Today, Jason Wu once said that an actor gave up the news of deification because of his small role, and boarded a hot search, which triggered a heated discussion among many netizens. What on earth made the young actor who was mentioned in the variety show give up a potential chance of becoming popular? Three years ago, Jason Wu spoke out in the program. When he visited the class crew, he found that 30 children had gone through eight months of hard training, but because some actors felt that they were not the leading role, they chose to leave, thinking that there was no room for small roles to play. Unexpectedly, after a lapse of three years, Su Quanxiao, a character with only three minutes in the popular movie Feng Shen, has become the focus of hot discussion among netizens, and many other actors have quickly become popular. Will the young actor regret it when he joins the crew?

The actor who chose to leave really missed an opportunity to show himself. This situation makes people sigh, perhaps this is the trick of fate. In fact, the existence of each character and their interpretation are an indispensable part of the story in "Feng Shen". Whether it is the leading role or the supporting role, the outstanding acting skills are the key to winning the favor of the audience. In this industry, many people tend to focus on the protagonist, but ignore the importance of supporting roles. As long as you interpret it with your heart, a small role can also be a bright spot in the audience’s heart.

In this work, we can see that those outstanding performances are driving the development of the whole plot, which has nothing to do with the size of the role. The key to winning lies in the skills of the actors and their investment in the role. No matter in movies or TV series, every character is an important part of the whole story. Small characters can also have a vital impact on the whole story, and their value can’t be underestimated at any time.

Jason Wu’s remarks triggered a burst of thinking, and the audience responded one after another, thinking that such an idea was really ambitious. Some netizens said with emotion: "Li Xuejian, Liu Tianchi and other popular actors have taught here, and what they have learned is probably richer than the four years of ordinary students." The popularity of the film "Feng Shen" confirms this view and shows that acting and hard work are the key.

There is also a fact that can’t be ignored. Not all successful actors have outstanding appearance, and various role requirements may make actors famous overnight. In this process, the actor constantly cares for his professional skills, which is the hard condition for his success. As Wu Jing mentioned, the professional skills and professionalism of actors are the cornerstones to win applause.

This may be a more realistic portrayal of the entertainment circle, emphasizing not only whether it is popular or not, but also how to stick to yourself, improve yourself and perform its due glory in your career. In this rapidly changing industry, all the actors who are on fire are not necessarily the protagonists, and their acting skills and all-out attitude are also important factors for the success of film and television works.

Regardless of the size of the role, excellent acting is always a necessary condition for success. Such as luck, the grasp of the role, are indispensable elements. We look forward to seeing more such actors, regardless of their roles, who can make efforts and show their best performances. In this way, the whole entertainment circle can be more prosperous and bring more wonderful works to the audience. For this dedication, perhaps the young actor mentioned by Jason Wu is now rethinking his choice and regretting it, but it is undeniable that all this has made the young actor more powerful in a subtle way. In the future, they may continue to bloom on the new stage, which is worth waiting and seeing.

Editor in charge:

　 　 1905 movie network news In 2015, China’s film market not only has 44 billion box office achievements, but also has quality films with win-win word-of-mouth box office. The fiery market environment also makes filmmakers more confident in the new year.

　 　 At the beginning of 2016, many new films were announced at the first time to grab the best schedule. Among them, there are works by established directors such as Stephen Chow, Zhang Yimou and Jing Wong, and works by new directors such as Jing M.Guo, Qing Yang and Chen Guo. Innovative themes, powerful creations, classic IP and other elements are indeed the solid backing of these films, and also make the film market in 2016 show a scene of a hundred schools of thought. There is no life without movies. Today, let’s follow the schedule and make an ultimate inventory of the movies that will meet the audience in 2016.

　

Winter vacation file — — Fat Dajun "Po" returns

　

Kung fu panda 3

　 　 On January 29th, Kung Fu Panda 3, which is highly anticipated by men, women and children, will be released in major theaters. The film will continue the plot of the previous film, centering on the story that the Dragon Warrior Panda Po meets his biological father again in the process of exploring the mystery of his life experience, discovers the whereabouts of his compatriots who have been separated for many years, and jointly fights against evil forces to save the panda family. In the previous film viewing meeting, the audience were full of praise for the strong oriental martial arts temperament in the film.

　 　 Nowadays, Kung Fu pandas can be seen almost everywhere in cinemas, subways, buses, televisions and the Internet. The series can be made into the third film one after another, not only because of the stupid "Fat Da" Po in it, but also because of the super high-level artistic special effects, consistently high-profile film quality and seamless integration of China elements. As a film suitable for the whole family to go to the cinema together, Kung Fu Panda 3 also made many stunts behind the scenes, not only inviting well-known stars such as Jackie Chan, Huang Lei and Zhang Guoli to dub, but also popular actors such as Bai Baihe, Yang Mi and Jay Chou to help out, which made fans join the movie-watching army one after another. It seems that "Po" returning with glory will surely become the most golden movie before the Spring Festival.

the mermaid

　

Spring Festival file — — Comedy and "family fun" are the right way.

　

the mermaid

　 　 At the end of 2015, when various blockbusters were engaged in tug-of-war, Stephen Chow’s new film "Mermaid" also joined in and launched an overwhelming publicity strategy. At the previous press conference, Master Xing once humorously compared the plot: "It’s a story about invincible, which is lonely and empty, and mortals may not understand it." It seems that the movie Mermaid will continue to uphold Master Xing’s nonsense humor. In the cast, Jelly Lin and Yuqi Zhang, a pair of new and old star girls, will get together in the film, while Wu Yifan, a little fresh meat who is deeply loved by the post-90s and post-00s, will play mysterious roles, and Ke Bai, the "Wang Dachui" and Kong Lianshun, the goddess of Confucius, who are deeply loved by netizens, will also compete with Deng Chao and Show Lo in the film. With so many wrists gathered in the movie Mermaid, I have to sigh that the appeal of Master Xing is no less than that of that year!

　 　 Stephen Chow doesn’t belong to a prolific director, but every film he makes will be a hit, which is not only due to the charming charm of Xing Ye himself, but also because of the excellent quality of his films. It can be said that Stephen Chow is the director who knows the audience’s psychology best among domestic film directors. He knows exactly what the audience wants to see from the film story, expression and actor selection. This time, "Mermaid" cost 150 million yuan, creating a different kind of love-hate entanglement between fantasy mermaids, which will definitely make many viewers "prosperous" when choosing films on New Year’s Day.

　

Monkey King Thrice Defeats the Skeleton Demon of Journey to the West

　 　 During the Spring Festival, another highly anticipated film is Monkey King Thrice Defeats the Skeleton Demon, which was created by the original crew. Monkey King Thrice Defeats the Skeleton Demon’s story has been well-known and has been revised and put on the screen for many times. The latest version of Monkey King Thrice Defeats the Skeleton Demon on a Journey to the West will inherit the characteristics of the characters in the classic text, but it has been upgraded in the richness and pattern of the story, integrating love, mentoring, magic and other elements, taking into account artistry and commerce. Aaron Kwok, the winner of two Golden Horse Awards, will play the role of the Monkey King in the film. With his handsome appearance and secret training for nearly three months, people have many expectations for the Monkey King played by Tianwang. In addition, Bai Gujing played by Gong Li is also quite interesting.

　 　 The film went to Wuxi, New Zealand and other places to shoot. In production, 3D cameras from Cameron Pace Group (CPG) were used to shoot. In terms of special effects, Hollywood’s top special effects team was invited to create it. In addition to the great production, the filming of this film also contributed to the good affection between William Feng and Aaron Kwok, the "mentoring" drama. The tacit understanding formed by them may make the audience feel the shock brought by a real and worrying mentoring relationship.

　

　

Storm riders of Macau

　 　 As another "Family Fun" film series, storm riders of Macau is also scheduled to be released on the first day of New Year’s Day, bringing together stars such as Chow Yun Fat, Andy Lau, Nick Cheung, Chris Lee, Jacky Cheung, Carina Lau, Xiang Huaqiang and Xiangzuo. The film continues the story. After Mochow committed suicide by jumping out of the plane, Yi Tianxing, an arms dealer who was infatuated with her, vowed to avenge her, so she arranged to kill Yijian Shi. Gao Fei, the sister of the gambling god, and two disciples of the gambling god, Dao Zi and Xiao Ma, joined hands with Yijian Shi to fight against the enemy.

　 　 This time, Chris Lee will not only compete with Andy Lau, the king of heaven, for the first time, but also two people will sing the movie song Gong Xi Fa Cai 2016 together, and Andy Lau will also bring a huge musical egg. He dedicated his voice and sang the "Hua Ge Edition" Cantonese magic brainwashing song "Tuner" for the first time on the Internet. It remains to be seen whether this year’s brand-new series can play the dark horse card again and create miracles after "Macau Fengyun 2" won the champion of last year’s Spring Festival after winning more than 900 million box office!

　

Valentine’s Day — — Sad and unique youth love

　

Murder is like water.

　 　 Directed by Chen Guo, the director of Hong Kong Academy Award and Taiwan Golden Horse Award, it brings together Angelababy, Ehan Juan, Juck Zhang, Rayza and other stars. The film is adapted from Cai Jun’s novel of the same name. It tells the love suspense story that Tian Xiaomai, a female white-collar worker, accidentally discovers that the reason for her amnesia and the secret of her first love are related to this case because she got her father’s notes on solving the case, so she begins to personally investigate this murder case, but is involved in it. The director not only reproduces the despair, sad feelings and helpless sense of fate in the original work, but also shapes the characters from different angles to create a fuller sense of reality. This film will lead the audience to return to the fleeting time when they feel youthful love.

　 　 Director Chen Guo’s works are always famous for being maverick, and he is good at showing the despair of the characters and the anxiety of pursuing self-identity. As its first commercial movie to enter the mainland, the director chose to challenge the theme of youth love, which perfectly presented the film’s commerciality and also integrated into the director’s personal style. On Valentine’s Day in 2016, this beautiful and thrilling love movie will surely make couples feast their eyes and gain different sensory stimuli.

Running for love

　 　 Running for Love, starring Zhang Ziyi, Eddie Peng Yuyan, Tong Liya, Zhou Dongyu, Chen Yanxi, Zhang Yi, Liang Jing, Wang Qianyuan and Wu Mochou, gathered in five domestic directors Zhang Yibai, Guan Hu, Seimi Zhang, Huatao Teng and Gao Qunshu to tell their stories related to love. The filming locations are all over Asia, Europe and America, and the five world-famous "love shrines" are also included, including Otaru, Eurasian Bridge in Turkey, route 66 in the United States, Sunshine Town in Norway and Mariana Trench in Saipan. Moreover, "pure love" has become the main theme of the film, bringing sweet sharing to Valentine’s Day.

　 　 The film not only has an ultra-luxurious star lineup, but also five couples make fans look forward to it. Zhang Ziyi and Eddie Peng Yuyan met because of "predecessor"; Wang Qianyuan MoMo Wu "Uncle with Lori" constitutes the most cute age difference; Michelle Chen holds hands with foreign boyfriends to meet Norway; Zhang Yi Liang Jing creates the most grounded couple, and Zhou Dongyu Tong Liya plays the most abusive "Lily Love".

　

Women’s Day File — — Blood shed’s martial arts sentiment

　

Ip man 3.

　 　 The third part of the series will be released in cinemas in the Mainland in March. The film was released in Hong Kong at the end of 2015, which not only gained a good box office, but also became the top ten blockbuster films of the season. Ip man 3 is still directed by Ye Weixin, starring Donnie Yen and Xiong Dailin. This time, Max Zhang, who has become a new generation of male gods in one fell swoop, will also join in. "ip man 3" will set IP Man’s later years as the background, and tell the story of a generation of heroes who eventually became a grandmaster through self-improvement after falling into various difficulties.

　 　 "ip man 3" will return to the character IP Man, which is different from the couple’s love affair in which the first two films focus on Qi Mei. This time, IP Man has to make a choice between martial arts and his wife. The structure of the whole film takes "human" as the point and "martial arts" as the line, which is nothing more than interpreting the true meaning of the word "affection". According to previous news reports, during the filming, Donnie Yen and Max Zhang were both injured. Fortunately, they were near misses. In this Women’s Day schedule, the tough guys are also fighting, using their lives to interpret a martial arts situation in blood shed for women.

　

Qingming file — — The loyalty of the rivers and lakes is in power, and the evil wind gathers again.

　

Hot pot hero

　 　 Produced by Chen Guofu, directed by Qing Yang and co-starred by Chen Kun, Bai Baihe, Qin Hao and Yu Entai, the film schedule was announced early, and posters and trailers were released one after another at the end of last year, which instantly ignited the enthusiasm of fans. However, for the content of the film, the main creators are tight-lipped and consistent. Although in the trailer, the four leading actors incarnate as "robbers" and jointly stage a story of "getting rich overnight", director Yang Qing once admitted that the trailer is just the tip of the iceberg, and the movie "Hot Pot Hero" is actually a Jianghu friendship youth film without small meat, and gives the film several labels of comedy, love, brotherhood, action and youth.

　 　 Qing Yang’s last work was in 2009, and the output was not high, but the dramatic tension of his work was obvious to all. This time, after being "persuaded" by Chen Guofu and others, Yang Qingcai decided to make a movie in his hometown of Chongqing, so there was "Hot Pot Hero". Although the publicity about the film has not yet broken out in an all-round way, it is predicted that after the film is released, there will probably be an upsurge of "Tomb-Sweeping Day going to an old classmate’s hotpot restaurant together".

　

Mysterious family

　 　 As a traditional festival in China, Tomb-Sweeping Day is similar to Halloween in the west in a sense because of its own temperament, and there are always many horror and thriller movies gathered every year. This year, among many films of the same type, the most notable one is The Mysterious Family, which is directed by Korean director Yu-hwan Park and starred by Ariel Lin, Jiang Wu, Chen Xiao, Kara Wai and Lan Zhenglong. It is reported that this film is based on real events and tells the story that a girl in a mysterious family was raped on the way to school, which caused the soul to be intertwined with reality.

　 　 From the line-up, this film is already higher than other rivals, and it is refreshing with an attractive story and posters of people already exposed. It is understood that the behind-the-scenes production team of this film is also well-known, and it is Hengye Film, which started as a horror film in the industry. In the Qingming Festival in previous years, they always had excellent horror and thriller movies, and this year’s "Mysterious Family" is their masterpiece. With the familiar types and the familiar schedule, this Qingming file is bound to set off another wave of terror.

Next page: May 1st gear — — Yao Chen Tang Yan Hao Lei "partnership" to start a business together.

Recently, Huang Xiaoming, a famous actor, made her debut after her public love affair, which triggered a heated discussion among netizens. Accompanied by his new girlfriend, their sweet moments together were exposed many times. However, apart from the publicity of love, Huang Xiaoming’s appearance change has also become a hot topic of discussion.

During the activity, Huang Xiaoming’s face changes caused concern, and many netizens noticed that his chin seemed to be a little bent and his facial contour was more bloated. In this regard, some netizens expressed concern that Huang Xiaoming’s status may be related to work pressure and living habits. Some people also ridiculed that "the pressure of stars is too great, and it is finally reflected in the face." This is not only the analysis of Huang Xiaoming’s personal image, but also the general expectation of the public for the appearance and living conditions of the stars.

Background analysis: the aura and pressure of stars

Huang Xiaoming, as a famous actor in mainland China, is loved by many fans for his excellent acting skills and charming appearance. However, the glamorous appearance behind the stars often masks the pressure and challenges they bear. Especially after experiencing major events such as marital changes and career bottlenecks, the psychological and physical status of stars may be affected.

Huang Xiaoming divorced his ex-wife earlier this year. After a period of calmness, he chose to make his love affair with his new girlfriend public. It should have been a celebration moment, but with the exposure of appearance changes, it seems to have brought him a lot of public pressure. On social media, the discussion about his appearance changes has intensified, and many comments even involve life choices and stress management.

The double-edged sword of social media

In this era of information explosion, social media is not only an important platform for interaction between stars and fans, but also the birthplace of public opinion storm. The hot discussion caused by Huang Xiaoming’s appearance is the epitome of star life in the era of social media. Although there are various comments from netizens, Huang Xiaoming’s appearance changes have become the focus of discussion, which shows us that the public is highly concerned about the appearance and image of stars.

Many netizens showed their concern for Huang Xiaoming on social platforms, and their words revealed their worries about his health, precisely because they were full of emotions for this star who once brought countless laughter and tears on the screen. This kind of emotional entanglement is widespread in the film and television circle and even the whole entertainment circle. Every appearance and every movement of the stars is easy to attract widespread attention and interpretation.

The sweetness and pressure of new love

After Huang Xiaoming’s sweet love affair was exposed, although it attracted a lot of attention, it also made him become the focus of public opinion again. The affection between lovers is essentially a kind of support and sharing, but when personal life is put in the spotlight, there may be unknown pressure behind the sweetness.

With the announcement of her love affair, Huang Xiaoming should not only balance the sweetness of love with her private life, but also continue to strive to maintain her image in her career. How to maintain an ideal image in the eyes of the public is a great challenge for every star. As psychologists have said: "The public’s prejudice and expectation of stars will often cause great psychological pressure on them."

Public Expectation and the Standard of Beauty

In this context, the standards of beauty and the appearance of stars inside and outside the film and television circle are getting higher and higher. Nowadays, the media and the public react more quickly to the appearance changes of stars, which also causes many stars to bear a huge psychological burden because of image problems. Some stars choose to maintain their appearance through fitness, medical beauty and other means. However, under the scrutiny of the outside world, this practice sometimes leads to new disputes.

The situation in Huang Xiaoming also reflects the commercialization and standardization of beauty faced by the entire entertainment industry. Whether to meet the market demand or to maintain their own image, stars are forced to meet the public’s expectation of "perfection" to some extent. In such competition, should we be more tolerant and understanding of these public figures and give them more support and respect?

Summary: A Survey of the Life of Stars and Society

Huang Xiaoming’s appearance is not only a publicity of his personal life, but also reveals deeper social problems. As public figures, the aura and responsibility of stars are intertwined, and their lives and choices often become an important topic of social discussion. While appreciating their works and achievements, we should treat their life and changes rationally.

Perhaps, in this perfect society, we can give each star more space and understanding and allow them to show their true selves at different stages of life. Although the change of Huang Xiaoming’s face has caused a topic, we should pay more attention to his real feelings and living conditions as an ordinary person. Let’s look forward to his new stage in love and career, and wish this talented actor more wonderful works and happy times in the future.

Editor in charge:

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　　On Monday, local time, US stocks continued to rise, and the three major indexes collectively closed up. The Dow was six consecutive years, and the S&P and Nasdaq once again set a 15-month high. Technology stocks performed well, with Apple and NVIDIA hitting record closing highs, while Tesla rose more than 3%.

　　In the news, US Treasury Secretary Yellen said on Monday that the US labor market and inflation data made her optimistic about the prospects. "I don’t expect a recession, and we are on the road to reducing inflation." This has boosted the market’s confidence in the economic prospects of the United States to some extent.

　　In addition, the Goldman Sachs research report pointed out that in view of the good performance of the recently released US economic activity and inflation data, the possibility of the US economy avoiding recession in the next 12 months has increased. Therefore, Goldman Sachs lowered its forecast for the possibility that the United States will begin to fall into recession in the next 12 months, from 25% to 20%. In addition, although the Federal Reserve is expected to raise the benchmark interest rate again next week, it may be the last in a series of interest rate hikes that began last year.

　　It is worth noting that the Q2 earnings season of US stocks officially begins, and the market will face a test in the next few days. Whether the previous rise is a continuation of the strength of US stocks or investors rushing to run, corporate earnings reports will give an answer.

　　In terms of individual stock news, Microsoft welcomed the new progress in the acquisition of Activision Blizzard. The British Anti-monopoly Court of Appeal ruled that the trial of Microsoft’s appeal against the ban on Microsoft’s acquisition by the British regulators was suspended, arguing that the case could be postponed "conditionally", paving the way for Microsoft and Blizzard to find an alternative to the veto by the regulators. This means that the last "roadblock" of British regulators is no longer enough to pose a threat to the transaction.

　　However, a person familiar with the matter said that although the transaction is likely to be reached, the completion time of the transaction may be later than the original deadline this Tuesday.

　　Buffett’s Berkshire Hathaway disclosed on Monday that it significantly reduced its holdings of Activision Blizzard in the second quarter, and its position fell to about 14.7 million shares, a decrease of 70.2% from the 49.4 million shares held at the end of the first quarter. Berkshire’s shareholding ratio has shrunk sharply from 6.3% at the end of the first quarter of this year to 1.9%.

　　In terms of energy, crude oil soared due to the news that Saudi Arabia "extended its voluntary production reduction to the end of December 2024". WTI crude oil once rose to $76/barrel, and Brent crude oil once returned to the $80/barrel mark. Later, it retreated all the gains announced by this false news. WTI crude oil closed down 1.53% to $74.08/barrel, while Brent crude oil closed down 1.47% to $78.

　　[overnight U.S. stocks]

　　Among the large-scale Chinese stocks, Alibaba fell by 1.20%, Baidu rose by 0.30%, Netease rose by 0.84%, Tencent Music fell by 2.83% and Pinduoduo fell by 0.49%.

　　Among the large American technology stocks, Apple rose 1.73%, Amazon fell 0.83%, Google A fell 0.61%, and Nye soared 1.84%.

　　[global index]

　　In the European stock market, the FTSE 100 index in Britain fell slightly by 0.38% to 7406 points. The French CAC40 index fell 1.12% to 7292 points. Germany DAX index fell slightly by 0.23% to 16,069 points.

　　[global goods]

　　The main contract of WTI crude oil closed at $74.11 per barrel, down 1.74%; The main contract of Brent crude oil closed at $78.56 per barrel, down 1.64%; The main contract of crude oil in the previous period closed at 573.10 yuan per barrel overnight, down 0.83%.

　　Overnight, the Shanghai gold main contract closed up 0.22% to 455.70 yuan per gram; The main contract of Shanghai Bank closed down 0.12% to 5809.00 yuan per kilogram.

　　[overnight news]

　　"Saudi Arabia will extend its voluntary production reduction measures until the end of 2024"? Oolong news makes oil prices "jump up and down"

　　On the evening of July 17th, a news that "Saudi Ministry of Energy said it would extend the voluntary production reduction measures to the end of 2024" triggered a huge earthquake in the crude oil market. Both American oil and oil distribution rose by over 2%, and European energy stocks followed suit. However, news came out soon, and the media withdrew this report, calling it the old news on June 4. Brent crude oil and WTI crude oil retreated all their gains within 25 minutes, dropping about $1.5 per barrel. The long-short game of crude oil at the $80 mark is fierce.

　　US Treasury Secretary Yellen: The US economy will not decline and is on a "good track" to reduce inflation.

　　US Treasury Secretary Yellen said on Monday that the growth of the United States has slowed down, but the domestic labor market is still quite strong. She predicted that there would be no recession in the United States. Yellen said that she believes that the United States is on a "good track" to reduce inflation, and the labor market will not be significantly weak. Some commentators believe that Yellen’s statement is also the driving force behind the rise of US stocks on Monday.

　　The black sea food agreement is completely history? Russia says it no longer plans to negotiate.

　　Russia’s deputy representative to the United Nations said that the decision to terminate the agreement on the export of agricultural products at the Black Sea port was final, and no more negotiations were planned. On the same day, the Russian Foreign Ministry issued a statement on the agreement on the export of agricultural products at the Black Sea port, saying that the agreement will be suspended from July 18. The Russian Foreign Ministry pointed out that Russia opposes the extension of the agreement on the export of agricultural products at the Black Sea port, and officially informed Turkey, Ukraine and the United Nations Secretariat of the decision on the 17th.

　　Affected by this news, American wheat futures surged back, jumping over 4% and then turning down.

　　The new york Fed’s manufacturing index fell in July, but inflation cooled further.

　　The manufacturing index released by the Federal Reserve Bank of new york in July dropped to 1.1% from 6.6 in June, indicating that the manufacturing growth in the state has almost stopped, and economists expect it to drop to zero. Among the sub-indices, the price payment index dropped from 22 in June to 16.7, which is a sign that inflationary pressure has further cooled down.

　　[company news]

　　Microsoft’s acquisition of Activision Blizzard went further, but the deal may be postponed. Buffett reduced his shareholding in Blizzard by 70% in the second quarter.

　　Microsoft welcomed the new progress in the acquisition of Activision Blizzard, and the British Anti-monopoly Court of Appeal ruled that the trial of Microsoft’s appeal against the ban on Microsoft’s acquisition by the British regulators was suspended, arguing that the case could be postponed "conditionally", paving the way for Microsoft and Blizzard to find an alternative to the veto by the regulators. This means that the last "roadblock" of British regulators is no longer enough to pose a threat to the transaction.

　　However, a person familiar with the matter said that although the transaction is likely to be reached, the completion time of the transaction may be later than the original deadline this Tuesday.

　　Buffett’s Berkshire Hathaway disclosed on Monday that it significantly reduced its holdings of Activision Blizzard in the second quarter, and its position fell to about 14.7 million shares, a decrease of 70.2% from the 49.4 million shares held at the end of the first quarter. Berkshire’s shareholding ratio has shrunk sharply from 6.3% at the end of the first quarter of this year to 1.9%.

　　Tencent’s largest shareholder: It is estimated that the shareholding ratio will drop to around 24%-25% by the end of the year.

　　Prosus, the largest shareholder of Tencent Holdings and the Dutch subsidiary of South Africa’s Naspers Group, said that the proportion of its Tencent shares will be reduced by 2 to 3 percentage points every year, and it will drop to around 24%-25% by the end of this year. Naspers bought a third of Tencent’s shares for $34 million in 2001. In June last year, Prosus announced that it would slowly sell its Tencent shares to provide funds for stock repurchase.

　　Lilly announces complete report on new drugs for Alzheimer’s disease.

　　Lilly, a pharmaceutical giant, announced in official website on Monday that the latest complete results of phase III clinical trial TRAILBLAZER-ALZ 2 showed that donanemab developed by the company could significantly slow down the cognitive and functional decline of patients with early Alzheimer’s disease (AD).

　　According to the latest complete report, among people with mild cognitive impairment (MCI), iADRS (comprehensive evaluation of patients’ cognitive ability and daily self-care ability) shows that the clinical decline rate has slowed down by 60%, and CDR-SB score shows that the cognitive decline rate of patients has slowed down by 46%. This means that the curative effect of donanemab is much more obvious for this group.

　　Tesla’s board gave up $735 million in stock and cash awards to settle investor lawsuits.

　　Tesla directors, including co-founder Musk, agreed to return more than $735 million in stock and cash bonuses to settle the lawsuit filed by investors. The lawsuit accused board members of providing themselves with huge salaries through improper means. According to the document filed by the Delaware Court of Equity on July 14th, Tesla directors denied the existence of the misconduct alleged by investors, but said that they agreed to solve the case to eliminate the uncertainties, risks, burdens and expenses that may be brought about by further litigation.

　　Ford slashed the sales price of electric pickup trucks.

　　On Monday, local time, Ford Motor Company of the United States drastically lowered the price of F-150 Lightning. Among them, the entry-level model F-150 Lightning PRO, with the biggest drop, started at US$ 59,974 and fell to US$ 49,995, down by about 16%. The price reduction of other models is roughly 6%-14%.

　　[AI dynamic]

　　Server energy consumption has tripled, and the fierce AI competition is becoming more and more important for power competition.

　　According to the latest report released by Digital Information World, the energy consumption generated by data centers for training AI models will be three times that of conventional cloud work. It is estimated that by 2030, the power demand of data centers in the United States will increase at an annual rate of about 10%. Computing power is the foundation of the development of the AI world, and the bottleneck of computing power is electricity in the final analysis. With the increasingly fierce arms race for AI, the competition for electricity has become more and more important.

　　[financial calendar]

As a top-class product for the future, it has not completely broken the current design idea, but evolved again on the basis of the existing design language. The front face of the new car is equipped with a middle net, which obviously enhances the sense of movement. The headlights on both sides are quite sharp, and they look very energetic after being lit. The waistline is still Chery’s unique body shape, and the enchanting figure is vividly displayed! The shape of multi-frame rim is a little small, and the visual effect is acceptable. At the same time, the founder’s tail echoes the front, and the blackened tail lights are the same trend, especially the brake lights, which echo the front daytime lights.

The whole car can be said to be calm and attractive, extremely attractive. The steering wheel is made of plastic and feels good. In the symmetrical center console and the door handle, a lot of soft plastic materials are used to cover and wrap it, which makes it feel layered. The 10.25-inch suspended central control screen is simple in screen design, but fully functional. The front row is also equipped with manual air conditioning control system to freely debug the most comfortable space atmosphere. At the same time, the new car also provides leather seats, which can bring certain comfort.

Tiggo 8 has a length of 4722mm, a body width of 1860mm and a wheelbase of 2710mm, which is quite satisfactory. In the same class, the wheelbase of Tiggo 8 ranks 50th. One bright spot is that its width reaches 1860mm, which reflects that the lateral space inside the car is not bad. The design of skylight also increases the subjective space feeling of front and rear passengers. Among the models of the same price and class, the trunk volume of Tiggo 8 ranks 61st. The space is relatively regular, without obvious protrusions, and the overall loading capacity is good.

The 7-seat Tiggo 8 Premium Edition 230TCI Dual Clutch Deluxe Edition uses a 1.5 engine with a maximum horsepower of 156 and a peak torque of 230, matching the wet dual clutch (DCT) gearbox. 1.5 The power performance of the engine on the Tiggo 8 is quite satisfactory, the low torque is weak and the hysteresis can be felt. Ranked 26th among 80,000-120,000 SUV models.

The active/passive safety configuration of Tiggo 8 is complete, includingAutomatic parking、Zero tire pressure endurance tire、Automatic parking、Steep slope descent、hill start assist control、knee airbag、HUD head-up display、Anti-lock braking (ABS)、Braking force distribution (EBD/CBC, etc.)、Brake assist (EBA/BAS, etc.)、Traction control (ASR/TCS, etc.)、Active noise reduction、Engine start and stop、Side safety air curtain、Wireless charging of mobile phone、night vision system、LED daytime running lights、Forward reversing radar、Tire pressure monitoring、Steering wheel heating、Body stability control (ESP/DSC, etc.)、Rear reversing radar、Fatigue reminder、Remote parking、Child seat interface、Lane keeping (LKAS)Equal configuration.

Among them,Automatic parkingYou can avoid stepping on the brakes for a long time or needing to pull frequently;Steep slope descentCan safely pass through steep slope road conditions at low speed;knee airbagReduce the injury of the car interior to the occupant’s knees in the secondary collision.

If the above data and participation can’t fully understand Tiggo 8, then we can give you a more comprehensive reference based on the word-of-mouth information of users who have purchased Tiggo 8 in history. It can be seen that what everyone is most satisfied with the Tiggo 8 is its good dual clutch. In addition, the space is quite large and the chassis is calm, which is what everyone likes about it.

On August 31, the reporter learned from the Provincial Information Center that the Henan credit information sharing platform has realized data networking with more than 40 industries such as safety production, environmental protection and taxation, and monitored the status of credit subjects through online big data visualization analysis, realizing "every batch must be checked" and "everything must be checked".

Henan credit information sharing platform is one of the important contents of building a pilot province of social credit system and big data integration development in Henan. After the platform is networked, all departments and units can reward and punish credit subjects through online inquiry in the near future and system docking in the long term when using the platform to carry out administrative work. For example, when the transportation department handles the examination and approval of the business license, the staff members log on to the Henan credit information sharing platform and enter key information such as the name of the legal person of the transportation company, the unified social credit code, the organization code, etc., so as to inquire whether the parties belong to the object of rewards and punishments. For the parties who belong to the object of rewards and punishments, the platform will automatically list the types and times of red and black lists and the corresponding list of reward and punishment measures.

Before the end of this year, the data of Henan credit information sharing platform will be embedded in the "online" service process, which will be integrated with the data of Henan government service network to realize the whole process of joint rewards and punishments, such as automatic warning, automatic retrieval, automatic trigger, automatic implementation and automatic feedback. In other words, if a faithless person breaks his promise once, the result will be automatic restriction everywhere.

In accordance with the requirements for the construction of a pilot province integrating the national social credit system and big data, Henan should become an important information big data gathering and sharing center and development and application center in China, and take the lead in sketching out a multidimensional credit "genetic map" for five categories of subjects including government, enterprises, individuals, institutions and social organizations. The relevant person in charge of the Credit Department of the Provincial Development and Reform Commission said that in the future, personal credit will become the second "identity card", and trustworthy people can enjoy the benefits of renting a car and staying in a hotel without paying a deposit, while untrustworthy people may even have difficulty going out to take a taxi and shopping in a supermarket. (Reporter Luan Shan)

Gree Electric (000651) is gradually reducing its shares in listed companies recently.

In October this year, Wentai Technology (600745) announced the shareholding reduction plan of shareholder Gree Electric; In November, Haili Co., Ltd. (600619) disclosed the change of shareholder Gree Electric’s shareholding in the announcement. During the period from October to November, it has sold more than 40 million shares of Haili, and the cash amount is estimated to be more than 600 million yuan.

With the stable profit and abundant cash flow brought by household appliances, Gree Electric has made continuous foreign investment in the past few years, including not only Yinlong, which has attracted much attention, but also a number of A-share listed companies, and has quietly formed a huge investment map with a total market value of over 10 billion yuan.

But this year, Gree Electric’s "buy buy Buy" has slowed down and turned to reduce its shares in listed companies. What are the reasons behind it?

Reduce the shares of the two companies

At the beginning of November, Haili became a hot A-share stock, and its share price rose by more than 280% in just two months. As the second largest tradable shareholder of Haili, Gree Electric reduced his holdings in batches.

According to the announcement, Gree Electric reduced its holdings of Haili shares by 43,046,600 shares from October 10th to November 8th this year, accounting for 4.01% of the total share capital.

According to the third quarterly report of Haili in 2024, as of the end of the quarter, Gree Electric held 90,223,200 shares of Haili, accounting for 8.41% of the total share capital; Gree Electric’s Hong Kong Gree Electric Sales Co., Ltd. (hereinafter referred to as "Hong Kong Gree") holds 6,490,600 shares, accounting for 0.60% of the total share capital. Gree Electric and his concerted action Hongkong Gree hold a total of 96,713,800 shares, accounting for 9.01% of the total share capital.

After this round of reduction, Gree Electric and his concerted actions still hold 53,667,150 shares of Haili, accounting for 4.999993% of the total share capital, and they are no longer shareholders holding more than 5% of the shares of Haili.

From the operational point of view, the first wave of Gree Electric’s reduction period was from October 10th to November 5th, and the share price of Haili shares fluctuated upward, rising from early 10 yuan to near 14 yuan. During this period, the average price of reduction was about 10.44 yuan, so it is estimated that the amount of Gree Electric’s reduction was about 112 million yuan.

The second wave of Gree Electric’s reduction occurred on November 6th, when the word "T" of Haili shares was at the daily limit for most of the day. On this day, Gree Electric sold 25,551,600 shares, with an average price of 15.38 yuan, and the cash amount was about 393 million yuan.

The third wave of Gree Electric’s reduction was from November 7th to November 8th. On these two days, the share price of Haili shares continued to go up and down, with an average price of 16.59 yuan. The estimated cash amount of 6,763,700 shares sold by Gree Electric was about 112 million yuan. According to this calculation, Gree Electric’s accumulated cash in this round of reduction of Haili shares is more than 600 million yuan.

For this round of reduction, Gree Electric only briefly stated that this change in equity is a transaction according to his own business arrangement, and the company has no clear plan, agreement or arrangement to increase or decrease its equity in listed companies in the next 12 months.

In early October, Gree Electric also announced its plan to reduce its holdings of Wentai Technology. It is planned to reduce its holdings of Wentai Technology by means of centralized bidding, not exceeding 12,428,100 shares, not exceeding 1% of its total share capital. Prior to this reduction, Gree Electric and his concerted action Zhuhai Ronglin held 116 million shares of Wentai Technology, accounting for 9.33% of the company’s total share capital.

At present, Wentai Technology has not announced the progress of Gree Electric’s reduction. Since Gree Electric announced the plan to reduce its holdings, the share price of Wentai Technology has continued to fluctuate upward, with an increase of more than 20%.

Billion A-share investment map

With its leading position in the domestic air-conditioning industry, Gree Electric has achieved good performance growth in the past ten years, and also brought abundant cash flow. In 2017, Gree Electric’s book monetary funds approached 100 billion yuan, and it has been maintained at a scale of more than 100 billion yuan since then. It is from this moment that Gree Electric gradually increased its investment layout in the A-share market.

In September 2017, Gree Electric listed Haili shares in the secondary market for the first time, and listed for the second time in July 2018. By the end of the third quarter of 2018, Gree Electric and his concerted action Hongkong Gree held a total of 96.7138 million shares of Haili, accounting for 9.01% of its total share capital.

At the end of 2018, Gree Electric contributed 3 billion yuan to help Wentai Technology acquire Anshi Group by increasing its capital in Hefei Zhongwen Jintai and Zhuhai Ronglin, thus becoming an important shareholder of Wentai Technology. Gree Electric and his concerted action in Zhuhai Ronglin acquired 116 million shares of Wentai Technology, accounting for 9.33% of its total share capital.

In 2019, Sanan Optoelectronic (600703) launched a fixed increase plan of 7 billion yuan, and Gree Electric suddenly appeared on the subscription list, with a subscription amount of 2 billion yuan. In 2020, the increase of Sanan Optoelectronics was successfully implemented, and Gree Electric obtained 115 million shares of Sanan Optoelectronics.

In 2021, Gree Electric planned to enter the main shield environment. In 2022 and 2023, he acquired 410 million shares of shield environment at a total cost of 3 billion yuan, accounting for 38.78% of the latter’s total share capital. This is also the first time that Gree Electric has controlled a-share listed company.

Judging from the shareholding situation at the end of the third quarter of 2024, Gree Electric (including concerted action) held 96.7138 million shares of Haili, 116 million shares of Wentai Technology, 115 million shares of Sanan Optoelectronics and 410 million shares of Dunan Environment respectively. Based on the stock price at that time, the total market value of Gree Electric’s shareholding in these four listed companies was about 10.9 billion yuan. In fact, the share prices of these four listed companies rose to varying degrees during October and November.

In addition to the investment of A-share companies, the acquisition of Yinlong is also an important investment of Gree Electric. In August, 2021, Gree Electric won 30.47% equity of Yinlong at a total price of 1.828 billion yuan by participating in the public auction of judicial auction. Combined with the entrustment of Dong Mingzhu’s personal voting rights in 17.46% equity of Yinlong, he completed the holding of Yinlong and later renamed it Gree Titanium.

In December 2023, Gree Electric announced that it had acquired 24.54% of the shares held by the existing shareholders of Gree Titanium at a price of about 1.015 billion yuan. After the transfer, Gree Electric directly held 55.01% of the shares of Gree Titanium and controlled 72.47% of the voting rights.

Diversification through investment

From the time line, 2017 is the starting point for Gree Electric to build the A-share investment map. The Securities Times reporter noted that this year was also an important watershed in Gree Electric’s performance growth.

In 2017, Gree Electric’s net profit historically exceeded 20 billion yuan, reaching 22.400 billion yuan. From 2011 to 2017, Gree Electric’s net profit increased from 5.237 billion yuan to 22.400 billion yuan, an increase of 328%.

Since 2017, the growth rate of Gree Electric’s net profit has continued to slow down. By 2023, the company’s net profit has not exceeded 30 billion yuan. From 2017 to 2023, Gree Electric’s net profit increased from 22.400 billion yuan to 29.017 billion yuan, an increase of only 29.54%.

The slowdown in Gree Electric’s performance growth is largely due to the saturation of the core product air conditioning market, which Dong Mingzhu has long recognized. At the second China Manufacturing Summit held in July 2016, Dong Mingzhu publicly shouted the slogan of "diversification". She said: "Gree will continue to take the air-conditioning industry as the pillar, vigorously develop new energy, household appliances, industrial products, precision molds, mobile phones, smart equipment and other emerging industries, and transform Gree from a simple household appliance manufacturing enterprise to a precision manufacturing enterprise to achieve diversified and steady development."

Since then, foreign investment has also been regarded by Gree Electric as an important means of diversification.

Among them, Haili Co., Ltd. is one of the upstream compressor suppliers in Gree Electric. As for the reason why Haili shares were listed twice, Gree Electric responded at that time that it aimed to expand the industrial chain structure and integrate high-quality industrial resources, and build an international enterprise with a more complete industrial chain by taking advantage of talents, information and innovation in Shanghai’s international status.

Dong Mingzhu also said in an interview at that time: "Haili has a long-term cooperative relationship with us, and we are Haili’s biggest customer. We don’t have to hold it, but we can participate. For this reason, we have become shareholders of Haili, and we can communicate better technically. We hope to make Haili bigger and become a world-class compressor factory, not to fight for control. We don’t rely on stock appreciation to make money, but hope to make Haili better. "

Wentai Technology and Sanan Optoelectronics are both related to semiconductors. Gree Electric previously announced that investing in Wentai Technology will help the company to increase cooperation with Wentai Technology in communication terminals, Internet of Things, intelligent hardware and other businesses. With the help of Wentai Technology’s 5G R&D capability, the company will strategically lay out the 5G industrial chain, rely on the company’s leading advantages in the air conditioning field, seize the huge business opportunities of smart home and Internet of Things under the 5G platform, shape the core competitiveness under the new situation, and realize the "diversified" steady and coordinated development in the fields of smart home, smart equipment and communication equipment.

Regarding the strategic shareholding in Sanan Optoelectronics, Gree Electric said that it will help the company’s central air conditioning, intelligent equipment, precision molds, photovoltaic and energy storage sectors to enter the semiconductor manufacturing industry, and at the same time, through cooperative research and development with Sanan Optoelectronics in the semiconductor field, it will help to further enhance the company’s technology accumulation in related fields.

Regarding the holding environment of Dunan, Dong Mingzhu personally responded at the 2021 annual general meeting of shareholders: "Gree rarely made mergers and acquisitions in the past, but as you can see, we recently acquired Dunan (Environment). This company is our long-term partner, providing us with accessories. When they were in the most difficult time, we couldn’t watch it collapse, so we lent a helping hand. We believe that this is to save others and a breakthrough for us, because our control over the industrial chain is more complete. "

Why turn?

Compared with a few years ago, Gree Electric’s investment layout turned to be cautious in 2024, and basically stopped the action of foreign investment in shares, and began to sell its shares of listed companies in the secondary market after entering the fourth quarter. Why did Gree Electric shrink its investment territory at this time?

"Previously, Gree Electric had outstanding business performance and sufficient cash reserves. In order to better manage cash and establish a strategic layout conducive to Gree’s long-term development, it made some equity investments. However, as Gree Electric’s demand for liquidity increases, the effect of some strategic cooperation is not as good as expected, so the action of reducing its holdings is made. " Shen Meng, director of chansons Capital, said in an interview with a reporter from Securities Times E Company.

The reporter noted that the third quarterly report of 2024 recently disclosed by Gree Electric is a good observation window. In the first three quarters of this year, Gree Electric achieved operating income of 146.722 billion yuan, down 5.34% year-on-year; The net profit was 21.961 billion yuan, a year-on-year increase of 9.30%. Among them, the operating income in the third quarter was 46.939 billion yuan, a year-on-year decrease of 15.84%; The net profit was 7.825 billion yuan, a year-on-year increase of 5.47%.

Gree Electric’s abundant cash flow used to be a solid guarantee for large-scale foreign investment, but in the first three quarters of this year, Gree Electric’s net operating cash flow was 12.712 billion yuan, a decrease of 67.89% compared with 39.596 billion yuan in the same period last year. The third quarterly report explained that the decline in the data was mainly due to the decline in cash received from the sale of goods and the provision of services.

Book monetary funds are also an important observation index. At the end of June, 2023, Gree Electric’s book monetary fund reached a new record of 191.654 billion yuan, and at the end of September, 2024, Gree Electric’s book monetary fund dropped to 111.397 billion yuan.

Kuang Yuqing, the founder of lens consulting, said in an interview with the reporter of Securities Times E Company that it is also a common phenomenon for large enterprises to shrink their investment map in the current environment. "These giant enterprises, including Tencent, are shrinking their capital and controlling investment risks, which is also the common influence brought by the overall external environment."

"Another important factor is that Gree Electric introduced Gao Xuan, the largest shareholder, during the mixed reform, and Gao Xuan also took on a large leverage when he became a shareholder. This also means that shareholders may put higher pressure on the performance growth of listed companies. In the case of relatively large pressure on the short-term main business, it is not excluded that the company will support its performance by realizing some investment projects with good returns. " Kuang Yuqing said.

In addition to the reasons for the profit reduction, the Securities Times reporter also noted that the strategic cooperation between Gree Electric and the invested enterprises may also be an influencing factor.

In 2017, 1.074 billion yuan of compressor purchases in Gree Electric came from Haili; In 2018, Gree Electric listed Haili shares for the second time, and the business cooperation between the two parties reached its peak. In that year, Haili shares sold products to Gree Electric for 3.028 billion yuan, accounting for about 26% of its total revenue.

From 2019 to 2023, the sales of Haili shares to Gree Electric were 2.678 billion yuan, 1.810 billion yuan, 2.311 billion yuan, 1.581 billion yuan and 1.093 billion yuan, respectively, and the overall sales continued to decline.

Although Dong Mingzhu has publicly stated that he "hopes to make Haili bigger", Gree Electric’s purchase from Haili shares has been declining since then. In the same period, the operating performance of Haili shares also showed a downward trend. In 2022, the net profit decreased by 89.02% year-on-year, and in 2023, the net profit decreased by 13.94% year-on-year. In the market’s view, the space for strategic cooperation between the two sides has become smaller and smaller, and the strategic goal of Gree Electric’s original shareholding may be difficult to achieve, so it is reasonable to reduce its shareholding.

Editor: Li Dan

Proofreading: Yao Yuan

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Dawn News Network-Dawn News On the morning of September 16, the activity of "Seeking Truth from the Crowd-Public Welfare Treasures" was held in the Municipal Museum. Li Guangning, former vice president of China Ancient Ceramics Research Association, and Wang Gang, former deputy stationmaster of Anhui Cultural Relics Appraisal Station, and other famous domestic cultural relics appraisal experts were invited by the host city museum to appraise the collection of folk cultural relics such as calligraphy and painting, jade, ceramics, bronzes and miscellaneous items for the public free of charge.

At the "Jianbao" site, citizens displayed their collections in order of appointment, and experts gave objective appraisal opinions on their materials, ages and techniques, and patiently answered questions for Tibetan friends. After expert appraisal, many folk collections with collection value were found, such as master calligraphy and painting, pottery in Song Dynasty, jadeite jade and so on. However, there are also some citizens whose collections are only handicrafts or fakes. Experts suggest that collectors need to strengthen their professional knowledge, accumulate experience and exercise their eyesight. The citizens who participated in the event said that the expert "Jianbao" had a good guiding role for folk collections, not only had a deeper understanding of the collections, but also learned professional knowledge.

It is understood that the "Jianbao" activity of the day was the identification of public welfare cultural relics. Experts only identified the authenticity and age of cultural relics, and were not responsible for the evaluation of cultural relics prices; The appraisal results are told orally on the spot, and no written conclusion of cultural relics appraisal is issued, which does not involve the identification of ownership of cultural relics and the use of auction, pledge, sale, gift and inheritance. The relevant person in charge of the Municipal Museum said that he hopes to publicize and carry forward China’s excellent traditional culture through experts’ free treasure collection, meet the needs of folk cultural relics identification, actively guide and standardize the collection of folk cultural relics, and raise the awareness of the whole people to participate in cultural relics protection.(Reporter Xu Lei)

Auto Show: The joint version of Warrior 917 will be unveiled.

Before the opening of auto china in 2024, we photographed the joint-name version of Warrior 917 (Picture | Configuration | Inquiry) which will be exhibited soon. The new car has added personalized decoration and outdoor equipment, and will be unveiled in auto china in 2024. For reference, the current Warrior 917 is available in extended range and pure electric models, with the guide prices of 637,700 yuan and 697,700 yuan respectively.

On the eve of the Beijing Auto Show, the shooting team in front captured the real car figure of the Warrior 917 joint version. This special edition model has added personalized decoration and outdoor equipment, and will be officially unveiled during the exhibition. Auto Show: The joint version of Warrior 917 will be unveiled, and the current Warrior 917 offers two options: extended range version and pure electric version.

In terms of design, the joint version of Warrior 917 wraps the car body with blue and black color matching personalized decoration, and outdoor facilities such as side curtains and top curtains are added to the roof, and the combination of 20-inch rims and red brake calipers is reserved. The car has a size of 4987/2080/1935 mm and a wheelbase of 2950 mm, and adopts a five-seat layout. Auto Show: The joint version of Warrior 917 will be unveiled.

The configuration in the car is based on the current model. The Warrior 917 is equipped with a 12.3-inch floating instrument, a 15.6-inch central control screen and a 12.3-inch passenger display screen. Safety and comfort functions include active braking, night vision system, L2 driver assistance, air suspension, front and rear differential locks, active steering system, and heating, ventilation and massage for the second row of seats. Auto Show: The joint version of Warrior 917 will be unveiled.

In terms of power system, Warrior 917 provides two power schemes: extended range version and pure electric version. The extended-range version is equipped with a 1.5T range extender with a maximum power of 145kW. With the three-motor system, the total motor power reaches 600kW, and the CLTC pure electric cruising range is 200km. The pure electric version is equipped with a four-motor system, the total power is increased to 800 kilowatts, and the CLTC pure electric cruising range can reach 505 kilometers.

Auto Show: The joint version of Warrior 917 will be unveiled.