Wang Jianlin turbulent 30 days, crazy sale of assets, a total of nearly 7 billion yuan recovered funds

July has been a difficult month for Wang Jianlin. In the past month, Wang Jianlin and Wanda have frequently become the focus of public opinion due to a series of fire sale operations. Although the title of richest man has long been lost, the exposure has not diminished at all.

Wang Jianlin, chairperson of Wanda Group, sold his assets three times in a row under financial pressure, recovering a total of nearly 7 billion yuan. These assets include Wanda Film and Beijing Wanda Investment, and the transfer price is lower than the market price.

Wang Jianlin has sold assets three times in a row:

On July 10, Wanda Investment and Ms. Lu Lili signed the "Share Transfer Agreement". Wanda Investment transferred its shares of Wanda Film 180 million to Lu Lili, accounting for 8.26% of the company’s total share capital. The transfer price was 12.07 yuan/share, involving an amount of 2.173 billion yuan.

On July 17, Wanda Investment and its concerted action Shanxian Rongzhi signed the "Share Transfer Agreement", Wanda Investment transferred its holding of Wanda Film 177 million shares to Shanxian Rongzhi, accounting for 8.14% of the company’s total share capital, and the transfer price was 13.17 yuan/share, involving an amount of 2.331 billion yuan.

On July 23, China Ruyi announced that Shanghai Ruyi, a wholly-owned subsidiary of the company, acquired 49% of the shares of Beijing Wanda Investment Co., Ltd. (referred to as "Wanda Cultural Industry Group") held by Beijing Wanda Cultural Industry Group Co., Ltd. (referred to as "Wanda Investment") at a transaction price of 2.26 billion yuan.

After the transfer, Wanda Investment will be held 49.8% by Wanda Cultural Industry Group, 49% by Shanghai Ruyi, and 1.2% by Wang Jianlin. Wanda Investment is the controlling shareholder of listed platform Wanda Film, holding 20% of its shares. After the change of rights and interests is completed, Shanghai Ruyi indirectly holds a 9.8% stake in Wanda Film through Wanda Investment.

Transferring assets can only ease Wanda’s current cash flow problems. S & P pointed out that Wanda Commercial will face huge repayment pressure in the next 12 months.

According to public information, the current Wanda commercial management of 11 surviving bonds, the scale of 10.766 billion yuan, of which the scale of maturity within one year is 1.348 billion yuan. In terms of US dollar bonds, the current Wanda commercial management of 4 US dollar bonds, the scale of survival 1.70 billion US dollars, two of which total 1 billion US dollar bonds will mature within one year.

Industry insiders believe that the biggest risk for Wanda at present is whether it can go public. If Zhuhai Wanda Commercial Management cannot go public by December this year, according to the gambling agreement, Wanda will not only have to redeem 38 billion yuan, but also pay 12% interest. "

At present, China Chengxin International, Fitch, Moody’s and S & P have successively adjusted the rating of the joint stock company of Dalian Wanda Commercial Management Group.

In response, Wanda Commercial Management Group responded that the company’s operations are stable and its profitability is good. The company will strictly abide by the provisions and requirements of relevant laws and regulations, earnestly fulfill its information disclosure obligations, and remind investors of relevant risks on relevant matters.

Meituan plans to buy back shares up to $1 billion

On November 29, Meituan announced that since December 1, it plans to buy back the company’s shares with a total amount of no more than 1 billion US dollars.

Meituan believes that the share repurchase demonstrates the company’s confidence in its business outlook and prospects. The board believes that the company’s existing financial resources are sufficient to support the share repurchase while maintaining a sound financial position.

According to Meituan’s latest third quarter results announcement for 2023, the company’s quarterly revenue was 76.50 billion yuan, an increase of 22.1% year-on-year; adjusted profit was 5.73 billion yuan, an increase of 62.4% year-on-year.

Editor, Li Yan

Proofreading, Liu Baoqing

"China Star Jump" helps diving rookie counterattack professional players


Click to watch more video highlights of Star Jump > >



Killer took off handstand.



Xing Aowei takes off.



Gao Hu’s Flying Swallow Action


  Zhejiang Satellite TV’s large-scale charity star diving reality show "China Star Jump", since last week’s transfer to the semi-finals of the master’s tricks, the overall difficulty of the players’ jumping has improved, and the difficulty of the movements has erupted collectively. Especially in Gao Hu and Killer, two "high-platform kings" jumped out of the amazing professional-level movements. Killer took out the difficult movement of 611A handstand and somersaulted forward for half a week in the first jump, and then challenged the highest difficulty 202A of the 10-meter platform since the launch of the diving program, while Gao Hu 302C’s perfect jump of reflexively somersaulted and hugged her knees for one week, which was praised by Olympic champion Li Na, a substitute judge, as "the height that professional athletes can only reach after practicing for one year". This week’s second semi-final is still full of experts, especially Xing Aowei, the Olympic gymnastics champion of cross-border diving, who created a dazzling 720-degree somersault and a 180-degree twist against the sky in the preliminary round. The semi-final will continue to carry forward the spirit of innovation and threatened to "jump the diving action of the next Olympic Games" if he advanced to the final.


  Killer, Xing Aowei and Gao Hu, who are also non-professional divers, have turned from inexperienced diving novices to almost professional ones. Their respective advantages of "being in harmony with the right time and the right people" are prominent, which is an important weight for their successful breakthrough and the secret behind their successful counterattack.


  Location: Gao Hu grew up facing the sea, and his childhood "plunge" warmed up and dived.


  Gao Hu is the "king of the platform" among the contestants. He not only won the 10m platform at the fastest speed in training, but also was the first person in the competition. In addition to the courage and boldness of "being too high to be happy", Gao Hu showed an amazing and perfect swallow in the preliminary round, and the difficulty of the action was also upgraded all the way. Especially in the last semi-final, Gao Hu 302C made a perfect jump by doing a reverse somersault and holding her knees for a week. Even Olympic champion judge Li Na praised this as "the height that professional players can only reach after practicing for one year". He also relied on this difficult and perfect jump to sit firmly on the spot and advance directly to the final without any suspense.


  The reason why Gao Hu achieved such amazing diving attainments in a short time can be said to be due to the "geographical advantage" occupied since childhood. He is a native of Qingdao, and the urban environment surrounded by the sea on three sides gives Gao Hu a unique advantage before diving. According to Gao Hu himself, "I grew up facing the sea, and I have a deep plot about water. My whole family likes swimming very much, so I have been moving freely in the water since I was three or four years old". According to Gao Hu’s recollection, there are many hills and rocks in his hometown near Qingdao. When he was a child, he was bold. He often avoided his parents’ attention with his friends and jumped from the rocks to the water for excitement. Although the equipment was rudimentary and there was no technical content, his childhood experience was similar to that of today’s diving, especially because he learned Gao Hu’s boldness. It is no wonder that he was able to walk calmly on the 10-meter platform on the first day of training. He once said that "I am not afraid of heights at all and like to challenge the limits." Gao Hu, who has excellent water quality, also revealed that he had passed the diving certificate when he traveled to Palau.


  In addition, Gao Hu is also a sportsman. He likes to play volleyball since he was a child. He is the leader of the school volleyball team. He has participated in many municipal competitions with the team, and volleyball has also trained Gao Hu’s good arm strength.


  Timing: Killer was born with good gene dance skills and was born with boldness.


  Killer has been called "Zhang Dadan" since she entered the competition. In the preliminary competition, she was the first woman on the 10m platform, which was as famous as Gao Hu. In the semi-finals, she was even more powerful, with two consecutive jumps. The first jump of 611A turned upside down for half a week, becoming the first woman to use platform handstand, while the second jump of 202A turned backwards for a week, which was the highest difficulty since the diving program was launched.


  The reason why Killer dives so well can be said that she won at the starting line because of her favorable weather and natural genes. Killer’s mother is a dance teacher, and her innate motor genes, coupled with the super-high physical flexibility of practicing dance since childhood, give her obvious advantages in diving. In addition, Killer, who is bold by nature, also said that he was particularly love the water and liked swimming since childhood. This boldness surprised everyone when Killer walked into the diving hall for the first time, and immediately won the 10m platform, giving the competitors a modest "duel". In a daily training, the diving hall was suddenly cut off due to an accident, and it was suddenly plunged into darkness. At that time, the staff and players present, especially the girls, screamed with fear and scrambled to climb ashore from the water. At that time, Killer, who was on the shore, jumped into the water and swam in the dark diving hall, exclaiming that "such an opportunity is too rare, swimming in the dark is very exciting", which attracted Gao Hu present to be outdone and jumped into the water.


  People and Peace: Coach Xing Aowei and the judges all found that small gymnastics and diving are connected.


  As the Olympic champion of gymnastics, Xing Aowei still can’t hide the champion’s potential in cross-border diving. In addition to his amazing jump in the preliminary round, he let the audience see the high platform handstand for the first time, and even created a dazzling "anti-heaven" action in the second jump: 720-degree somersault and 180-degree turn, which caused a full house of applause. This action is even more created by Xing Aowei. In the semi-finals, he said that he would continue to carry forward the spirit of innovation, and he confidently threatened to "jump the diving action of the next Olympic Games" if he could advance to the final.


  Xing Aowei has the highest starting line among all the players. As a gymnast of the national gymnastics team and an Olympic gold medal champion, he stood out among all the players from the first day of training. The national diving team and the gymnastics team are veritable neighbors. They used to practice in the same training hall. Therefore, many national diving team members and Xing Aowei have been good friends since childhood, including Li Na, the world diving champion who is the coach in this competition. Therefore, Xing Aowei has no pressure and a sense of formality in the training process. Although gymnastics and diving are two completely different sports, they have a lot in common, especially turning and tumbling, which is why Li Xiaopeng of Prince of gymnastics was specially invited to the jury, and Li Xiaopeng’s position was to comment on diving from a semi-professional perspective. Xing Aowei and Li Xiaopeng are both Olympic champions. Since Li Xiaopeng can be a judge, it can be seen that Xing Aowei’s starting line is high, and their teammates, especially good brothers, let him score in the judges’ scoring.


  Pay more attention to "China Star Jump" official website: http://www.zjstv.com/splash


 

Xi’an illegal online car-hailing platform was removed from the shelves, in the end who will supervise the navigation software aggregation taxi function?

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  Western Network News (reporter, Liu Wang) Do you dare to take a ride on an online car without the approval of the competent authorities? Recently, a navigation software removed a number of unapproved online car-hailing platforms in Xi’an overnight. Why were these online car-hailing platforms removed? Western Network reporters conducted an investigation.

  Several ride-hailing platforms were removed from the Autonavi aggregation page

  Is it difficult to take a taxi during peak hours? Use the Autonavi map to take a taxi. You can call multiple online car-hailing platforms with one click, but in the past two days, many friends who are used to taking a taxi through navigation software have found that the original taxi aggregation page, "Sunshine Travel", "Proper E Line", "Timely Car Use", "An’an Car Use", "Ctrip Car Use", "AA Travel" and other online car-hailing platforms have disappeared. What remains are the four online car-hailing platforms that have obtained the online car-hailing license in Xi’an.

  Several drivers who had registered on these online ride-hailing platforms told reporters that the online ride-hailing driver port they used issued a notice to them. The notice said that in order to cooperate with the work of Xi’an city regulators, the Xi’an navigation software taxi business was offline from the evening of October 11. Later, the reporter called the Autonavi map taxi line, and the operator told the reporter that the reason why these online ride-hailing cars could not be found was because "there are no cars nearby."

  Some travel platforms such as "Sunshine Travel" confirmed to the Western Network reporter that on the Autonavi map, the entire Xi’an city does not have its own brand of online car-hailing. The competent authority confirmed to the Western Network reporter that Xi’an has indeed requested the removal of online car-hailing platforms that have not obtained service licenses.

  Drivers are not happy, passengers complain service can not keep up

  The way navigation software aggregates illegal online car-hailing platforms has long caused dissatisfaction among some legal online car-hailing drivers in Xi’an. A driver, Master Chen, complained to the Western Network reporter that he spent time participating in the training of online car-hailing drivers and paid a high price to buy vehicles that meet safety standards before obtaining the qualification for quasi-transportation. Drivers of these illegal platforms do not need it. In essence, this is an infringement of illegal operations on legitimate operations.

  In addition to drivers in the same industry, the "taxi-hailing" aggregation taxi platform has also been dissatisfied by passengers. According to local media reports, Ms. Chu, a resident of Xi’an, had such an experience. "After calling a car, the car experience is not very good. The in-car environment and driver service can’t keep up." Ms. Chu said that she used the Autonavi map ride-hailing function to call a BYD car through an unnamed online ride-hailing platform. The environment and hygiene in the car are not good, and the driver service is not very professional.

  Map navigation software aggregation network car-hailing platform, who should supervise it?

  In fact, there are already signs that the navigation software has been removed from the shelves of many online car-hailing entrances in Xi’an. On June 20 this year, Autonavi Map was "discussed" by the management department because the freight of the cruise car was much higher than the freight of the online car-hailing car, and the unauthorized online car-hailing platform was listed on the shelves. The management department asked Autonavi Group to immediately correct the wrong freight information of the cruise car and immediately remove the unauthorized online car-hailing platform. The relevant person in charge of Autonavi Group also promised to remove the unauthorized online car-hailing platform.

  And people familiar with the matter also revealed that the reason why they "discussed" with Autonavi maps instead of "interviewing" is precisely because the behavior of Autonavi map aggregation network car-hailing is difficult to characterize. In our country, the main responsibility for safe production is borne by enterprises, and the online car-hailing platform is responsible for passengers. Autonavi maps provide the entrance to illegal online car-hailing platforms. In the event of an unsafe accident, does Autonavi map also need to be held responsible? If it needs to be held responsible, is it administrative law enforcement by the surveying and mapping department or the transportation department? On these two issues, there are still legal gaps in local supervision.

  Reporters found that although the aggregation page of Autonavi maps removed these unapproved online car-hailing platforms, Baidu maps and Ctrip trips can still be searched for online car-hailing platforms such as "Sunshine Travel" and "Ctrip Travel" that have not been approved by the competent authorities.

2021 Chengdu Auto Show opened; The performance of independent brands is bright.

Traffic information is broadcast every day, and at twelve o’clock in traffic, you can sort out the traffic and car information you need every day to protect your safe travel. Today’s main traffic information includes: Several Opinions on Promoting the Modernization Reform of Civil Aviation Statistics issued by the Civil Aviation Administration, blood donation organized by Shihuang Branch to help volunteer service, and the upgrade package of "5G Dana Intelligent Music Cockpit" added by Han EV flagship … Let’s learn about today’s traffic and automobile events!

First, traffic hotspots

The Civil Aviation Administration issued "Several Opinions on Promoting the Modernization Reform of Civil Aviation Statistics"

Recently, the Civil Aviation Administration issued "Several Opinions on Promoting the Modernization Reform of Civil Aviation Statistics". The development goal put forward is that by 2025, a modern civil aviation statistical system will be initially formed, the statistical investigation system will be more sound, the statistical methods and means will be more scientific, the statistical analysis services will be better, and the statistical system and mechanism will be more perfect. Looking forward to 2035, the modern civil aviation statistical system will be fully established, and the modernization of civil aviation statistical investigation system, methods and means, analysis service and governance capacity will be basically realized.

Second, Hebei Expressway Express

August 30 [Hebei Expressway Road Conditions] Today, the weather turned cloudy to thunderstorms. Shijiazhuang City, Handan City, Langfang City, Tangshan City, Cangzhou City, Qinhuangdao City, Baoding City, Dingzhou City: the limit number is 1 and 6. Beijing: Limit the tail numbers 1 and 6. (The measures to limit the number of counties and cities under the jurisdiction of restricted cities shall be subject to the release of the local traffic control department. )

Huangshi Expressway (G1811): Shitai section of Qingyin/Huangshi Expressway: The underpass of Nanxincheng Station was closed in both directions due to the construction at K318+233 to K318+700.

Taihang Mountain Expressway (S75): Xing-Han section of Taihang Mountain Expressway: Due to the heavy traffic, the two-way vehicles at K44+293 on the upper crossing of Xingtai West Station slowly pass for about 1km.

Shihuang Branch: Organize voluntary blood donation to help volunteer service.

Shihuang Branch combined voluntary service with the activity of "I do practical things for the masses", and organized the staff of headquarters and grass-roots units to carry out voluntary blood donation activities in sections in late August.

Before blood donation, the branch company made careful arrangements, actively publicized and created an atmosphere, initiated blood donation initiatives to employees, and informed them of blood donation instructions. When donating blood, everyone strictly follows the relevant regulations on epidemic prevention and control and unpaid blood donation. Under the guidance of blood station staff, check the health code itinerary, registration information, physical examination, blood test and blood donation, and the well is orderly and orderly. A total of 62 people in the branch signed up for blood donation activities, and 39 people donated blood successfully, donating a total of 12,600 ml of blood, which contributed to the society.

It is reported that since the blood donation activity was launched in 2016, Shihuang Branch has always adhered to the concept of "dedication and service" and organized more than 400 blood donations, which fully demonstrated the spirit of the branch as a "provincial civilized unit".

Third, traffic control traffic police

Traffic Police: bike-sharing enterprises express their condolences to the frontline traffic police and work together to build civilized traffic.

On the afternoon of August 26th, organized by China Communications Broadcasting Hebei Frequency FM101.2, representatives of Shijiazhuang Branch of Hellobike came to the traffic police squadrons in all districts of the provincial capital with caring materials to pay tribute to the traffic police comrades who have been struggling in the front line to maintain the traffic order in the provincial capital, thanking them for their hard work in traffic construction in the provincial capital, and hoping to actively undertake corporate social responsibility and create a more orderly, healthy and green travel environment for the provincial capital citizens by continuing to join hands with the traffic police on duty.

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Hellobike donated 120 sets of daily necessities and 4,000 medical epidemic prevention surgical masks to squadrons in Qiaoxi, Xinhua, Yuhua and Chang ‘an. Zhu Lingling, the administrative manager of Hellobike Shijiazhuang Branch, said, "We are well aware of the hardships of front-line traffic police on duty, and thank them for sticking to their posts all the time. I hope that the materials sent can represent the concern and gratitude of all employees in Harbin to the provincial traffic police, and I also hope that they will not forget to take care of themselves when working."

Fourth, industry focus

Han EV flagship push "5G Dana Intelligent Music Cockpit" upgrade package

On August 29th, 2021, BYD brought DiLink4.0(5G) and the "5G Dana Intelligent Music Cockpit" upgrade package for the flagship of Han EV four-wheel drive high-performance version, which was officially listed at Chengdu Auto Show. The upgrade package of "5G Dana Intelligent Music Cockpit" includes four major upgrades: 5G Quick Link, HiFi customized Dana Audio, DiLink4.0(5G) and dual-frequency positioning navigation technology, and the price is 18,000 yuan. Before December 31st, users who purchase the flagship model of Han EV will be offered an upgrade package for a limited time of only 8,000 yuan, and will be given a 5G VIP listening package.

As the flagship car of China New Energy, BYD Han adheres to the concept of "customer first", constantly explores a new realm of intelligent luxury with leading technology, and continuously refreshes the user experience through functional iteration and configuration upgrade. The upgrade package of "5G Dynabar Intelligent Music Cockpit" is fully upgraded in communication technology, car audio, human-computer interaction and navigation technology, which will bring users a more intelligent and luxurious high-end experience and let users enjoy the most fashionable and fashionable smart car life.

The pre-sale is 102,900-140,900 yuan, and the Jietu X90 PLUS Chengdu Auto Show opens for pre-sale.

On August 29th, 2021, Chengdu Auto Show was grandly opened. Jetway Auto made its debut as an independent brand in the four domestic A-class auto shows, and launched the pre-sale of Jetway X90PLUS on the first day of the auto show, with a pre-sale price of 102,900-140,900 yuan.

At this auto show, Jietu X90 PLUS brought two power versions of 1.5T and 1.6TGDI, covering five models of houses, mansions, courtyards, villas and manors. From the name, we can see the intention of Jietu X90 PLUS in creating space and comfort.

Changan Auchan X7PLUS pre-sold 7.99-135,900 yuan and pushed 7 times as a popular gift.

On August 27th, Changan Auchan X7PLUS officially opened the global pre-sale, with an official pre-sale price of 79,900-135,900 yuan. The new car comes standard with a new generation of Blue Whale NE series engines, and there are 9 models with 1.5T+6MT and 1.5T+7DCT power combinations, as well as up to 6 body colors for users to choose from. Together with the pre-sale price, there is also the customer’s car booking rights of "7-fold popular gifts", which brings an ultra-high-value car buying experience far beyond users’ expectations.

As the first flagship PLUS model of Auchan Automobile, Changan Auchan X7PLUS has achieved advanced strength in five aspects: power, intelligence, face value, space and quality, and redefined the best choice of "150,000-class SUV" with the high-value configuration of "five leading industries, five leading peers, five pioneering industries and five standard systems".

57 leapfrog configurations, listed in Shijiazhuang, the 4th generation Emgrand of Geely.

On August 28th, "Emgrand, Walk with the Upward" Geely’s 4th generation Emgrand BMA champion car was officially launched in Shijiazhuang. This new car has launched four models with 1.5L-5MT and 1.5L-8CVT, and the official guide price is 69,900-88,900 yuan.

As the first car of Emgrand family born in BMA architecture, the 4th generation Emgrand has more beautiful body, more space, better comfort, more stable handling, higher quality and stronger technology, and it is advanced in all dimensions in terms of modeling, space, power, quality, technology and safety. The new car is equipped with 13 first configurations of the same class, 16 unique configurations of the same class and 28 leading configurations of the same class. It can be called a car with the highest quality-price ratio and the strongest sense of science and technology of 60,000-80,000 yuan.

Chaodong Rongcheng Great Wall Motor bombed the 2021 Chengdu Auto Show with five brands.

On August 29th, the 24th Chengdu International Automobile Exhibition officially opened. Great Wall Motor’s five vehicle brands, Haval, Tank, Wei Brand, Euler and Great Wall pickup truck, were assembled and debuted, and 12 new models were unveiled, demonstrating the new strength of global technology travel companies.

At the auto show, the booth of Great Wall Motor was bursting with popularity, and the users of the exhibition were bustling, moving Rongcheng with boiling posture.

Five, enjoy the book-today’s good book recommendation: "Wind and rain" edited by Liu Jianhui

Content introduction:This book closely follows the theme of seeking truth from facts and keeping pace with the times. From the perspective of the the Communist Party of China (CPC) Party Congress, it reviews and summarizes the glorious history and fine style of the Party, explores the reasons for the continuous development and growth of the Party, summarizes the valuable ruling experience accumulated by the Party for a long time, and focuses on the important significance of the previous party congresses in the political, economic and social development of China, as well as the international and domestic background and the influence on the historical process of China, highlighting the status and role of the previous party congresses.

Ask the world M7 half a year sales over 100,000 units: pressure ideal L7 won China’s new power sales crown

Fast Technology News on June 18, the latest data released by Qjie Automobile shows that,From January 1st to June 16th, the new M7 sold 100,900 units, topping the top 1 sales list of new power models in the Chinese market.Become the first new power model to exceed 100,000 sales in 2024.

The recently released 2024 China New Power Model Sales List includes statistics on the sales of new power models from January to June this year.

The list shows that as of June 9,The annual cumulative sales of the new M7 series models have reached 96,500 units, and the cliff-type leading ideal L7, polar krypton 001 and other new power models have won the first half of 2024 China’s new power sales crown.

Ask the world M7 half a year sales over 100,000 units: pressure ideal L7 won China's new power sales crown

At the same time, the newly upgraded "National SUV" asked Jiexin M7 Ultra, with deliveries exceeding 4,349 units in the first week of listing, setting a new power model delivery record in China.

Other models in the list, the ideal L7 ranked second with 56,600 vehicles; the polar krypton 001 ranked third for 42,000 vehicles.

This is also equivalent to,The sales of the new M7 in the world have almost reached the sum of the second and third place, indicating the leading advantage of the new M7 in the world.

It is reported that the new M7 Ultra was launched on May 31, with a total of four models, priced at 28.98-32 9,800 yuan.

The new car is equipped with Huawei’s latest 192-line lidar (the same model as the M9) as standard, which is currently the highest number of line lidar in mass production. With Huawei’s mature ADS 2.0 high-end intelligent driving, there are few competitors in the same level of intelligent driving experience.

And ask the new M7 Ultra’s 35,000 yuan limited-time car purchase rights will end on June 30. It is expected that by the end of June, the order volume of the new M7 will have a big outbreak.

Ask the world M7 half a year sales over 100,000 units: pressure ideal L7 won China's new power sales crown

Science and Technology Weekly | 360 released Zhinao 4.0 Weilai reduced the price by 30,000.

Industrial trends

  01 360 released Zhinao 4.0, which has the ability of cross-modal generation.

  On June 13th, 360 Company held the application conference of 360 Zhinao Big Model, the cognitive general big model "360 Zhinao 4.0" was unveiled, and the 360AI digital man was officially released.

  In addition, Zhou Hongyi said that the key to overtaking China’s self-developed large model curve in the GPT era is to develop multi-modes. 360 Zhinao has the ability of cross-modal generation, and has the ability of text, image, voice and video processing, which can be applied to scenes such as Wensheng map, Wensheng map and Wensheng video. At the same time, 360AI Digital People Square was released, providing more than 200 roles, including digital celebrities, digital employees and other categories.

  At the meeting, the multi-modal function of 360 Zhinao "Wensheng Video" was first launched in China, and any text script can generate video, which is not limited by professional skills and materials, showing the ability of "making something out of nothing".

  Zhou Hongyi said that the core innovation of 360 in the big model lies in AI digital people, and digital people are the future.The most important application entrance of large model. 360 will redefine "digital people" based on the ability of 360 wisdom brain model. Different from traditional digital people who can only output content according to established scripts, 360AI digital people are characterized by having memories, people’s designs and personalities, and being able to reproduce their way of thinking and life experiences.

  02 can generate video with one click, and Gen2 is open for free trial.

  Recently, Runway, which is known as the video version of Midjourney and provides technical support for Stable Diffusion and Instant Universe, has developed an AI video editing tool Gen, which has been upgraded from the first generation in February to the second generation, and has been officially released from internal testing.

  In February of this year, Runway released a model named Gen-1, which can transform an existing video into a new video by applying any style specified by text prompts or reference images.

  Just over a month later, Runway officially released the more powerful Gen-2 on March 20th, completing the transformation from "editing existing videos" to "Wensheng videos", and providing multiple functions such as text+reference images to generate videos, still pictures to videos, and video style migration. Now, after the internal test in March, Gen2 finally opened a free trial-although the video it generated is only 4 seconds at present, and it has a total usage quota of 105 seconds.

  In terms of pricing, the standard edition member of Gen2 is 15 dollars/month, the Pro edition member is 35 dollars/month, and the annual membership can get 20% discount.

  According to reports, Twitter user Steve Mills has experienced its potential ability to generate MV in the Gen-2 beta. This user generated a total of about 500 seconds of video, and finally edited it into a 140-second MV.

  The author estimates that the whole production will cost at least $30 at the price of the public version. Coupled with the previous study and exploration stage, this price will be higher.

  Cristóbal Valenzuela, CEO and co-founder of Runway, once said when Gen-1 was released: "We have witnessed the explosion of image generation model, and I firmly believe that 2023 will be a year of video generation model."

  Chatgpt update, which can generate visual animation with one click.

  On June 13th, local time, OpenAI announced a major update to its large-scale language model API (including GPT-4 and GPT-3.5-turbo), including adding function calling function and reducing the use cost. After updating, the cost of embedded model is reduced by 75%, and the tokens input length of GPT-3.5-turbo is extended to 16,000.

  Since the end of March, ChatGPT update announced the launch of plug-in function, the number of third-party plug-ins has increased from 10 to more than 70. With the support of these plug-ins, ChatGPT can not only generate web pages and help users find jobs, but also visualize data directly according to their needs. ……

  At present, the new version of the model has gradually begun to iterate. The latest versions of gpt-4-0613, gpt-3.5-turbo-0613 and gpt-4-32k-0613 with extended context length all support function calls. Gpt-3.5-turbo-16k does not support function calls, and provides four times the context length, which means that one request can support about 20 pages of text.

  In addition, the old model began to be gradually abandoned. Applications using the initial version of gpt-3.5-turbo and gpt-4 will be automatically upgraded to the new version on June 27th. Developers who need more time to transition can also manually specify to continue using the old version, but all requests for the old version will be completely abandoned after September 13th.

  04 Nature refuses to post the generated pictures and videos.

  On June 13th, local time, Nature magazine announced in an editorial that in order to ensure the integrity, transparency and morality of the research, no pictures, videos or illustrations created by using generative AI tools will be published, unless they are articles related to artificial intelligence.

  However, Nature does not completely exclude artificial intelligence. The magazine still allows the use of text generated by generative artificial intelligence in articles, as long as it is clearly stated in the method or acknowledgment section. In addition, all sources of data, even data generated with the assistance of artificial intelligence, must be provided by the author. However, Nature firmly refuses to accept any generative artificial intelligence tool as the author of the paper.

···

Frontiers of science and technology

  01 Meta Releases the First Humanoid Model

  Meta announced on June 13th local time that it will open some components of a new "humanoid" artificial intelligence model to researchers, which can analyze and complete unfinished images more accurately than existing models.

  This model is called I-JEPA, which uses the background knowledge of the world to fill in the missing parts of the image, instead of inferring only from nearby pixels like other generative artificial intelligence models. This method adopts the humanoid reasoning method advocated by Yann LeCun, the chief artificial intelligence scientist of Meta Company, which helps to avoid the common mistakes in the image generated by artificial intelligence, such as the problem of having an extra finger.

  Zuckerberg, CEO of Meta, said that sharing the model developed by Meta with other researchers can help the company promote innovation, find security vulnerabilities and reduce costs. He told investors in April this year: "For us, if the industry standardizes the basic tools we are using, then we can benefit from the improvement of others."

  02 DeepMind releases new AI system to discover faster algorithms.

  Researchers at Google DeepMind, an AI research laboratory owned by Alphabet (GOOG), released a new AI system on Wednesday, which can improve the efficiency and sustainability of computing.

  DeepMind said that this latest breakthrough, published in the scientific journal Nature, focuses on finding faster computer algorithms. The computer algorithm isThe foundation is used by enterprises for trillions of times every day.

  This AI lab in London is famous for pioneering AI models, such as AlphaFold and mastering complex Go.AlphaGo, which named its new AI system AlphaDev. Based on AlphaZero (iteration of AlphaGo), the system uses reinforcement learning to find faster algorithms for computer science functions such as sorting and hashing. Reinforcement learning is a form of machine learning, in which computers learn and make their own strategies.

  Colin Murdoch, chief business officer of DeepMind, said, "This means that we can use fewer resources to do the same amount of calculations."

···

Traffic driving

  01 Huawei won the trademark "Wen Jie" and intended to build a car alone?

  Trademark electronicsThe system shows that a total of 21 applications for trademark transfer of "Wenjie" have been approved. The transferor is Beijing Yongan Shida Trade Co., Ltd. and Beijing Kechuang Huida Trade Co., Ltd., and the transferee is Huawei Technologies Co., Ltd. The receipt time of the transfer application is March 7 and 8 this year.

  The specific categories of trademarks involve categories 12, 9, 7, 39, 37, 42, 2, 35, 3, 4, 16, 38, 11, 1, 5, 21, 27 and 41, of which categories 12 and 9 respectively represent automobiles and vehicles, electronic products and scientific instruments.

  According to the first financial report, Huawei responded that "Huawei does not build cars alone, but builds good cars with car companies" has not changed.

  In addition, according to the science and technology innovation board Daily, the successful transfer of the trademark "Wen Jie" by Huawei means that Huawei will have the dominant position in the trademark, and it will become the unified brand name of Huawei’s intelligent car selection model in the future.

  02 The price of the whole department was reduced by 30,000 yuan, and the price of ES8 fell below 500,000 yuan.

  On June 12th, Auto (hereinafter referred to as "") announced that it would adjust the price of all new cars, and the starting price of all models of the company was reduced by 30,000 yuan.

  After adjustment, the starting price of ET5 fell below 300,000 yuan to 298,000 yuan; The brand-new ES6 just listed in May this year also dropped to 338,000 yuan, and the price of the brand-new ES8 launched at the end of last year also fell below 500,000 yuan.

  This adjustment is not limited to the price, and the car rights of Weilai users have also been lowered.

  Specifically, the rights and interests of the first owner of a new car purchase user are adjusted to a 6-year or 150,000-kilometer warranty for the whole vehicle, of which the three-power system can enjoy a 10-year unlimited mileage warranty; Free power exchange will no longer be used as the basic car rights, users can choose to pay a single fee for power exchange, and then a flexible power supply package will be launched.

  For the users who have already picked up the car, Weilai promises that the rights and interests of the first car owner will remain unchanged. At the same time, when buying a new car from Weilai, the old users can choose to transfer the car rights of the original car to the new car, or choose to give up their car rights to deduct the car purchase price of 30,000-50,000 yuan. Li Bin, CEO of the company, explained that the old users can choose to give up their rights when buying a new car, which means that they can get 60,000-80,000 yuan cheaper.

Global gun! The global version of the pickup truck for the Great Wall Gun is on the market!

[One and one new car listed] On March 12th, the global version of the Great Wall Gun (parameter picture) passenger pickup truck was officially listed. The global version of the Great Wall gun pickup truck listed this time has a total of eight configurations. As a "Chinese high-end pickup truck" that Great Wall is committed to building, the global version of the Great Wall gun pickup truck has been fully armed with ultra-new concepts and ultra-high standards.

The global version of the pickup truck for the Great Wall Artillery is 5410*1934*1886(mm), the container size is 1520*1520*540(mm) and the wheelbase is 3230mm. Although the size is slightly smaller than other models, the container size and wheelbase are still the best in the same class. Not only does it perform well in size, but the global version of the Great Wall gun pickup truck also has 18-inch aluminum alloy wheels, and the visual effect is amazing. There are eight kinds of vehicle color matching options, and there are three kinds of shapes of rain shelter that can be customized, which can meet diversified car scenes and needs while pursuing individuality.

In terms of appearance, compared with the cash, the global version of the pickup truck for the Great Wall gun has only changed the middle net, logo and the lower trim panel of the front bumper, turning the style of the middle net into a wide horizontal bar with a more international style and strength, and at the same time, the logo has been further increased, highlighting domineering and increasing the sense of fashion. Headlights use high-brightness LED lights, and the Hawkeye Smart Headlights Group does not lack the configuration that all smart headlights should have. The only standard advanced privacy glass in the same class that can filter 98% ultraviolet rays also shows high-end. This is also an important step for the Great Wall to create a high-end pickup truck style in China.

The interior parts have changed greatly. While maintaining the same color matching of all black/black brown interiors as the current ones, the central control panel, dashboard trim panel, sub-dashboard central control panel, seat texture and door trim panel of the global version of the pickup truck for the Great Wall Gun have all been upgraded in luxury and grade.

Of course, on the one hand, this upgrade is to increase practicality and comfort, on the other hand, it is also to continuously enhance the freshness of the market and enhance the product strength to maintain the leading edge. However, the interior of the global version of the pickup truck for the Great Wall Gun is indeed more advanced than the cash.

By the way, the global version of the pickup truck for the Great Wall cannon adopts deep-sea mute, and optimizes the wind resistance, which is quieter and quieter. The 808*402(mm) Webasto high-quality skylight equipped with the global version of the pickup truck for the Great Wall Gun has an area of 0.32 square meters, which is not only unique in the same class, but also the first match of pickup truck models, and also supports one-button opening.

In terms of other configurations, the global version of the pickup truck for the Great Wall cannon provides flat-cover canopy, high-cover canopy and roof rack for consumers to choose from, and the car also adopts a brand-new UI interface, which enhances the sense of interaction. The seat also adds front and rear seat heating and front seat ventilation, which is more friendly to passengers. The rear elbow pillow, cup holder, wireless charging and electric side pedal also improve the quality from the details, which is both face-saving and more comfortable.

In terms of power, the global version of the pickup truck for the Great Wall Gun provides two engines to choose from. One is a 2.0T diesel engine with a maximum power of 120kW and a maximum torque of 400N·m, and the other is a 2.0T gasoline engine with a maximum power of 140kW and a maximum torque of 360N·m, both of which match the ZF 8AT gearbox. And there are three modes to choose from: economy, standard and sport, plus the two-speed TOD intelligent four-wheel drive system, which can easily cope with various road conditions and still have good fuel consumption performance.

In addition, the global version of the pickup truck for the Great Wall Artillery uses a non-load-bearing body and a five-link rear suspension, which is not only comfortable but also more stable. It is also blessed by the Eaton differential lock, which greatly enhances the confidence of driving in the field. Approach angle of 29.8 degrees, departure angle of 25 degrees, wading depth of 500mm, even if the off-road capability is inferior to that of professional off-road vehicles, at least you can ignore the gullies and ridges of most wild forests.

Not only the hardware, but also the global version of the pickup truck for the Great Wall Gun is equipped with L2-class automatic driving and 360-degree look around. The body adopts a high-strength cage body and is equipped with 6 airbags. The intelligent field is equipped with active and passive safety functions such as AEB, ACC, TSR, LCA, DOW, etc., and with many intelligent driving AIDS, it is definitely an advanced pickup truck from hardware to technology to teeth.

Summary:

From the perspective of global pickup trucks, the Global Edition of the Great Wall Artillery Pickup Truck is committed to building Chinese high-end pickup trucks, which are in line with the world-famous global pickup truck models such as Ford F150, Toyota Smooth Road and Dodge RAM, and incorporate the characteristics of China with high configuration and low price. Not only in terms of functional control, loading and passability, but also the driving experience has reached or even surpassed some SUV models. Such a pickup truck model that is full of personality and more inclined to ride experience will certainly be welcomed by consumers. At the same time, it is hoped that domestic pickup trucks will rank among the first-class pickup trucks in the world, so that the whole world can drive high-profile pickup trucks in the East.

Byd Han installed a driving recorder, and the original car ETC reserved an interface to get electricity, with a location map and parking monitoring function.

The reserved interface of Han series vehicles is in the black shell at the front. The ETC reserved interface can be used for installing driving recorder or ETC equipment. Most people may not know where the reserved interface is. Please share the installation steps and effects of Kailude C1 driving recorder. Just plug in the ETC interface of the original vehicle. This is a two-in-one interface, which does not affect the installation of ETC. Attach a location map.

The installation steps are simple, and the most important thing is to find the reserved interface. Using the crowbar tool, the back shell can be well removed. First, pry the small middle cover from top to bottom and take it down by hand, and then directly take down the pried gaps on the left and right sides of the big shell, so that the reserved interface position can be directly seen.

Kailude C1 driving recorder, the mold corresponding to the vehicle model, and the original one-in-two ETC power plug, crowbar tools, etc.

The model can watch videos on the mobile APP, and the video can also be watched on the big screen of the car. The recorder comes with a wifi mold, and the mobile phone and the car are connected to view without traffic.

The valuation is nearly 90 billion! The extremely krypton car is on fire again, Ning Wang overweight!

According to the China Fund, the pace of capitalization of the new car-making forces has obviously accelerated, and this time it is Li Shufu’s turn to be a krypton car.

On February 13th, Geely Holding (00175.HK) announced in the morning that it issued and distributed about 139 million Series A preferred shares to five investors, raising a total of 750 million US dollars (equivalent to 5.09 billion RMB). Among them, Contemporary Amperex Technology Co., Limited (300750), which has invested in the Pre-A round, has increased its price again, which shows that it is optimistic about this new force.

After completing this round of financing, the valuation of Krypton has reached 13 billion US dollars (about 88.23 billion yuan). It is understood that this valuation amount also exceeds the valuation level before landing in the IPO of the US stock "Wei Xiaoli" in the early years. As early as the end of last year, Geely publicly announced that it planned to split the IPO of Extreme Krypton in the United States, and this new force in making cars is also expected to become the first new energy vehicle company listed this year.

Contemporary Amperex Technology Co., Limited participated in the second vote.

Extreme Krypton Automobile announced the first heavyweight financing of the new energy automobile industry this year. According to the announcement of Geely Holding, Extreme Krypton entered into a share purchase agreement with five investors on February 12. Accordingly, five investors agreed to subscribe and purchase from Krypton, and Krypton agreed to issue and distribute a total of 139 million Series A preferred shares to five investors at a total consideration of 750 million US dollars.

It should be pointed out that the investors participating in this financing are Amnon Shashua, founder of Mobileye Global Inc, Contemporary Amperex Technology Co., Limited, Yuexiu Industrial Fund, Trading Fund and Xin An Zhi Fund. According to Krypton, after the completion of this A round of financing, the valuation of Krypton is about 13 billion US dollars.

This amount also exceeds the pre-IPO valuation of the three new car-making forces "Wei Xiaoli" that have been listed in the United States. The highest valuations of the above three companies were about $6.4 billion, $8.6 billion and $8.8 billion before the US stock market was issued.

Judging from the institutions participating in this round of financing, Contemporary Amperex Technology Co., Limited is not only a long-term strategic partner of Krypton, but also an additional investment in this round to further deepen cooperation. As early as August, 2021, Contemporary Amperex Technology Co., Limited participated in the Pre-A financing of Krypton cars. In addition to Contemporary Amperex Technology Co., Limited, the participating institutions in this round include Yuexiu Industrial Fund, Trade Fund and Quzhou Trust An Zhi Fund. According to Krypton, the above three companies will help Krypton integrate its rich industrial resources and help it further expand in the upstream and downstream of the industrial chain.

According to the announcement, immediately after the delivery, Geely Holding will hold approximately 54.73% (calculated on the converted basis) and approximately 51.33% (calculated on the fully diluted and converted basis). Krypton will remain an indirect non-wholly-owned subsidiary of Geely Holding, and its financial performance will continue to be incorporated into the Group’s consolidated financial statements.

According to Krypton, the funds raised this time will be mainly used for research and development of Krypton products and technologies, global business development and user experience improvement. The company said that the five investment institutions have rich industrial resources in their respective fields, especially in smart driving, power batteries, innovative materials and high-end equipment manufacturing.

Or the fastest IPO case in the cost round

In March 2021, Extreme Krypton Automobile was jointly invested and established by Geely Automobile and Geely Holding Group. Geely has also given high hopes to the extremely krypton car.

The data shows that Krypton delivered a total of 71,900 vehicles last year, and completed the sales target of 70,000 vehicles in 2022 ahead of schedule in mid-December. According to the expectation of Geely Holding Group, by 2025, the sales volume of extremely krypton vehicles will reach 650,000, ranking the top three in the world in the market share of high-end electric vehicles. Moreover, the sales performance of Krypton is completely supported by the single model Krypton 001, so the annual sales of Krypton are quite valuable.

In terms of financing, Krypton Auto completed the Pre-A round of financing with a total of US$ 500 million from Intel Capital, Contemporary Amperex Technology Co., Limited, Bili Bili, Hongshang Group and Boyu Investment in August of that year. According to the financing situation at that time, the valuation of Extreme Krypton was about $9 billion.

In December last year, Geely Holding publicly announced that on December 7, 2022, Krypton submitted a draft registration statement for possible initial public offering to the US Securities and Exchange Commission on a confidential basis. The proposed spin-off currently includes two items, namely, the sale of krypton shares in the United States and the distribution of American Depositary Shares to shareholders in kind.

Earlier, it was reported that Krypton sought to raise more than $1 billion in the United States, with a valuation of more than $10 billion, which was higher than the valuation of $9 billion when it raised funds for the first time in 2021. However, according to the valuation of this A round of financing, this amount has far exceeded previous expectations. And this new car-making force was established only less than two years ago.

It is widely speculated in the market that Krypton will be listed as soon as possible in the second quarter of this year, so it is also considered to be the most likely car company to be listed first in this round.

Years of losses to accelerate financing.

Recently, the pace of capitalization of new car-making forces is accelerating. At the beginning of this month, Hezhong Automobile behind Nezha Automobile completed the shareholding system change, which was understood by the market as accelerating the IPO. Ai’ an, a subsidiary of Guangzhou Automobile Group, also explicitly called out the IPO in 2023.

These new forces have a common feature, that is, they are in a state of loss for years. Even "Wei Xiaoli", whose sales volume has climbed and gross profit margin has turned positive, has not yet achieved profitability under the continuous R&D investment and market layout. Ceng Qinghong, chairman of Guangzhou Automobile Group, once bluntly said, "Except for Tesla, all new energy automakers are losing money and have no money to earn. This is a consensus."

In 2021 alone, the loss of Ai ‘an, which has been valued at over 100 billion yuan, reached 1.389 billion yuan, with a year-on-year increase of 101.95%. In 2019 -2021, the losses of Ai ‘an were 621 million yuan, 688 million yuan and 1.389 billion yuan respectively, with a cumulative loss of 2.698 billion yuan in three years. In 2020, the net loss of Nezha Automobile reached 1.321 billion yuan, and in 2021, its net loss expanded to 2.908 billion yuan.

Krypton cars can’t escape this fate. According to the previously published financial report data of Geely Convenience, the revenue in 2021 was 2.868 billion yuan, and the net loss in the same period reached 1.01 billion yuan; In the first half of 2022, the revenue of Krypton was 8.828 billion yuan, and the net loss during the period was 759 million yuan. Since the establishment of the brand, the accumulated net loss of Krypton is nearly 1.8 billion yuan.

The gross profit margin of this new car-making force was around 5% in the first half of last year. The gross profit margins of LI, Xpeng Motors and Weilai were 22.09%, 11.55% and 13.8% respectively.

Original title: the valuation is nearly 90 billion! Li Shufu is on fire again, Ning Wang is overweight!

Editor: Zheng Yalan

Editor: Zhang Songtao

Audit: Feng Fei