file, entered the war on October 5, the proportion of national screening on the first day was 18.42%, which directly led to a sharp drop in the screening of Escape from Life 3D, and I am afraid that it will become a passing line if it exceeds 100 million yuan. At the same time, the affected screening of "Psychological Warfare" also dropped by half, while the animated film "Speed Snail" was very resilient and the screening remained firm.

In 2013, the box office of the National Day file far exceeded last year’s Golden Week, and the total capacity will exceed 600 million.

　　After the overall box office downturn in September, The Dragon King, the God of Di Renjie, made the market warm up from a fatal low of 20 million per day to a high of over 100 million. However, judging from the daily box office, although "The Lone Ranger" was added halfway, it was more to dilute the market of films such as "The Dragon King of Di Renjie" and "Escape from Life 3D" than to add help to the market.

　　According to the market rules, the box office of the National Day movie market will gradually decrease every day. But despite this, in the case of the remaining two days, this year’s National Day box office has far exceeded last year. Especially, driven by Di Renjie, this year’s National Day box office averaged about 80 million yuan per day, and it is estimated that the final capacity of the whole Golden Week will reach more than 600 million yuan, among which the Dragon King, the God of Di Renjie, will occupy the majority.

Xu Laoguai fought "Di Renjie" after "Flying to Heaven"

Author | Cui Qiuyang

Edit | Chapter Ripple

Xiaomi Auto is one step closer to its official debut.

On August 29th, Xiaomi Group released the results announcement for the second quarter and the first half of 2023, and held a conference call.

On the whole, although the overall revenue decreased in the second quarter, the gross profit, operating profit and adjusted net profit all ushered in year-on-year growth, of which the operating profit and net profit reached 4.04 billion yuan and 5.14 billion yuan respectively, both of which increased by more than 130% year-on-year.

And published together with various financial data,There is also a set of data about Xiaomi’s automobile business: 1.4 billion yuan of research and development expenses.

Financial Information of Xiaomi Group in the Second Quarter of 2023

In this regard, Lu Weibing, partner of Xiaomi Group, president of the group and chairman of the brand Committee, revealed that thanks to the efficient use of funds, "this figure is even less than we expected."

Since the official announcement of the car, according to the public financial data, Xiaomi Group has invested more than 5.5 billion yuan in the automobile business, from supply to manufacturing, to products and sales..

The time plan for mass production in the first half of 2024 is getting closer and closer. What is the specific progress of Xiaomi Automobile??

01

Acknowledging the summer test, the progress of building a car exceeded expectations.

Although in the financial report meeting, Lu Weibing made it clear that the news about Xiaomi Automobile was not authorized by the company and could not be disclosed more, but a small part of the news was released.

He clearly admitted that Xiaomi Automobile had conducted a summer test in Xinjiang, and the progress was very smooth..

On August 19th this year, Lei Jun, chairman of Xiaomi, took a group photo on social media, with the IP belonging to Xinjiang, and the banner held by everyone in the photo read "Fight for Xiaomi Automobile".

Recently, Lei Jun released the Weibo in Xinjiang

This has aroused widespread concern from the outside world, and it has been speculated that Xiaomi Automobile is very likely to conduct a road test in Xinjiang in summer, and Lei Jun personally leads the team.

"Two days ago, I and Lei Zong sent Weibo’s IP to show in Xinjiang at the same time, and everyone was wondering whether we went to Xinjiang to take part in the summer test, which is true. Our summer test should be said to be very smooth. " In response to this incident, Lu Weibing gave a positive answer.

He added:"Our goal of mass production and sales in the first half of 2024 has not changed. Now everything is going very smoothly, which can be said to have exceeded our original expectations and plans.. "

According to Lu Weibing,Xiaomi Automobile currently has nearly 3,000 R&D personnel.. "When Xiaomi Automobile chose to enter the automobile industry from the beginning, we made all the layouts from the perspective of’ a century-old industrial change’ and with the strategic goal of’ Xiaomi will enter the top five global electric vehicle brands in the future’. Based on this layout, we adopted the whole process of self-research, and almost all aspects of our first car were self-developed by Xiaomi. "

Due to the choice of self-built factories and full-stack self-research, Lu Weibing said frankly,Xiaomi automobile has adopted a very over-investment approach."It can be said that in order to ensure the smooth progress of the first car, we have invested a lot. We will also disclose relevant investment every quarter, which can be used as a reference for Xiaomi’s investment in automobiles. Of course, from the perspective of cash flow, it may be faster. "

02

Everything seems to be ready, from manufacturing to channels.

Although Lu Weibing didn’t disclose much, we can still find out how Xiaomi’s car-making business is progressing from the aspects of supply side, manufacturing side, product side and sales side.

First of all, look at the supply of parts.

In the era of new energy vehicles, the most important part is the battery, regardless of the cost or the function of the whole vehicle.

Contemporary Amperex Technology Co., Limited is rumored to be one of the suppliers of power batteries for Xiaomi Automobile.

Earlier, according to Interface News, Xiaomi Automobile has confirmed that Zhongchuang Singapore Airlines and Contemporary Amperex Technology Co., Limited are the primary and secondary power battery suppliers at this stage. BYD, which was previously speculated by the outside world, is not on the supply chain list.

However, some insiders told Cybercar that,The power battery supplier of Xiaomi Automobile has already been determined, and it will still adopt the combination of Contemporary Amperex Technology Co., Limited and BYD, in which Contemporary Amperex Technology Co., Limited will supply ternary lithium batteries to Xiaomi Automobile and BYD will supply lithium iron phosphate batteries..

No matter which battery manufacturer’s products are used, it is certain that Xiaomi will adopt a multi-supplier model in the supply of power batteries from the very beginning..

On the one hand, it has absorbed the experience of the predecessors of the new energy main engine factory in the previous two years. In 2022, many new energy OEMs adopted a single supplier model for some parts and components, and all of them were cut off under the impact of the epidemic, resulting in that they could not produce and deliver on time even if they had more orders, which not only reduced the capacity utilization rate, but also caused orders to be unsubscribed by users.

On the other hand, although Xiaomi Automobile is already a big traffic user before it is officially listed, what is always seen in the automobile industry is the sales volume, not the topic heat. Xiaomi Automobile, which has no mass production delivery experience, does not have much bargaining power in front of suppliers.

After the introduction of the multi-supplier model, coupled with the obvious oversupply of power batteries, Xiaomi Automobile has more initiative.

In the supply of other key components, we can spy on Xiaomi’s capital layout..

Among them, in terms of lidar, Xiaomi has invested in four lidar manufacturers, including Hesai Technology, Innovusion Tudatong, Beixing Photon and Sagitar Juchuang, through Xiaomi Group, Xiaomi Investment and Shunwei Capital associated with Lei Jun; In the autonomous driving solution, Xiaomi also invested in Zongmu Technology, Geometry Partners, Smart Walker and Momenta, and even acquired the autonomous driving company Deepmotion, taking its accumulated technology in intelligent driving perception, decision-making, planning and control as the basis for self-research.

On the manufacturing side, the Yizhuang Phase I factory built by Xiaomi Automobile is nearing completion, and its annual production capacity is expected to reach 150,000-200,000 vehicles.. It is reported that Yizhuang factory has also started to recruit workers in large quantities for more than 100 job vacancies in painting, welding and battery workshops.

Yizhuang will become the future R&D and manufacturing center of Xiaomi Automobile.

But in 2023, production qualification is the most important thing for car companies in the manufacturing end.

After the National Development and Reform Commission and the Ministry of Industry and Information Technology successively issued the Regulations on the Administration of Newly Built Pure Electric Passenger Cars and the Regulations on the Administration of New Energy Vehicle Manufacturers and Products Access, it is difficult to enter the new energy market in 2023. Both the self-traveler and Jidu were subject to the new regulations, or regretted leaving temporarily, or turned to seek a new car-making model.

But recently,According to the report of Reuters, Xiaomi Automobile has removed this obstacle and obtained relevant vehicle-making qualifications, but the reason and process for Xiaomi Automobile’s specific qualification are unknown..

In terms of products,According to the public information, the first two products of Xiaomi Automobile will be marked with Tesla Model 3 and Model Y respectively, and it is likely to provide a battery version of 101kWh, and there is also a high probability that at least an optional version of lidar will be provided..

Regarding the most important selling price,According to insiders, the starting price of Xiaomi’s first car will probably drop below 200,000 yuan and reach the level of 170,000 yuan..

Judging from the summer test performance of Xiaomi Automobile exposed by Hu Zhengnan, a partner of Shunwei Capital Investment, in Weibo a few days ago,In the high temperature environment, Xiaomi automobile can give a performance of 8.8kWh/100km. For comparison, the reference data of Model 3 energy consumption given by Tesla is 12.6kWh/100km..

On the whole,With the starting price of 170,000 yuan, plus 101kWh battery, lidar version and 8.8kWh/100km energy consumption, Xiaomi’s first product is already quite competitive..

Hu Zhengnan released the energy consumption performance of Xiaomi automobile in summer test in his Weibo.

Finally,existOn the sales side, Xiaomi is likely to learn from Huawei, select some of its own more than 10,000 channel stores and upgrade them to user centers. Even if only one tenth of the stores are upgraded, there are about 1,000, which is also the level of the head of the domestic new energy main engine factory..

According to the public information, Xiaomi Automobile has started the site selection of the delivery center, requiring the candidate venue to provide at least 120 parking spaces, and the construction area should not be less than 3,000 square meters.

Besides,Lei Jun also revealed two small messages at this year’s Xiaomi annual conference:At present, almost all smart electric vehicles are equipped with wireless charging; The perception system of the second generation robot dog iron egg is somewhat similar to the current intelligent car perception system..

03

Can you go public on an auspicious day? Xiaomi automobile not only owes Dongfeng.

From supply to manufacturing, from products to sales, Xiaomi Automobile seems to be fully prepared for the launch of the first product.

However, Xiaomi Automobile is really ready for everything, only owing to the east wind. Can it be listed on an auspicious day? It doesn’t seem to be.

After the arrival of the new energy wave, the situation of the whole automobile industry can be said to be changing rapidly, and no matter how many and prudent plans, they can’t keep up with the changes.

Some netizens broke the news and photographed four Xiaomi car test cars in Xinjiang.

From the price point of view,Xiaomi’s first car product is selected as the benchmark Model 3. If the starting price really comes to 170,000 yuan, it means that it is 30,000 yuan cheaper than the current Model 3. This price is very attractive to consumers..

But the mantis catches cicadas, and the yellowbird is behind. On August 28th, Tucki announced that it would lower the price threshold of intelligent electric vehicles to 150,000 yuan. Tucki officially announced that it will acquire Didi’s existing and highly-completed pure electric platform, and launch 150,000-yuan B-end +C-end products on this platform, among which the C-end products will be empowered by Tucki’s roll-up structure and XNGP intelligent assisted driving system.

In this way,Although Xiaomi car products are cheaper than Model 3, their advantages are not obvious compared with Tucki..

Not only that, thanks to the gambling agreement signed with Didi, Tucki’s upcoming 150,000-yuan products will not worry about sales. There is a high probability that there will be a sales scale of 100,000 vehicles every year, while Xiaomi needs to fight alone to fight our way out.

In addition,Xiaomi should also be prepared to "support one child for the whole family" at the beginning of the business..

Xiaomi’s second-quarter financial report data shows that the overall gross profit margin of Xiaomi in this quarter, as well as the gross profit margin of smart phone business and IoT and consumer products business, all reached new highs, reaching more than 13%.

However, from Wei Xiaoli to Zero Run, Nezha, Ai ‘an, etc., all the new OEMs in recent years started with negative gross profit margin and huge losses. Li Bin, founder and CEO of Weilai Automobile, even admitted that "it is impossible to build a car without 40 billion yuan".

Once it officially enters the market, I am afraid that Xiaomi’s auto business will not only face losses, but also drag down the financial data of Xiaomi Group and even affect the performance of the Group in the secondary market.

Xiaomi has rich experience in hardware manufacturing, and the existing sales channel network is also one of the advantages.

But on the bright side,Thanks to the origin of its own mobile phone manufacturer, Xiaomi may also save a lot of costs in terms of large-scale production, sales network layout and some R&D expenditures..

Among them,Different from Wei Xiaoli, Xiaomi has the experience of large-scale hardware manufacturing and mass delivery, and there should be no "productivity hell" in the initial stage of vehicle delivery..

In addition, as mentioned above, Xiaomi Automobile can choose to upgrade its existing offline stores instead of relocating them to deploy its sales network.

What’s more, in order to ensure the competitiveness of the mobile phone business, Xiaomi has laid out the AI ? ? big model technology.Lu Weibing also revealed in the conference call that AI will definitely be combined with "Little Love Classmate" (Xiaomi’s artificial intelligence assistant) in the future. After the release of automobile products, Xiaomi’s accumulated technology in human-computer interaction and AI big model can also be directly adapted to the car end, without extra time and effort to develop related functions for the intelligent cockpit from scratch..

All in all, thanks to its years of experience in the field of mobile phones and IoT, Xiaomi Automobile can be said to have a considerable degree of software and hardware R&D and manufacturing capabilities, not to mention being born with a golden spoon, but even so, in the increasingly cruel automobile market, Xiaomi Automobile is still a long way from getting a "real ticket".

　　have/reap a bumper/copious/rich harvest

　　Less than a month before the 2023 college entrance examination, the college entrance examination work was put on the agenda. On May 9, the Ministry of Education and relevant departments held a video conference on the safety of the 2023 national college entrance examination. The Minister of Education made arrangements for the 2023 college entrance examination, emphasizing the prevention of cheating on mobile phones as the top priority of this year’s college entrance examination.

　　This year’s college entrance examination is the first one after the Covid-19 epidemic, which means that the epidemic has little impact on the college entrance examination, and we will concentrate on the "safe college entrance examination". One of the arrangements for the "Safe College Entrance Examination" is to strengthen comprehensive management, and preventing mobile phone cheating is the top priority of this year’s college entrance examination security. To this end, the Ministry of Education emphasizes that mobile phones cannot be brought in, used or sent out.

　　The reason why preventing mobile phone cheating is the top priority of college entrance examination security is because everyone has a mobile phone today. If the prevention is not strict, the mobile phone will easily become a cheating tool. More importantly, in recent college entrance examinations, although it is explicitly forbidden for candidates to bring wireless communication devices such as mobile phones into the examination room before the college entrance examination, and metal detectors are supplemented during security inspection, and various measures are taken to shield wireless signals, mobile phone cheating cases still occur.

　　For example, in the college entrance examination in 2021, a candidate in Hubei illegally brought his mobile phone into the examination room. In the examination, he hid the mobile phone under the draft paper to shoot questions, and distributed it to a training institution to seek answers at the beginning of the examination. In the college entrance examination in 2022, a candidate in Gansu illegally brought his mobile phone into the examination room. After the examination, he took the test paper and sent it to QQ group for an answer. These events have aroused social concern and affected the reputation of the college entrance examination.

　　The college entrance examination is a life test for the majority of candidates. Only a standardized college entrance examination order can ensure the fairness of the college entrance examination. Although the mobile phone cheating in the above cases failed to achieve the goal, it still revealed that the security of the college entrance examination seemed to be well deployed, but in fact there were some loopholes. In order to maintain the fairness and justice of the college entrance examination, preventing mobile phone cheating has been mentioned in an important position in this year’s college entrance examination.

　　The so-called "no entry" is to strengthen the security inspection of test sites and prevent candidates from bringing their mobile phones into the examination room from the source. If the security personnel of the test center are serious and responsible for their work, and with the help of advanced technology such as metal detectors, candidates with mobile phones can be found in time and prevented from entering the examination room.

　　"I can’t use it" means to strengthen the responsibility of the invigilator in the examination room. Even if candidates carry their mobile phones through the security clearance, they will not have the opportunity to use them in the examination room, which is a supplementary defense against possible security omissions. "Unable to transmit" means to improve and upgrade the wireless signal shielding equipment, so that even if candidates use mobile phones in the examination room, they cannot achieve the purpose of obtaining answers.

　　In order to maintain the order and fairness of the college entrance examination, this year, the safety of the college entrance examination was clearly defined, and specific requirements were put forward to form a "full chain" supervision at the test sites. The effect is worth looking forward to. First, "taking the prevention of mobile phone cheating as the top priority of the college entrance examination this year" is a shock to candidates with cheating tendency. Second, this will further compact the supervision responsibility of the three links and ensure that mobile phone cheating cases will not appear.

　　However, considering that the total number of candidates is likely to exceed 10 million this year, the number of candidates in some provinces has increased, and the idea that individual candidates still cheat on mobile phones is not ruled out. At the same time, considering that there are as many as seven or eight thousand test sites in the national college entrance examination, it is not excluded that there are omissions in the security inspection of individual test sites. In addition, there are hundreds of thousands of college entrance examination rooms every year, and there are more than one million invigilators, not to mention the negligence of invigilators.

　　After the Ministry of Education emphasized that preventing cheating on mobile phones should be the focus of this year’s college entrance examination security, all localities must make further detailed arrangements to truly pursue secrecy and prevent one from being sparse. There are still more than 20 days before the college entrance examination. I hope that all relevant departments at all levels, the person in charge of each test center and each invigilator can make full preparations, strictly perform their duties and responsibilities, guard the discipline and fairness of the college entrance examination, and hand over satisfactory answers to the majority of candidates and the public.

　　Photo courtesy/vision china

　　CCTV News:At 8 o’clock every day, CCTV will sort out the big and small things that happened around us within 24 hours.

　　[Focus]

　　● The website of the Ministry of Foreign Affairs pointed out that Hong Kong separatists must take effective measures to punish them according to law under the banner of inviting US troops to land in Hong Kong.

　　● The Ministry of Education issued a document demanding strict application qualifications for international students and improving policies and regulations for studying in China.

　　● The Civil Aviation Administration will resume some international flights in an orderly manner to meet the requirements of Chinese students and overseas Chinese returning to China.

　　● In May, the national consumer price rose by 2.4% year-on-year, and the price is expected to continue to be stable in the second half of the year.

　　● The National Network Information Office ordered Sina Weibo to rectify immediately, and suspended updating the hot search list of Weibo for one week and the hot topic list for one week, from 15: 00 on June 10th to 15: 00 on the 17th.

　　● Beijing Municipal Center for Disease Control and Prevention: You still need to wear a mask when taking the subway and elevator. You don’t need to wear it outdoors or indoors.

　　● Hubei explores the reform of the disease control system, and the main person in charge of the disease control institution will also serve as a member of the health department.

　　According to Hong Kong media, Chen Jiaju, the leader of the "Hong Kong independence" organization, jumped bail in early June and may be hiding in the Netherlands.

　　[Overseas epidemic situation]

　　● By 20: 04 on June 10th, Beijing time, there were more than 7.14 million confirmed cases and 408,025 cumulative deaths in COVID-19.

　　● United Nations Development Programme: False epidemic information is harmful, and the international community must join hands to deal with it.

　　● Add another 43.5 billion! In order to relieve the epidemic, France has invested a total of 460 billion euros in enterprises and individuals.

　　● The US media reported that Covid-19, a number of American National Guard soldiers in charge of maintaining order, tested positive.

　　● Recently, there have been frequent collective infections in the South Korean capital circle, and 520 schools have suspended teaching at school.

　　[Expo]

　　● The Federal Reserve announced that it will keep the interest rate unchanged at zero, which is expected to last until 2022.

　　● The classic American film Gone with the Wind was taken off the shelves because it preached racism and was suspected of racial discrimination.

　　● Dehmel, Deputy Spokesman of the German Federal Government: We have learned from the US that the US troops stationed in Germany have withdrawal plans.

　　● Brazil’s inflation contraction rate reached 0.38% in May, the worst situation in 22 years.

　　● Palestine plans to establish a "demilitarized Palestinian state" and live in peace with Israel.

　　● Federer’s right knee will be operated again. The 2020 season is over and he is looking forward to returning to the arena at the beginning of the 2021 season.

　　[hundred States]

　　● Xicheng, Beijing: The enrollment allocation inquiry system has been restored, and no human factors have been found in the failure.

　　● Wangfujing’s share price soared in May and was questioned for insider trading. The Shanghai Stock Exchange issued a supervision letter.

　　● Jiaozuo Intermediate People’s Court responded to the Xiuwu County judge’s "threat" to the defendant’s family: the judge involved has been suspended.

　　● An accident in Shaanxi Liaoyuan Coal Industry Co., Ltd. caused 7 people to lose contact, and the mining license expired on June 9.

　　● A senior girl in Chengdu University of Technology scratched two students with a knife. Police: There is a contradiction between the suspect and the injured.

　　● Sihong, Jiangsu Province notified some primary school students of abdominal pain and dizziness: As of the afternoon of June 10th, all the students in the outpatient department had returned to school and returned home after follow-up.

　　● The two communities in Shenzhen are only separated by a road. Due to the different school districts, the unit price difference of housing is 80,000.

　　● Gansu female college students were defrauded by electricity for 370,000 yuan just after they got rid of poverty. The police: they are trying their best to trace it.

　　● Professor Zhejiang University of Finance was prevented from helping stray cats and dogs at school and wanted to resign. The school proposed to pay 550,000 liquidated damages.

　　Visual sense

　　● At 02: 31 on June 11th, 2020, China used the Long March II C carrier rocket at Taiyuan Satellite Launch Center to successfully put Haiyang-1 D satellite into the scheduled orbit, and the launch was a complete success.

　　● On the 10th, Jinan’s century-old building "Nun Lou" moved to a new foothold by "walking" 76 meters by car.

　　[sound]

　　"Covid-19 should not be underestimated. It is easier to multiply and spread in the human body. This virus will not suddenly go away. There are many possibilities in the future."

　　— — Wang Chen spoke at the seminar "Construction of Long-term Mechanism for Epidemic Prevention and Control in Colleges and Universities under Normalization"

　　"Some people say ‘ Make America great again ’ But when was America great? "

　　— — Brook Williams, niece of African-American man Freud, said.

　　[face]

　　Wang Dingguo, the wife of Comrade Xie Juezai and the old Red Army, died of illness at 11: 06 on the 9th at the age of 107.

　　During the epidemic, a girl named Liu Gege and her friends drove for more than ten hours and walked into the villages of Biyang, Zhumadian, Henan Province, Luliang, Shanxi Province and xian county, Hebei Province, and delivered small bags of gifts to the children. On the way back from delivering supplies to the children, I was in a car accident and was in a coma for more than 20 days.

　　See you at 8 o’clock tomorrow!

　　Editor: Qian Jingtong Kang Yanlong

　　Tianjin North Network News:Gangyunli Community, Yuexiu Road Street, Hexi District, is an old community, with half of the population over 60 years old. There is a fitness team in the community, and the old people hope to have professional teachers to guide them. Volunteers from Tianjin Institute of Physical Education came to the community yesterday to give you professional sports guidance.

　　The volunteer team first brought a traditional martial arts performance to the residents, with one stroke and one style flowing, and the spirit infected the community residents. In order to let the elderly in the community better participate in fitness exercises, the students took everyone to start eight brocade sessions. Volunteers also brought body fat testing instruments to help the old people make a more reasonable fitness plan. Sun Wenyuan, a 69-year-old resident, is a social sports instructor. Today he comes to study with a task. Sun Wenyuan said: "We must play Baduanjin for morning exercises and evening exercises every day. Today, I just want to study again, learn from each other’s strengths, and go back to communicate with more players. " Some residents said: "We hope that they will come to the community often, and then teach us softball and fitness dance to drive our elderly people to participate in fitness activities."

　　Since this month, the Hexi District Committee of the Communist Youth League has launched the action of caring young volunteers to help the elderly, and introduced young teachers and students from different universities and colleges to serve the community. Li Yiran of the Youth Development Department of the Hexi District Committee of the Communist Youth League said: "We have contacted Tianjin Institute of Physical Education, Tianjin Conservatory of Music, Tianjin University of Finance and Economics, Tianjin Labor and Social Security Technician College and other universities to provide health clinics, opera guidance, mobile phone classes and other activities to match the specific needs of residents and ensure that our high-quality volunteer service resources can accurately connect with various communities."

　　Yang Chunhui, the person in charge of Hong Kong Yunli Community, introduced Beijing Opera, poetry recitation, dance and other projects. Professional teachers went to the community to help them develop the community, and at the same time trained some cultural community backbones to better help the community develop. (Jin Yun News Editor Sun Chang)

　　The 2023 Chengdu Auto Show is about to open on August 25th, so which new cars will be unveiled at the Chengdu Auto Show?

　　Zhiji LS6

　　Zhiji LS6 is positioned as a medium-sized pure electric SUV, which will be equipped with 800V fast charge and 3.5s acceleration ability. The existence of multiple sensors on the body also proves that it will have a good high-order assisted driving system. In appearance, the similarity between the new car and LS7 is relatively high, but the opening at the front enclosure is bigger and looks sharper.

　　Zhiji LS6 is expected to provide two interior designs, the low version adopts a new integrated screen, and the high version uses the same interior of LS7. In terms of power, the new car provides three kinds of power: single-motor rear-drive and dual-motor four-wheel drive, matching two battery packs with different capacities of 100kWh and 83kWh, and the pure electric cruising range is 702km and 590km respectively.

　　Modern JYNISES G90

　　Hyundai Janice G90 has been listed in the European market, with a starting price of about RMB 520,000. In China, it will provide regular and executive extended models with a pre-sale price range of 718,000-1.188 million yuan, or it will be listed during the Chengdu Auto Show. The new car is equipped with a 3.5-liter V6 turbocharged engine and a 48-volt light mixing system, with a maximum power of 415 HP and a maximum torque of 549 Nm. It is matched with an 8-speed automatic manual transmission, and rear drive and full-time four-wheel drive systems are available.

　　As the flagship model of modern Janice, G90 has added many new elements while maintaining the family design concept. In particular, the diamond-shaped front grille on the front face and the unique double-striped headlight group are very recognizable. The taillight group also adopts a new design, which is not only beautiful in body lines, but also reflected in the design of the front and rear light groups.

　　L-shaped decorative strips make the center console layered, supplemented by metal decorative embellishment, which is more luxurious, while the four-seat layout of long-axis models also makes the rear row experience better. In the configuration part, Hyundai Jennisseth G90 will provide 23-speaker Bang&Olufsen audio, fragrance system, 8-inch rear center armrest screen, seat massage, rear dual-screen infotainment system, Genesis Active Safety Control driver assistance system, etc.

　　Equation Leopard Leopard 5

　　The positioning of Equation Leopard is between soaring and looking up, that is to say, the estimated price will be 400,000-600,000, and it will be unveiled at Chengdu Auto Show in August at the earliest, and the delivery will be started within the year. The first model, Leopard 5, has a Mercedes-Benz G-class, three front, middle and rear differential locks, a brand-new hybrid platform DM-o and Yunqi -p system, the maximum motor power exceeds 500kW, the comprehensive cruising range is 1200km, and the acceleration per 100 kilometers reaches 4 seconds. This is the strength of Equation Leopard.

　　The square shape of the whole vehicle is in line with the positioning of its hard-core SUV, and the ribs are full, which is quite domineering. Many blackened designs also make the new car more powerful. The new car is equipped with a roof rack, anti-scratch wheel eyebrows, external spare tires, etc., and the side of the car is equipped with a laser radar. It is expected that the driving assistance function will not be bad.

　　The interior styling of Leopard 5 is also very fresh. BYD’s iconic suspended central control panel is not absent. At the same time, it is equipped with a new electronic shift lever, and the rear is also equipped with crystal buttons. The car is full of mechanical sense, exquisite sense and beauty.

　　Yuanhang Y6

　　Yuanhang Automobile is a high-end intelligent new energy automobile brand under the Universiade Group. At the Shanghai Auto Show in April, Yuanhang Y6 has announced the pre-sale price of RMB 329,800-539,800, and will be officially listed at Chengdu Auto Show in 2023.

　　Yuanhang Y6 is divided into single-motor rear-drive version and dual-motor four-wheel drive version, with a total of five models. There are four options for battery life: 620km, 720km, 810km and 1020km, and it only takes half an hour to charge quickly. The design of the new car is basically the same, and the taste of new energy is not particularly prominent on the whole, so there is not much to be picky about. The wheel hub is available in 19 ",20" and 21 "according to different versions. The body size is 5270*2000*1500mm and the wheelbase is 3130mm. It is a large car.

　　Yuanhang H8

　　In addition to Y6, H8, which locates luxury large SUV, will also be listed at Chengdu Auto Show. The overall shape of H8 is more rounded, and even has a feeling of being cute. The pre-sale price is 349,800-559,800 yuan, which is also divided into single-motor rear-drive version and dual-motor four-wheel drive version, and five models are available.

　　The interior is designed in the same way as Yuanhang Y6, equipped with AliOS intelligent cockpit system and Qualcomm Snapdragon 8155 chip. More than 30 sensors in the whole vehicle also bring advanced intelligent driving system. And the four-wheel drive model also provides the whole car electric suction door and automatic door opening and closing, and the sense of technology is still in place. As for the endurance, the new car is available in 560km, 610km, 650km, 700km and 950km, and there are five endurance versions of five cars, which can be selected as needed.

　　The above-mentioned new cars are the models that will be unveiled or listed at Chengdu Auto Show. We will continue to pay attention to what other heavy new cars will appear at Chengdu Auto Show. (Photo and text: provided by Zhiji Automobile, Hyundai Janice, BYD and Yuanhang Automobile)