McDonald’s and KFC are believed to be the memories of a generation of Chinese people.

Fund Jun remembers that when he first ate it, he traveled to Shenzhen as a child. At the first meal, he clamored for McDonald’s, because he had long yearned for it in front of the overwhelming TV advertisements at that time.

There is a joke that says: the first English letter learned by kindergartens or primary school students was basically not A, but M, the M of McDonald’s.

After the reform and opening up, McDonald’s is one of the first two "foreign fast food" from the United States to enter the China market. After more than 30 years in China, I finally sold China’s business to China people.

(The first McDonald’s restaurant in mainland China at the east gate of Shenzhen)

Let’s take a look at the opening of the first McDonald’s in China.

On October 8, 1990, the first McDonald’s restaurant in mainland China — — Guanghua Restaurant was grandly opened in Dongmen Commercial Pedestrian Street, Luohu District, Shenzhen.

The queue for buying fast food went from the third floor to the first floor of the restaurant, and then turned around the whole Guanghua several times. Many people from Shenzhen went to taste McDonald’s food with their families. The customers who came to watch the grand opening of McDonald’s restaurant packed more than half of Dongmen Commercial Street.

The number of employees serving the opening of the new restaurant is nearly 1000. In addition to the first batch of more than 400 employees in China, McDonald’s temporarily transferred more than 500 employees from the Hong Kong company to help.

Guanghua restaurant at that time could be settled in Hong Kong dollars or RMB. Unexpectedly, the front of the Hong Kong dollar settlement counter was crowded with Shenzhen people who were born and raised in Shenzhen. It is said that in order to come to McDonald’s to taste the fast food chain, they all prepared a sufficient amount of Hong Kong dollars in advance.

Yes, McDonald’s in China changed its name from "foreign" to "Chinese".

On August 4th, CITIC Hong Kong Stock Exchange announced that the acquisition of the controlling interest in McDonald’s business in China Mainland and Hong Kong was completed on July 31st. This will become the largest McDonald’s franchise business outside the United States, and the partners will operate and manage about 2,700 McDonald’s restaurants in China Mainland and Hongkong market.

CITIC announced on January 9th this year that CITIC, CITIC Capital Holdings, Carlyle Investment Group and McDonald’s, a subsidiary of CITIC Group, jointly announced that they had reached a strategic cooperation and established a new company. The new company will acquire McDonald’s business in mainland China and Hong Kong for a total consideration of up to US$ 2.08 billion (about HK$ 16.14 billion).

After the transaction is completed, CITIC and CITIC Capital will hold a total of 52% of the controlling shares in the new company, while Carlyle and McDonald’s will hold 28% and 20% respectively.

CITIC Group has a total of 176 companies with total assets of 2.1 trillion yuan, and its business involves finance, resources and energy, manufacturing, engineering contracting, real estate and other fields. In recent years, CITIC Group has also begun to lay out the consumption field. Just before the acquisition of McDonald’s China, Chunxin Capital, a subsidiary of CITIC Group, acquired 100% equity of Jianlibao Trade in the hands of Uni-President Group for 950 million yuan.

Quite simply, the good times in China market are gone.

Think about it, will you go to McDonald’s and KFC every day to solve the problem of eating?

The data shows that the market share of KFC and McDonald’s in China’s fast food industry has dropped from about 57% (40% and 17% for two brands respectively) to about 37% (24% and 13% for two brands respectively).

Unable to maintain high growth, the trick McDonald’s came up with to get out of the predicament is to sell its brand management rights in the China market for the next 20 years, including the management rights of 2,200 stores that are operating.

Both companies have obtained a lot of funds for this round of transactions, which will be an important source of their next investment from me. Both companies have a large number of restaurants waiting to be renovated — — No matter what kind of restaurant, young people want a more comfortable and fashionable dining environment. In order to find consumers in the fragmented market, they have to catch up with the trend of digitalization. These all need money, a lot of money.

Fund Jun did a search in Weibo. This kind of problem actually appeared.

Many netizens are asking:

Are there any cups, toilet paper, free wifi, ketchup and straws available for free?

You can’t get ketchup after that.

I just want to ask, when boycotting American goods in the future, should McDonald’s boycott [allow sorrow]

Can I go to McDonald’s to go to the bathroom in the future?

These strange questions can only be observed later.

Today, Fund Jun continued to talk about the development of overseas brands after Chinese capital acquired them.

On May 21st, 2012, Wanda announced the acquisition of AMC, the second largest cinema in the world, for US$ 2.6 billion. This is the first international merger of China’s cultural industry and Wanda’s total transaction amount is 2.6 billion US dollars, including buying 100% equity and taking on debt. According to the M&A agreement, after the completion of the merger, Wanda Group will take over 338 cinemas under AMC and operate AMC as its wholly-owned subsidiary, and at the same time inject no more than 500 million US dollars into it every year.

A masterpiece of Wanda’s overseas mergers and acquisitions is now caught in the dilemma of loss-making and layoffs. On August 2nd, AMC Entertainment Holding Company (hereinafter referred to as "AMC"), a subsidiary of Wanda Group, released its second-quarter performance forecast, with estimated revenue ranging from $1.2 billion to $1.204 billion, net loss ranging from $174.5 million to $178.5 million, and loss per share ranging from $134 to $1.36, compared with earnings per share of 24 cents in the same period last year. In the face of performance losses, AMC also indicated that it will cut costs through measures such as layoffs. However, under the situation that the global film market is relatively depressed, AMC faces greater challenges. For Wanda Group, the frequent performance difficulties of overseas assets are not conducive to the layout of Wanda Group’s global film and television industry.

In 2004, under the auspices of Yang Yuanqing, Lenovo acquired IBM’s PC business for a total price of 1.25 billion US dollars. This acquisition, which Lenovo called "snake swallowing elephant", made Lenovo become the third largest computer manufacturer in the world.

After the acquisition, Lenovo experienced a long run-in because of cultural conflicts and changes in management. Until 2008, Lenovo lost $226 million, and Lenovo CEO was changed from Amelio, who was originally from IBM, to Yang Yuanqing.

In the 12 months to the end of March 2017, Lenovo’s total revenue was $43 billion, a year-on-year decrease of 4%. It made a net profit of $535 million, but nearly 85% of it came from the income from selling houses in the past year. Other products, including personal computers, mobile phones and servers, contributed less than $100 million in profits.

In the past fiscal year, Lenovo’s PC business was not very good, facing the global environment of the fifth consecutive year of decline in shipments. And, although Lenovo’s market share as of the end of 2016 is still the first in the world, reaching 21.7%, the second-ranked HP has narrowed the gap from 1.8% to 1.3%. An important reason for the overall market search is that people don’t change computers as frequently as before: once in the past 3-4 years, now 5-6 years.

In October 2014, Lenovo Group acquired Motorola Mobility, with a total acquisition of about 2.91 billion US dollars, and Lenovo immediately became the third largest smartphone manufacturer in the world.

After the acquisition, nearly 3,500 employees from all over the world will join Lenovo, including about 2,800 employees in the United States.

Lenovo will adopt a dual-brand strategy, that is, the parallel strategy of MOTO and Lenovo. Moto will be a supplement to Lenovo’s high-end product line in China, and its product design, R&D and operation are completely independent.

Looking back at Lenovo Mobile’s strategy, it is widely believed that Lenovo failed to grasp the transformation of Internet mobile phones or the offline channel changes initiated by OPPO and vivo.

In terms of mobile business, the revenue of Lenovo’s mobile business group since 2014 decreased by 10% year-on-year to US$ 7.707 billion. Revenue outside the China market fell by 5.4%, and profit margin before tax fell by 1.9%. At the beginning of 2014, Lenovo still had the status of the second smartphone manufacturer in China, but in the past three years, its ranking dropped to ten, and it was overtaken by Huawei, Xiaomi, OPPO, vivo and other mobile phones.

On the morning of January 12th, 2016, the signing ceremony of Wanda Culture Group’s acquisition of American Legendary Pictures Company was officially held in Beijing. Wanda Group will acquire 100% of Legendary Pictures, a well-known Hollywood film and television production company in the United States, with a cash of no more than US$ 3.5 billion (about RMB 23 billion), which is also the largest cultural acquisition of China enterprises overseas. Thomas Tull, Chairman and CEO of Legendary Pictures, will remain in office and continue to be responsible for the day-to-day operation of the company.

One year after Wanda acquired Legendary Pictures, ThomasTull, founder, chairman and CEO of Legendary Pictures, announced his resignation.

On January 17, 2017, the American media "Hollywood Reporter" reported that Thomas Tour’s resignation was not voluntary, but was under pressure from Wanda. Wanda is dissatisfied with his management level and ability to operate the Great Wall, Pacific Rim 2 and other projects.

On January 19th, Dalian Wanda Group Co., Ltd. issued a statement saying that online media reported recently that Thomas, the legendary American CEO, resigned because of the failure of Great Wall. The report is unverified and seriously inaccurate.

On August 2, 2010, Geely Holding Group officially completed the acquisition of all the shares of Volvo Car Company, a subsidiary of Ford Motor Company.

When negotiating the acquisition of Volvo, Li Shufu met with Volvo engineers. The other party made a somewhat harsh request, asking him to explain in three words why Geely’s acquisition of Volvo is the best. The scene was a little tense, and the host tried to beat the circle. Li Shufu stopped him: no problem, I can answer, three words, very good, because, "IloveYou!" "

Seven years after Geely acquired Volvo’s passenger car business, the two sides plan to jointly enter the mid-to-high-end automobile market in the form of a joint venture.

On August 4th, Link Investment Co., Ltd. was established in Ningbo, Zhejiang. This is a three-party joint venture, with Geely Automobile Holdings Limited, Zhejiang Geely Holding Group and Volvo Car Group holding 50%, 20% and 30% respectively.

Many market participants are optimistic about the cooperation between Geely Automobile and Volvo. Ni Wei, an analyst at Everbright Securities, said in the research report that they are optimistic about the long-term cooperation between Geely and Volvo based on Lectra. "The company or its own brand will switch up one of the most certain targets." The research report predicts that the sales volume of the Lectra brand will reach 15,000, 150,000 and 300,000 respectively from 2017 to 2019.

In 2016, Haier Group announced on January 15th that it would acquire the home appliance business of General Electric (GE). The acquisition amount is $5.4 billion, which will take over the personnel of GE’s home appliance department and its business base in the United States. At the same time, it will also obtain intellectual property rights and "GE" brand, which will be used as a foothold for officially opening up developed countries such as Europe and America. GE and Haier also announced that they will establish a long-term strategic partnership and explore cooperation in industrial internet, medical care and advanced manufacturing.

On the evening of March 30, 2016, Midea Group announced that Midea intends to acquire 80.1% equity of Toshiba’s white goods business with its own funds of about US$ 473 million after negotiation between the two parties. With this transaction, Midea will receive 40 years of global authorization from Toshiba brand, more than 5,000 patents related to household appliances, and the markets, channels and manufacturing bases of Toshiba household appliances in Japan, China and Southeast Asia. However, Midea’s acquisition needs to undertake about $220 million in debt from Toshiba’s home appliances.

TCL Group, one of the pioneers in the field of household appliances in China, and Thomson Company, the fourth largest consumer electronics supplier in the world, formally signed an agreement in Guangzhou to reorganize their color TV and DVD businesses and form the largest color TV supplier in the world — — — TCL— Thomson electronics company. This is also the first time that China’s home appliance enterprises have merged the mainstream business of the world’s top 500 companies.

The total assets of the merger and reorganization of the two parties will exceed 450 million euros. TCL International Holdings will become the major shareholder of the joint venture company, accounting for 67% of the shares, while Thomson will hold the remaining 33%. The newly established joint venture company has more than a dozen production bases in Europe, America and Asia, with an annual sales of 18 million color TV sets, making it the largest color TV supplier in the world.

On June 21, 2016, Tencent announced that it had acquired 84.3% equity of Supercell after consulting with Finnish mobile game developer Supercell84.3% The transaction amount is expected to be 8.6 billion US dollars (about 56.6 billion yuan). Supercell is a game giant from Finland. As of March 2016, the number of daily active users (DAU) of its games has exceeded 100 million.

According to sources, any buyer of Supercell must agree to the condition that six founders control the company. The new owner can’t force an IPO or fire the existing management team. At present, Supercell has launched games such as Clash of Tribes, Cartoon Farm and Raiders of the Island for the global market. In contrast, Zynga, which has more mobile game products, has about 21 million daily active users, while Gameloft and Glu have about 19 million and 5 million respectively. King, the developer of Candy Legend, has more than 130 million daily active users. Among them, the "local tyrant game" and "clash royale", which are well known by netizens, were also developed by them.

Source: China Fund News (ID: China Fund News)

Reporter: Taylor

Recently, a head media launched a winter test in Mohe. In the extremely cold weather of -40℃, more than 50 new energy vehicles competed on the same stage, and the actual measurement was carried out around the core dimensions that users paid attention to, such as battery life, charging power, control and intelligence. Looking at the major lists, the million-level new energy hardcore cross-country looked up to U8 with excellent results and won six first places in one fell swoop. Among them, in the field of plug-in/extended-range vehicle segmentation, Wangwang U8 Deluxe Edition successfully won the pure electric endurance achievement rate, the maximum charging power and the average charging power TOP1, and it was ranked in the first echelon in the elk test on the open road and the static fake car test by ACC in the snow at night, and also got TOP1 in the voice interaction test of winter scenes.

Leading the three power systems, looking up to U8 has more hard-core cloud-P.

This winter test was carried out in the environment of -40℃, which put forward an extreme test for the test vehicle. Before all the tests, the participating vehicles should implement the uniform maintenance standard and strictly implement the same test conditions, so as to ensure the fairness of the test and truly simulate the user’s car use situation in winter. Under the harsh test conditions, Wangwang U8 first demonstrated the leading technical level of Sandian, and stood out from the crowd to obtain excellent measured results.

From a technical point of view, looking up to U8 depends on the blade battery first. Looking up to U8, it is equipped with the easy Sifang technology platform. Four motors form the core drive source, and each wheel is controlled by one motor. On this basis, it is equipped with a blade battery whose battery core is further upgraded to meet the ultra-high charge-discharge rate requirements of the Sifang system. Compared with the previous generation blade battery, it is expected that the blade battery can reach the original specific power of 220%, and the energy density of the battery is increased by 8%. Under the condition of not increasing the volume of the central battery pack, the existing battery pack can store more energy. At the same time, the blade battery equipped with U8 also supports up to 110kW DC fast charging, and it takes only 18 minutes to charge from 30% to 80% at the earliest, so that users can effectively avoid charging anxiety, and can quickly replenish power in a short time and improve the convenience of car use.

In the end, according to the measured results, the achievement rate of pure electric endurance of U8 in ultra-low temperature extreme environment still reached 58.6%, ranking first among all plug-in/extended-range models, which performed quite well. Moreover, in the test of 180W charging pile, its maximum charging power reaches 82.33kW, and its average charging power can also reach 57.41kW, which also ranks first among plug-in/extended-range vehicles.

In addition to the hard-core three-electric system, Wangwang U8 is also equipped with Yunqi -P intelligent hydraulic body control system. The system uses five dimensions of intelligent exploration, deep collaborative intelligent calculation of software and hardware, and intelligent control of three directions and six degrees of freedom to get through the whole link of perception, decision-making and execution, which can realize all-round intelligent control of the car body and comprehensively improve the maneuverability and comfort of looking up at U8. Coming to the ice and snow trial site in Mohe, Yunqi -P showed its ultimate strength. In the off-road elk test at 50km/h, the posture of U8 body is stable and controllable, and the safety and handling are fully guaranteed, and finally the G excellent rating is obtained.

Outstanding intelligent strength, looking up to U8 voice intelligent driving double first.

Another highlight of this media winter test is to test the reliability of vehicle intelligent system in low temperature environment. In the aspect of intelligent interaction, the media specially measured the voice interaction ability of winter scenes, and issued 30 voice commands in Mandarin, including 15 common commands, 5 fuzzy commands, 4 complex commands, 3 visible-to-talk commands and 3 wakeup-free commands. After testing, Wangwang Link intelligent human-computer interaction on U8 is outstanding, and the number of successful voice commands ranks first in the audience. Functionally, U8 supports continuous dialogue in the whole scene, and users can set the duration of continuous dialogue for 20s/60s/90s, and a wake-up call can continuously issue multiple instructions such as setting navigation, turning on air conditioner and turning on music. At the same time, the system also supports four-tone independent interaction, and each passenger can control the train independently with voice, with excellent recognition accuracy and command response speed.

In the field of intelligent driving, the media focused on AEB’s emergency braking ability and intelligent driving assistance ability, and conducted a rigorous test of "ACC battle in the snow at night". Finally, Wangwang U8 successfully passed the static fake car test in the snow ACC 60km/h at night, the static fake car test in the backlight ACC 60km/h at night, and the static fake car test in the backlight ACC 40km/h at night, and became the first echelon, which fully confirmed the technical level of its AEB system and intelligent driving system. It is worth mentioning that not long ago, BYD conducted an AEB test by looking up at the U8 test vehicle, and the top speed of successful braking and braking came to 130 km/h. Although the test video showed that this function has not been mass-produced on the car, it has fully demonstrated the leading position of BYD AEB technology.

Judging from the harsh winter test of the media, the strength of U8′ s hard-core products with real endurance, strong control and high safety has been fully verified, and the final test results are quite excellent. Just in the past December, Wangwang U8 Deluxe Edition ranked first in the sales of millions of new energy SUVs in the first complete delivery month with the monthly sales of 1,593 vehicles, which made Wangwang successfully become the first echelon of millions of high-end brands and created history. As a high-end brand built with the ultimate technology, I hope that I have completed the first step of "rushing" and the future can be expected.

　　CCTV News:The Ministry of Communications and the Ministry of Housing and Urban-Rural Development have issued new regulations to encourage the use of new energy vehicles to carry out time-sharing and encourage time-sharing operators to adopt credit model instead of deposit management.

　　The Guiding Opinions on Promoting the Healthy Development of Minibus Rental formulated by the Ministry of Transport and the Ministry of Housing and Urban-Rural Development was officially promulgated today. The Guiding Opinions includes 5 parts and 13 articles, including general requirements, laying a solid foundation for safety management, improving service capacity, encouraging time-sharing development and creating a good development environment.

　　It is understood that from June 1 to 14, the Ministry of Communications publicly solicited opinions on the Guiding Opinions on Promoting the Healthy Development of the Car Rental Industry. According to the suggestions, the Guiding Opinions were revised and improved: the scope of application was limited to the lease of minibuses; Enriched the relevant requirements of anti-terrorism prevention and added the contents of "maintaining public safety"; At the same time, the new format of time-sharing lease is standardized and managed.

　　What is a minibus??

　　Minibus refers to a minibus with seven seats or less. The "Guiding Opinions" clearlySmall minibus leaseIt refers to the operation mode that the minibus leasing operator delivers the minibus to the lessee for use within the agreed time, collects the leasing fee and does not provide driving services.

　　According to the Ministry of Communications, there are currently more than 6,300 car rental operators in China.The total number of leased vehicles is about 200,000.The market scale is growing at an annual rate of about 20%. but92.7% of car rental enterprises in China own less than 50 vehicles.It is difficult to implement network operation and form economies of scale.

　　In addition to insufficient service capacity,At present, there are no new laws and regulations for the car rental industry at the national level.. At the local level, only four provinces (cities) such as Beijing, Shanghai, Chongqing and Shanxi have issued special local regulations on car rental, while another 21 provinces only involve one or two principled provisions in the Road Transport Regulations and other relevant local regulations, while six provinces such as Tianjin, Hebei, Inner Mongolia, Guangxi, Hainan and Qinghai have not yet issued laws and regulations on car rental.

　　For the sake of vehicle insurance, scrapping and second-hand salvage value,At present, about 95% vehicles in the car rental market are registered as non-operating vehicles.As a result, it is difficult to guarantee the safety of vehicles, and users cannot get insurance compensation in case of traffic accidents.

　　In order to ensure the safety performance of leased vehicles and the legitimate rights and interests of users, the Guiding Opinions put forward requirements such as standardizing the management of leased vehicles and implementing the inspection system in real-name registration system. Rental vehicles shall be in accordance with relevant laws, regulations and technical standards.Go to the public security organ for registration., and in accordance with relevant regulations, carry out safety technical inspection, environmental inspection and scrapping of vehicles. Insure compulsory insurance and third party liability insurance according to the insurance rate corresponding to the registered nature of use.

　　To implement the identification system, minibus rental operators should have the facilities and equipment needed for identification and check the valid documents provided by the lessee.

　　Highlights of the new regulations ②: Encourage time-sharing of new energy vehicles.

　　In order to encourage the development of the new format of time-sharing lease, the Guiding Opinions proposes to consider the characteristics of time-sharing lease in non-intensive travel, reasonably determine the positioning of time-sharing lease in the urban comprehensive transportation system, and study and establish a vehicle delivery mechanism that is suitable for public travel needs, urban road resources and parking resources.

　　Time-sharing operators should improve their online and offline service capabilities, strengthen the intelligent organization and deployment of vehicles, and ensure the good safety of vehicles through daily inspections and self-inspection of vehicles by operators. Operators should adopt safe and compliant payment and settlement services to ensure the safety of users’ deposits and funds, and encourage the use of credit mode instead of deposit management.

　　This paper puts forward some support policies, such as encouraging public parking lots in crowded areas to provide convenience for parking time-sharing vehicles and exploring on-street parking concessions in cities. Encourage the use of new energy vehicles to carry out time-sharing leasing.

　　Highlights of new regulations ③: Promote the construction of parking spots in densely populated areas.

　　In order to improve the service ability of the industry, the Guiding Opinions put forward specific requirements from the aspects of infrastructure planning and construction and daily operation and management of operators. According to the local economic and social development and residents’ travel needs, it is required to formulate a development plan for minibus rental, and incorporate it into the comprehensive transportation system planning and urban comprehensive transportation system planning, strengthen the transfer connection between minibus rental and different modes of transportation, and promote the construction of transportation hub business outlets such as airports, railway stations, bus stations and ports, as well as parking stations in densely populated areas.

　　Encourage operators to use new technologies and new means to strengthen daily management and improve the convenience of car rental. Operators should improve network security protection measures and collect, store, use and protect personal information in compliance with laws and regulations. Strengthen the linkage between upstream and downstream industries and related industries, and promote the scale, networking and brand development of the industry.

　　List of other highlights

　　In addition, in order to further create a good development environment for the industry, the Guiding Opinions also put forward the requirements of accelerating the construction of system standards and promoting the resolution of outstanding problems such as illegal road traffic disposal of leased vehicles and fraud of leased vehicles. Accelerate the construction of credit system, establish a credit evaluation system for lease operators and lessees, and build a cross-departmental and cross-regional joint incentive and punishment mechanism.

　　The Guiding Opinions require that local transportation departments should formulate supporting policies, measures and implementation plans.

　　On August 2, the Ministry of Transport and other 10 departments jointly issued the draft of "Guiding Opinions on Encouraging and Regulating the Development of Internet Rental Bicycles", which clearly pointed out that the development of Internet rental electric bicycles is not encouraged.

　　Li Jiangping, inspector of the Traffic Management Bureau of the Ministry of Public Security, said that such regulations mainly consider that vehicles generally exceed the standard and do not meet the standard requirements of the General Technical Conditions for Electric Bicycles; Prone to traffic accidents; Fire safety hazards are prominent; High risk of vehicle operation safety; In addition, the battery pollution problem is serious.

　　　"AITO asked the M5 Smart Driving Edition to give me a big surprise. The experience it brought me in terms of intelligence is indeed industry-leading." After the test ride, Zhu Jun Orange, the owner of M7, said so.

　　A few days ago, the first AITO Wenjie M5 series car equipped with Huawei ADS2.0 advanced intelligent driving system and HarmonyOS Intelligent Cockpit 3.0 opened a test ride experience in Yuzhong District, Chongqing, which was also the first appearance of the car in Chongqing. Many consumers went to experience the new driving experience brought by Huawei’s advanced intelligent driving system, and the scene was very popular.

　　A motorcade waiting for consumers to try out. Photo courtesy of the organizer Hualong. com-New Chongqing Client

　　Chongqing is often called "8D Magic City" by netizens because of its complicated roads. He You, the owner of M5EV, mentioned that drivers who can drive in Chongqing can drive all over the country, and the intelligent driving system that can withstand the road test in Chongqing must be relatively mature. Huawei’s advanced intelligent driving system equipped with AITO’s M5 Intelligent Driving Edition has performed well in the trial ride in Chongqing.

　　It is understood that the trial route starts from chongqing heaven and earth, starts along Jiabin Road, passes Huacun Interchange, Jiahua Bridge and Lijiaping Interchange, and finally returns to chongqing heaven and earth. This line is located in the center of Chongqing, and there are endless traffic all day, including tunnels and many viaducts with complicated routes.

　　AITO asking the world M5 intelligent driving edition. Photo courtesy of the organizer Hualong. com-New Chongqing Client

　　During the test ride, Huawei’s advanced intelligent driving system always finds the right driving lane automatically according to navigation and road conditions under safe conditions, and actively seeks opportunities to enter. This broke the past cognition of many consumers on the scene about intelligent driving system, and broke their concerns about intelligent driving extending commuting time. "The intelligent driving system I used to know will always take the initiative to avoid it for safety," He You said. "But it is very flexible and will actively look for opportunities to change lanes and overtake."

　　Zhao Xinglin, the owner of Wujie M5, started the live broadcast when he tried to ride the AITO Wujie M5 version, and shared his driving experience with the riders who could not come to the scene. As an "old driver" who has been driving for nearly 20 years, she highly recognizes the intelligence of this model. In her view, the design of this intelligent driving system is very close to daily life and can respond to various problems encountered by car owners in the driving process in a timely manner. She said: "For example, when we are driving, we often encounter some drivers forcibly cutting in line, and AITO asks the M5 Smart Driving Edition to firmly hold its own lane at this time, while avoiding the safety hazards caused by this situation."

　　Event site. Photo courtesy of the organizer Hualong. com-New Chongqing Client

　　According to the staff, Huawei’s advanced intelligent driving system adopts Huawei’s first intelligent driving interactive game algorithm, which solves the problem that intelligent driving encounters difficult road conditions in complex scenes, and can solve more than 70% of the interactive scene takeover problems, shortening the transit time by 40%, making the driving performance of AITO’s M5 intelligent driving version more like an experienced "old driver".

　　In addition to the flexible "silky" experience, intelligent driving also brings more safety protection to car owners. Zhu Jun Orange, who is engaged in the IT industry, already knows a lot about intelligent driving system, but he was deeply impressed by the safety performance of Huawei’s intelligent driving system. After the test ride, he also had a higher degree of trust in the safety performance of the car’s intelligent driving system. He said: "Its lane change avoidance, acceleration and deceleration are all logical, and it can also simulate the driving habits of real people."

　　According to reports, the fusion sensing system of AITO Zhijie M5 Intelligent Driving Edition is equipped with an overhead lidar, three millimeter-wave radars, 11 high-definition camera groups for lateral and forward visual perception and 12 ultrasonic radars, which can realize the perception of moving and static targets. Its farthest detection distance is about 200 meters, and the horizontal detection angle reaches 120 degrees. In the face of pedestrians or animals suddenly rushing out of the blind area of view, or vehicles parked on the roadside suddenly open the door, it can also realize emergency braking or lane change avoidance, and protect the safety of people and vehicles to the greatest extent. "It protects every owner like a knight," Zhao Xinglin described the safety and reliability of this model.

　　Huawei ADS2.0 advanced intelligent driving system is a blessing for the safety of AITO’s M5 intelligent driving version, which is superimposed with the construction of HarmonyOS’s hot ecology. In addition, HUAWEI DriveONE three-in-one electric drive system helps improve the performance of this model, making it safer, smarter and better. Huawei is bringing new variables to the intelligent driving industry.

　　BEIJING, Oct. 14 (Xinhua) Recently, the popular anchor Ti mo Feng sent Weibo, saying: "The contract with DouYu has expired, and future cooperation is still under negotiation … … 。” Weibo, who is less than 100 words, caused a hot discussion among netizens, and once pushed Ti mo Feng to a hot search in Weibo.

　　Netizens are guessing, where is Ti mo Feng’s next stop? Where to? This may be a difficult choice for online celebrity anchors represented by Ti mo Feng in their career development.

　　From Ti mo Feng’s announcement of her freedom to her negotiation with Tik Tok Platform, all the signs show that Ti mo Feng wants to make a leap from online celebrity to a star. Her subsequent development will also become a typical sample for the outside world to observe the development of online celebrity anchor.

　　Ti mo Feng won a large number of fans on the live broadcast platform with her beautiful voice. Not long ago, she also held a solo concert in her hometown of Chongqing and attended variety shows such as talk shows. After moving to Tik Tok, Ti mo Feng has reached more than 30 million fans, trying to compete with first-line traffic stars such as Show Lo, Joker Xue and Yang Mi for fans and attention.

　　Although he occasionally ranks in the TOP10 of Tik Tok’s celebrity love dou list, Ti mo Feng may still have a long way to go to achieve the leap from online celebrity to celebrity.

Screenshot from the network Weibo

　　What is the work and commercial value?

　　For example, Show Lo, who ranks in the forefront of Tik Tok, has made numerous films and TV songs for more than 20 years, and his hosting programs are deeply rooted in the hearts of the people. Joker Xue won numerous music awards and was very popular. These stars also have commercial value, such as the release of Jay Chou’s new song, which earned 15 million music revenues overnight, which fully reflects the strong commercial appeal of the stars.

　　On the other hand, Ti mo Feng has gained some fans with several music works since her debut, but it is also confined to the live broadcast circle, far from reaching the popularity of first-line stars. More importantly, she didn’t come up with bright works to establish her star status.

　　In terms of revenue, in September 2019, Ti mo Feng’s data of small gourd ranked 38th on the fighting platform, with 895,000 monthly active fans in the live broadcast room and an average monthly reward of 209,000. Its income index ranks 30th in Betta platform, popularity index ranks 75th in Betta platform, and powder increasing index ranks 57th. The three indices in August ranked 43rd, 52nd and 28th respectively. Thus, Ti mo Feng’s commercial value is far from matching her status as a "fighting fish elder sister".

　　Does online celebrity anchor have strong entertainment system support?

　　A online celebrity wants to become a star, which requires not only his own professional ability, but also a perfect entertainment system. This entertainment system is rooted in the entertainment market, and it continuously supports a star’s popularity and market recognition through a series of means such as artist training, brand packaging, resource promotion, exposure and publicity. However, online celebrity anchor is rooted in the live broadcast soil and lacks the support of this entertainment system. It is very difficult to achieve the leap from anchor to star.

　　Then there is the short life cycle of online celebrity anchor. There is even a saying in the industry that online celebrity’s life cycle is only two years. For the predictable aesthetic fatigue of users, most anchors may not escape this fate. Fans like anchors that provide novel perspectives and unique experiences. When people get used to this method, they will get bored and finally start to pursue the next online celebrity. Therefore, under such circumstances, online celebrity anchor should extend his life cycle in the fields he is familiar with and good at. However, online celebrity anchor’s pursuit of stardom still faces great challenges.

　　What is the geometry of the anchor winner of job-hopping

　　If Ti mo Feng moves to Tik Tok, will it bring her a leap forward? On the contrary, many anchors have switched to other platforms, but few have developed better than before. For example, Brother Snake, the anchor of the fighting fish Jedi survival plate, quickly became popular because of his sharp play, handsome face and fighting fish flow blessing. However, in the end, Brother Snake broke his contract and left Betta, and went to Huya for live broadcast. His popularity declined and gradually became a second-line anchor. In addition, there are anchors such as Hyun Shen, Du Ji, Bai Yinfei, Bao Zi, etc. After they left the original platform, their status and popularity were not as high as before.

　　Industry analysts believe that this is related to the anchor not adapting to the new environment. On the original platform, the anchors are familiar with the ecological environment of the platform, and it is easy for the anchors to achieve the best live broadcast state. Once you switch to other platforms, the unfamiliar environment will affect the performance of the anchors. Secondly, this is related to the platform operation strategy. The anchor switched to other platforms, and these platforms hope that the anchor can bring fans to the new platform. But now the high-quality content of the platform leads to very high stickiness of fans. Only a few will migrate to other platforms with the anchor. Once the platform finds that these anchors can’t bring the expected traffic and revenue, it will reduce resource support and anchor revenue, and some anchors even return to the original platform.

　　Where should Ti mo Feng go? No matter how Ti mo Feng chooses, it shows the career development dilemma of online celebrity anchor. Faced with such a dilemma, Ti mo Feng may be the best choice to stay in Betta. After all, Ti mo Feng has been fighting fish for five years, Ti mo Feng and her fans are familiar with the ecology of fighting fish, and fighting fish has also made Ti mo Feng. The cooperation between the two sides may give Ti mo Feng more room for imagination in the future.

　　"Trams sell well, all because of the large fuel tank." Many investors are so ridiculous. Extended-range hybrid vehicles have eliminated consumers’ anxiety about the endurance of pure electric vehicles, and the share price of LI-W (02015.HK) has been hitting record highs, becoming the first component of the Hang Seng Science and Technology Index (HSTECH).

　　However, shortly after Ideal announced the delivery data of nearly 35,000 vehicles in August, the major shareholder Wang Xing couldn’t wait to continue to "sell and sell"; The growth rate of LI’s monthly delivery volume has slowed down significantly; In addition, in the context of the sharp rise in raw material prices, it is also facing more fierce competition in the price war of the whole vehicle. However, LI is determined to develop pure electric products that have suffered heavy bicycle losses.

　　Wang Xing reduced his holdings by nearly 2 million shares.

　　According to information disclosed by HKEx, Wang Xing, CEO of Meituan-W (03690.HK) and non-executive director of LI, reduced his holdings of LI for four consecutive days. From September 12th to 15th, Wang Xing reduced his holdings by 1,947,900 shares, with an average price of HK$ 157.84 to HK$ 160.51, and cashed in more than HK$ 300 million.

　　On September 3rd, LI announced that a total of 34,914 new cars were delivered in August 2023, up 2.28% from the previous month. So far, the cumulative delivery volume of LI in 2023 reached 208,200 vehicles, a year-on-year increase of 176.1%; In July, the delivery volume of 34,134 vehicles was only 4.7% higher than that of the previous month. The company expects that the number of vehicles delivered in the third quarter will be 100,000 to 103,000, a year-on-year increase of 277.0% to 288.3%.

　　Lin Jiayi, general manager of Xuanjia Fund, told the First Financial Reporter that the growth of LI’s monthly sales slowed down sharply, and the chip loosening and callback were predictable from the perspective of fundamental performance prospects, the continuous deterioration of industry competition and the poor liquidity of the capital market with high interest rates. In the dominant business, the space of family scene is limited, and its short moat may not be stable. The possible expansion of pure electric business is a highly competitive market.

　　Huang Xili, an analyst in soochow securities, said that the delivery in August was higher than that in the previous month, and the steady supply and delivery of vehicles and the continuous growth of terminal orders formed a positive cycle. By the end of August, LI had delivered a total of 208,200 vehicles, up 176.1% year-on-year, and its annual performance was worth looking forward to. In addition, the channel network layout has been accelerated and improved, and the terminal efficiency has been continuously improved.

　　On August 18th, Hang Seng Index Co., Ltd. announced the results of the index review. LI’s share in the Hang Seng Science and Technology Index will be reduced from 9.74% to 8%, and its share with six leading Internet companies will be 8%.

　　At present, most pure tram companies are still mired in losses, and some new forces sell a car, with an average loss of tens of thousands of yuan. However, LI, which has turned losses into profits, has to make efforts in this field to "further broaden the user base and open up incremental markets."

　　"The company plans to launch the 5C pure electric super flagship model in the fourth quarter of 2023, the ideal MEGA. The company is confident that the car will become an explosive model of more than RMB500,000. " LI said in the semi-annual report.

　　"In the new stage of parallel operation of extended-range electric and high-voltage pure electricity, we will continue to improve our research and development capabilities in the fields of intelligence and electrification, optimize our products and expand our product matrix. By 2025, our product matrix is expected to include a super flagship model, five extended-range electric vehicles and five high-voltage pure electric vehicles. " The company also said: "We currently have a manufacturing base in Changzhou, China to produce extended-range vehicles, and are building a manufacturing base in Beijing to actively expand production capacity and prepare for the release of pure electric vehicles."

　　Lin Jiayi believes that in recent days, major car companies are also constantly cutting prices, trying to maintain market share. Under this background, LI’s growth space is facing challenges.

　　Huang Xili said that MEGA is expected to be officially released in December this year, exhibited in stores in January 2024, and delivered by users in February. The launch of MEGA will help LI achieve the goal of being the first luxury car brand in China in 2024.

　　Cui Yan, an analyst at Huaxi Securities, believes that LI’s products should be judged not only by price or body form, but also by what kind of demand the products meet, which stems from the ideal understanding of users’ needs and the extensive demand for family cars. The company has great hope to replicate the success of the extended range series in the pure electric product line to gain greater market share.

　　Car companies whose downstream terminal prices are decreasing are also facing the situation that the upstream raw material prices are rising sharply, which will challenge the gross profit margin: within more than three months since the end of May, major industrial products such as copper and aluminum have risen sharply in three months, and the prices of raw materials have risen in an all-round way. In September, Shanghai Aluminum once approached the 20,000 yuan/ton mark, which caused certain cost pressure on auto parts and vehicle enterprises, especially for electric vehicles, and the demand for aluminum was increasing.

Press conference site (photo by Huang Yuting)

On October 15th, the Information Office of Jiangxi Provincial Government and the Provincial Department of Justice jointly held a press conference on "Improving the Arbitration System and Improving the Arbitration Credibility". Gong Hexing, deputy director of the Provincial Department of Justice, introduced the implementation opinions on improving the arbitration system and improving the credibility of arbitration in our province. Yang Guoan, full-time member of the Judicial Committee of the Provincial Higher People’s Court, Zhou Huaai, vice chairman of the Provincial Federation of Industry and Commerce, Wan Xiu Qi, deputy mayor of Nanchang Municipal People’s Government, and Zhang Zhonglan, director of the Notarization and Arbitration Division of the Provincial Department of Justice, attended the press conference and answered questions from reporters. Li Feng, deputy director of the Foreign Information Office of the Provincial Government Information Office, presided over the press conference.　

Li Feng, Deputy Director of the Foreign Information Office of the Provincial Government Information Office (photo by Huang Yuting)

Li Feng:

Dear journalists and friends,

Good afternoon, everyone. Welcome to the press conference of the Provincial Government Information Office.

Arbitration is an internationally accepted way to solve disputes, and arbitration law is an important law to solve civil and commercial disputes in China. In order to implement the requirements of the Central Committee for arbitration and better promote the healthy development of arbitration in our province, on September 23rd, the General Office of the Provincial Party Committee and the General Office of the Provincial Government issued the Implementation Opinions on Improving the Arbitration System and Improving the Arbitration Credibility (hereinafter referred to as the Implementation Opinions).

This morning, we are very pleased to invite Mr. Gong Hexing, member of the party group and deputy director of the Provincial Department of Justice, Mr. Yang Guoan, full-time member of the Judicial Committee of the Provincial Higher People’s Court, Ms. Zhou Hua Ai, vice chairman of the Provincial Federation of Industry and Commerce, Mr. Wan Xiu Qi, deputy mayor of Nanchang Municipal People’s Government, and Ms. Zhang Zhonglan, director of the Notarization and Arbitration Division of the Provincial Department of Justice, and ask them to introduce the implementation opinions and answer questions from reporters.

Next, please introduce the relevant information to Deputy Director Gong Hexing.

Gong Hexing, Deputy Director of the Provincial Department of Justice (photo by Huang Yuting)

Gong Hexing:

Dear journalists and friends,

Good afternoon everyone!

On August 30, 2019, the Sixth Meeting of the Comprehensive Deepening Reform Committee of the Provincial Party Committee reviewed and passed the "Implementation Opinions of Jiangxi Province on Improving the Arbitration System and Improving the Arbitration Credibility". On September 23, the General Office of the Provincial Party Committee and the General Office of the Provincial Government issued the "Implementation Opinions on Improving the Arbitration System and Improving the Arbitration Credibility" (Gan Ban Zi [2019] No.31, hereinafter referred to as the "Implementation Opinions"), requiring all localities and departments to conscientiously implement it in light of the actual situation. Today, mainly through the influential platform of the provincial government press conference, we briefly introduce the implementation of the central document and the implementation opinions issued by our province to friends in the press.

I. Relevant background and main features of the Implementation Opinions.

Arbitration is an internationally accepted way to solve disputes, and Arbitration Law is an important law to solve civil and commercial disputes in China, which has the institutional advantages of respecting the parties’ autonomy, convenience and efficiency. Arbitration, together with mediation, administrative adjudication, administrative reconsideration and litigation, has become an important part of diversified dispute resolution mechanism. Over the past 25 years since the promulgation of the Arbitration Law, arbitration institutions have closely focused on the work of the party and the state center, consciously served the overall situation of economic and social development, and properly resolved a large number of disputes. By the end of 2018, a total of 255 arbitration committees had been established nationwide, handling more than 2.6 million cases of various types, with a target amount of more than 4 trillion yuan, involving more than 70 countries and regions. The 12 arbitration institutions in our province have accepted more than 14,200 cases of various types, with a bid of 36 billion yuan, which has made important contributions to the economic and social development of our province. However, there are also some problems, such as political affairs are not divided, the management system is not smooth, the internal governance structure is not perfect, the competitiveness is not strong, the supervision and restriction mechanism is not perfect, and the support guarantee is not in place, which affects the credibility of arbitration and restricts the healthy development of arbitration.

The CPC Central Committee and the State Council attached great importance to arbitration. The Fourth Plenary Session of the 18th CPC Central Committee put forward the reform task of "improving the arbitration system and enhancing the credibility of arbitration", and the 19th CPC National Congress put forward to strengthen the construction of mechanisms to prevent and resolve social contradictions, which opened a new journey for the development of arbitration in Socialism with Chinese characteristics. In December last year, the General Offices of the General Office of the Central Committee of the CPC and the State Council issued Several Opinions on Improving the Arbitration System and Improving the Arbitration Credibility (No.76 [2018] of the Central Office, hereinafter referred to as "Several Opinions"), which pointed out the direction for the reform and development of arbitration in the new era and provided fundamental follow-up. In March this year, the National Arbitration Work Conference was held in Shanghai, and the proposal of "China Arbitration 2022" was put forward, which called for improving the arbitration system and enhancing the credibility of arbitration, implementing the arbitration law as the main line, perfecting the arbitration system and mechanism, constantly enriching the arbitration service mode, strengthening the construction of arbitration institutions and talent teams, and comprehensively improving the quality of arbitration.

The main features of our province’s "Implementation Opinions":

The first is to mark the center of the table. Focusing on the requirements of "improving the arbitration system and improving the credibility of arbitration" put forward by the central government, the tasks are decomposed and the measures are refined from the perspectives of implementing the arbitration legal system, improving the work management system, optimizing the governance structure and standardizing the development order of the industry. The second is to emphasize implementation. According to the system design, reform ideas and work requirements put forward in Several Opinions, combined with the actual situation in our province, specific projects are extracted, and the responsible units are determined to implement each item in the Implementation Opinions. The third is to pay attention to work innovation. In view of the fact that the arbitration work in our province has little influence and radiation ability, we should increase overall support and talent support, encourage the arbitration commission to reform and innovate in the system and mechanism, and demand that it be linked with the central and provincial classification to promote the reform of public institutions, which is in line with the spirit of the central government and the development trend of arbitration.

Second, the main contents of the "Implementation Opinions"

The Implementation Opinions consists of six parts, which are divided into 21 tasks and expressed in the logical order of "improving the arbitration system and improving the credibility of arbitration". First of all, improve and implement the arbitration system from two aspects: strictly implementing the arbitration legal system and rationalizing the arbitration management system; Then, we should pay close attention to optimizing the internal governance structure of arbitration institutions, strengthening the construction of arbitration professionals and cleaning up and rectifying the development order of arbitration to promote the credibility of arbitration. In addition, in view of the current situation that the development level of arbitration in our province is not high enough, the influence is small, and the regional radiation is not strong, a special train is set up to require relevant units to increase their support for arbitration work in various directions.

(1) Strictly implement the arbitration legal system. This is the basic point of the system, which strictly guarantees the implementation of the arbitration legal system in our province and strictly regulates the establishment and change of the arbitration commission. Strictly manage the branches of the Arbitration Commission and standardize its establishment procedures. If it is required that the Arbitration Commission and its offices be used as internal organs or subordinate units of administrative organs, the decoupling of people and property shall be completed before the end of this year, and the independent work of the Arbitration Commission shall be guaranteed without interference according to law.

(2) Improve the management system of arbitration. This is the fulcrum of work, and it is clear that we should pay close attention to the establishment of Jiangxi Arbitration Association and strengthen the self-discipline management of the industry. Standardize and strengthen the registration management of arbitration institutions, constantly improve the supervision and management system of arbitration work, and straighten out the responsibilities and authorities of the municipal government, the Municipal Bureau of Justice and the Provincial Department of Justice at all levels. In accordance with the principle of "who sets up, who is responsible and who supervises", the established municipal government performs the main responsibility of supervision, the municipal judicial bureau is entrusted by the municipal government to contact the arbitration work, and the provincial judicial department undertakes the arbitration work assigned by the provincial government, guiding and supervising the relevant localities and departments to do a good job in the implementation of the arbitration law and relevant policies of the central government.

(3) Optimizing the internal governance structure of the Arbitration Commission. This is a difficult point in the reform. We should strengthen the self-construction of the Arbitration Commission and strengthen its status as an independent legal person. Strict composition of the Committee, giving the Committee the right to decide on major issues. Study and implement the organic combination of the independent award of the arbitral tribunal and the management of the committee, improve various internal control systems, strictly implement the challenge system, and implement the systems of reviewing and reading arbitral awards, expert consultation on arbitration cases, and information disclosure of arbitrators to ensure the quality of arbitral awards. We will promote the pilot reform of arbitration institutions in an orderly manner and stimulate the endogenous motivation of offices. According to the requirements of promoting the reform of public institutions by classification, properly resettle the staff in the office, and rationally divert the staff to solve the problem. This work has been strongly supported by relevant departments such as the Provincial People’s Social Welfare Department.

(4) Strengthening the construction of arbitration professionals. This is the highlight of opinions. We should improve the selection and management of arbitrators, promote the professionalization of arbitration secretaries, continuously increase the training of arbitration professionals, build a team of arbitration professionals, improve their professional level, and provide professional support for improving their credibility. The reason why the construction of arbitration team is highlighted is that the development of arbitration depends on the support of talents, which has been approved by the Ministry of Justice.

(5) Increase support for arbitration. This is the focus of career development, strengthen the leadership of the party, and realize the full coverage of the arbitration industry by the party organization by 2020. Fully perform government duties, incorporate the development of arbitration into the local economic and social development and the evaluation system of the government ruled by law, promote arbitration to actively participate in grassroots social governance, ensure that arbitration will be stationed in the three platforms of public legal service entities, hotlines and networks before the end of this year, and ensure that the arbitration commission enjoys independent autonomy in people and property according to law. Improve the linkage mechanism of judicial supervision and increase judicial support for arbitration.

(six) to strengthen supervision and standardize the development order of the industry. Carry out special actions to clean up and rectify the development order of the arbitration industry, strengthen the supervision of employees, give play to the role of social supervision, standardize the development order of the industry, and enhance the social credibility of arbitration.

Dear journalists and friends, Jiangxi Arbitration will firmly grasp the historical opportunity, always adhere to the correct political direction and scientific professional service direction, take safeguarding fairness and justice as the foundation, improve credibility as the starting point, focus on resolving contradictions and disputes, provide high-quality and efficient arbitration services, and help the province’s economy and society develop by leaps and bounds. I sincerely hope that friends in the press will pay more attention to, care for and support the cause of arbitration in our province and help the healthy and orderly development of arbitration in our province.

I’ll stop here. Thank you!

Li Feng:Thank you, Deputy Director Gong Hexing, for your introduction! Let’s enter the question session. Please raise your hand and inform your news organization. Thank you!

Nanchang Radio reporter (photo by Huang Yuting)

Nanchang Radio reporter:We have noticed that the documents of the two offices have clearly defined a principle, that is, "who sets up, who is responsible and who supervises", and the arbitration commission of our province is set up by the municipal government with districts. Article 14 of the Arbitration Law clearly stipulates that "the Arbitration Commission is independent of the administrative organ and has no subordinate relationship with the administrative organ". I would like to ask Vice Mayor Wan Xiu Qi, who is responsible but not responsible. This seems to be a contradiction. Then, how can the government strengthen its support and guidance for the development of arbitration?

Wan Xiu Qi, Vice Mayor of Nanchang Municipal People’s Government (Photo by Huang Yuting)

Wan Xiu odd:Thank you for your question. You are very careful.

This time, the biggest feature of the provincial party Committee document is also the biggest highlight of the reform and development of arbitration in our province, which is to clarify the management system and mechanism of arbitration work. The "Perfecting the Supervision and Management System of Arbitration" in the second point and the fifth point of the document clearly stipulates that the established municipal government shall perform the main responsibility of supervising the arbitration commission; The Municipal Bureau of Justice is entrusted by the municipal government to contact the arbitration work; The Provincial Department of Justice guides and supervises the relevant localities and departments to implement the arbitration law and relevant policies of the central government, and undertakes the relevant arbitration work assigned by the provincial government. Thus, from the external management system level, the responsibilities and authorities of the municipal government, the municipal judicial bureau and the provincial judicial department are straightened out. It has broken the ambiguous management of arbitration institutions in our province for many years.

The arbitration law proposed by a reporter friend stipulates that the arbitration commission is independent of the administrative organ and has no subordinate relationship with the administrative organ, which means that arbitration should be carried out independently according to law without interference from the administrative organ. However, it does not mean that the arbitration institutions established by the government do not need any supervision and control, but should strengthen management and help support from the organization and outside.

In reality, some government functional departments in our province regard the arbitration commission as an internal organization or subordinate unit for a long time because of the origin of the establishment of the arbitration commission, which does not meet the requirements of the arbitration law and the central documents. In this regard, our province’s documents clearly require that any arbitration commission and its offices as internal organs or subordinate units of government departments should complete the decoupling of people and property before the end of this year. As a provincial capital city, Nanchang will take the lead in implementing the spirit of the documents of the Central Committee and the Provincial Party Committee, support and guarantee the autonomy of the Arbitration Commission in personnel, finance, salary system, etc., and give full play to the role of the Arbitration Commission in the diversified dispute resolution mechanism. In addition, the provincial party Committee documents also comprehensively sort out the responsibilities and support obligations that the government should bear in promoting the development of arbitration.

Jiangxi Internet reporter (photo by Huang Yuting)

Jiangxi Internet reporter:Arbitration, as a main legal system to solve civil and commercial disputes besides litigation in people’s courts, has become an important part of diversified dispute resolution mechanism. At the same time, judicial review of arbitration is an important content of arbitration laws in various countries and an important part of the design of arbitration top-level system. Excuse me, Yang Special Committee, how will the courts in our province strengthen the supervision and support of arbitration?

Yang Guoan, a full-time member of the Judicial Committee of the Provincial Higher People’s Court (photo by Huang Yuting)

Yang Guoan:Judicial review of arbitration in China includes support and supervision. In recent years, in accordance with the overall arrangement of the Fourth Plenary Session of the 18th CPC Central Committee "improving the arbitration system and enhancing the credibility of arbitration" and a number of judicial interpretations and normative documents issued by the Supreme People’s Court, courts in our province have properly handled arbitration judicial review cases and executed arbitration award cases in accordance with the law, made efforts to create an arbitration-friendly judicial supervision environment, increased support for arbitration, standardized the people’s courts’ exercise of arbitration judicial review power, and guaranteed and promoted the improvement of arbitration credibility. The main measures are as follows: First, the courts in the province earnestly implement the relevant judicial interpretation requirements, pay equal attention to support and supervision, encourage and standardize peers, support the arbitral awards made according to law, and provide strong judicial guarantee for improving the quality of arbitration. The second is to standardize the judicial review of arbitration and unify the judicial review standards of court arbitration in the province. Therefore, on the basis of investigation, our institute has formulated and promulgated the Guidelines for the Trial of Arbitration Judicial Review Cases of Jiangxi Higher People’s Court, which requires the courts in the whole province to conscientiously implement it, further tighten the arbitration judicial review procedures, and ensure the quality of arbitration judicial review cases. The third is to actively build an exchange platform and improve the docking mechanism of litigation and adjudication. At present, we are coordinating with the Provincial Department of Justice to jointly issue relevant guiding opinions on establishing the linkage mechanism between litigation and arbitration in our province in a timely manner. I believe that the promulgation of opinions will continuously improve the judicial review mechanism of arbitration in our province and further promote the development of arbitration in Jiangxi.

China Jiangxi Network reporter (photo by Huang Yuting)

China Jiangxi Network reporter:As we know, the arbitration system originated in Europe, and the earliest arbitration institution was the product of the activities of the chamber of commerce in the 19th century. After the introduction of arbitration system in China, the biggest contradiction and dispute solved is also in the commercial field. Practice has also proved that the arbitration system has played a very important role in the development of China’s commerce. Excuse me, Vice Chairman Zhou Huaai, how will the business circles in our province play the role of arbitration in commercial disputes?

Zhou Huaai, Vice Chairman of the Provincial Federation of Industry and Commerce (photo by Huang Yuting)

Zhou Huaai:Thank you for your question. You have a comprehensive understanding of the context of the civil and commercial arbitration system. Indeed, as early as ancient Greece in Europe, the arbitrator system has been used by Mediterranean coastal city-states and ports to solve commercial and maritime disputes, and even disputes between city-states It is basically after entering the stage of free market economy that the state recognizes and regulates arbitration in legal form. China has introduced the civil and commercial arbitration system since the 1990s. Before that, it was basically an administrative ruling with a strong administrative color. On August 31, 1994, the Ninth Session of the Eighth the NPC Standing Committee deliberated and passed the People’s Republic of China (PRC) Arbitration Law, which came into effect on September 1, 1995. This marked the formal establishment and operation of China’s modern civil and commercial arbitration system, and legally entrusted the Chamber of Commerce with the responsibility of participating in the establishment of arbitration institutions. For more than 20 years, arbitration has played an important role in solving commercial disputes, creating a good business environment, helping Chinese enterprises to go global and participate in international competition. The promulgation of the provincial party Committee document is an important and favorable thing for the business community in our province, and the business community will conscientiously implement the spirit of the document. First, actively participate in the formation of the arbitration commission, increase the proportion of business people in the members of the arbitration commission, and actively contribute to the construction of institutions and organizations. This is the right and obligation given to the Chamber of Commerce by the Arbitration Law. The second is to participate in the preparation and establishment of the Arbitration Association of our province. Encourage organizations and individuals of the Chamber of Commerce to actively apply to join the association and become members, so as to contribute to the construction of self-discipline mechanism in the arbitration industry.Third, strive to train more business people as arbitrators, and constantly improve and expand the intellectual structure of arbitrators.

Phoenix Net reporter (photo by Huang Yuting)

Phoenix Network reporter:We have noticed that there is a voice that there is profit-seeking and disorderly competition in arbitration institutions, and there are cases of expanding business, setting up branches at will and vying for the source of the case. May I ask Deputy Director Gong Hexing whether this document has any countermeasures against this disorderly competition, and how to do it specifically?

Gong Hexing:Thank you for your questions. With the development of arbitration for decades, it is true that branches are set up at will to expand their business. In view of this situation, the documents of the two offices have made specific and comprehensive arrangements. First, in the first paragraph, it is clear that the establishment of branches is strict, and the filing and reporting of the establishment of institutions are standardized according to law. The Arbitration Commission may, according to the needs of its work, decide to set up branches or agencies within its jurisdiction and report to the Provincial Department of Justice. If it is really necessary to set up outside the jurisdiction due to special circumstances, it must be approved by the municipal government where the Arbitration Commission is located and where it is established, and reported to the Provincial Department of Justice. The second is to deploy and carry out a special campaign to clean up and rectify the development order of arbitration. Regarding the specific requirements of the "seven prohibitions" put forward in the central document, it is clear that the established municipal government will bear the main responsibility for cleaning up and rectifying, and the Provincial Department of Justice will organize inspection and acceptance of the clean-up and rectification work in various places one by one, and the institutions that fail to pass the acceptance or violate the arbitration law and the provisions of Several Opinions in the future will be corrected according to the law. The third is to further play the role of social supervision. The Arbitration Commission is required to take the initiative to accept media and social supervision, and disclose the articles of association, arbitration rules, service processes, charging standards, annual work reports and financial budget and final accounts reports in a timely manner. In the next step, we will strengthen the construction of the credit system in the arbitration industry and establish a joint disciplinary system for arbitration institutions with malicious competition.

New Legal News reporter (photo by Huang Yuting)

New Legal News reporter:On December 31st last year, the Central Office and the State Council issued Several Opinions on Improving the Arbitration System and Improving the Arbitration Credibility. May I ask Director Zhang Zhonglan what are the key measures proposed by the central government to "reform and improve the internal governance structure of the Arbitration Commission" in the Implementation Opinions issued by our province?

Zhang Zhonglan, Director of the Notarization and Arbitration Division of the Provincial Department of Justice (photo by Huang Yuting)

Zhang Zhongyu:According to the different situations and existing problems of 12 arbitration institutions in our province, the Implementation Opinions put forward corresponding countermeasures from three aspects:

First, strengthen the self-construction of the Arbitration Commission. Improve the internal management system with the articles of association as the core, and strengthen the legal person status of the arbitration commission. Members of the Committee shall be selected and re-elected in strict accordance with the law, and the arbitration development plan, annual work report and financial budget and final accounts report shall be examined and approved in accordance with the articles of association, and candidates for directors, deputy directors, members and heads of executing agencies shall be elected, and major issues such as salary management and performance appraisal scheme shall be determined. Improve the rules of procedure of the Arbitration Commission, and strengthen the duties of the members of the Commission.

The second is to promote the pilot reform of the Arbitration Commission. Actively and steadily promote the reform of the internal management system of the Arbitration Commission, give the Arbitration Commission autonomy in personnel, finance and salary system, and gradually take the road of specialization and professionalization of the staff of the office. Encourage the committees with the nature of public institutions to reform the management system and operation mechanism first, and be consistent with the requirements of the central and provincial classification to promote the reform of public institutions. If the arbitration fee is converted into business service fee, it shall be implemented according to the general rules of enterprise finance and subject to supervision by the departments of finance, auditing, taxation and price. It is clear that the Arbitration Commission should set up an arbitration career development fund. Properly arrange the staff in the office. If the original staff members do not want to stay in the Arbitration Commission, they may, according to their personal status and the nature of preparation, be arranged by the municipal government to return to the corresponding units at the same level according to relevant regulations before the restructuring.

The third is to improve the internal supervision system of the Arbitration Commission. Study and implement the organic combination of the independent award of the arbitration tribunal and the management of the arbitration commission, and improve various internal control systems. Establish a supervision and restriction mechanism for members to serve as arbitrators, and strictly implement the withdrawal system. Establish an arbitration commission’s review system for arbitral awards, an expert consultation system for major and difficult cases, and implement an arbitrator’s information disclosure system to ensure the quality of arbitral awards.

Li Feng:Because of the time, today’s question-and-answer session ends here. Thank you, leaders, journalists and friends. Welcome to continue to pay attention to the construction of arbitration system. The Provincial Department of Justice has compiled news materials, and journalists and friends are welcome to download and view them. If you have any questions, you can consult, communicate or interview after the meeting.

Today’s press conference is over, thank you.

After crouching

The high temperature in various places continues to spread.

Some people don’t pay attention to it after heatstroke.

Wait until after severe heatstroke

The tragedy is irreversible …

In the past week, the emergency department of Sandun Hospital of Zhejiang Hospital has received many cases of heatstroke every day. A 30-year-old female patient with heatstroke (severe heatstroke) did not turn on the air conditioner at home, and the electric fan was given to the child. By the time the family found out that she was not in the right condition, the patient had fallen into a deep coma.

What took you so long? Her husband explained that "she is not afraid of heat at ordinary times". In the end, the doctors tried their best, but there was nothing they could do.

The doctor stressed that heatstroke is severe heatstroke, and the mortality rate is very high if the rescue is not timely. However, heatstroke usually does not happen suddenly. If there is threatened heatstroke or mild heatstroke, we must intervene in time, otherwise the symptoms will continue to worsen, such as heatstroke and even death.

On the social platform, related topics also rushed to the hot search.

Netizens said

"Poor inherit the wind"

Some netizens don’t understand her husband’s words.

Xiao Bian reminds that in high temperature weather, whether in production or life, we should guard against the personal safety risks caused by summer heat.

Eight Mistakes of Heat Shock Disease

Misunderstanding 1

Heat stroke is heatstroke, so it is not life-threatening.

Heat stroke is the most serious type of severe heatstroke. Heat stroke is not as simple as raising body temperature, but produces a series of terrible physiological reactions. Patients will have multiple organ failure, central nervous system dysfunction, disseminated intravascular coagulation and so on. If it is not properly treated in time, the death rate of heat stroke is very high, and the general death rate can reach 50%-70%, and the death rate of elderly patients over 70 years old will reach 80%.

Myth 2

If you have symptoms of heatstroke, you can cool down at home.

Heatstroke is extremely dangerous once it develops to the stage of heatstroke. When the patient has symptoms of heatstroke such as high fever, no sweat, blurred consciousness, convulsion, or even no response, don’t hesitate to call 120 in time and send him to the hospital as soon as possible.

Misunderstanding 3

Indoor, there will be no heat stroke.

Heat stroke is not exclusive to outdoor, and indoor small environment with high temperature and poor ventilation may also cause heat stroke. Decoration workers and workshop workers who stay in a closed space for a long time belong to the high-risk group of heat stroke; Some elderly people live in old houses with poor ventilation and no air conditioning, and are also prone to heat stroke.

Misunderstanding 4

If you don’t do strenuous exercise, you won’t get heatstroke.

Heat stroke can be divided into labor type and non-labor type, the former refers to strenuous exercise in summer and high-intensity physical activity; The latter is common in the elderly, infants, pregnant women and other people with slightly weaker physique. In the summer of 2022, there was an incident in Shandong where a woman suffered from fever during the confinement period and eventually died of heatstroke.

Myth 5

If the temperature is not high, it is not heatstroke.

Elevated body temperature is the main feature of heatstroke, and the core body temperature of patients is mostly above 40℃. The core temperature mentioned here is often reflected by rectal temperature. Our daily measurement of axillary temperature or ear temperature can only be used as a reference, and can not be used as a basis for the diagnosis of heatstroke.

Myth 6

Only in summer will there be heatstroke.

Heat stroke is not exclusive to summer. For example, workers who work in unventilated high-temperature factories for a long time, firefighters who face raging fires, and even people who steam saunas in winter may suffer from heat stroke.

Misunderstanding 7

In hot weather, eating more cold drinks can prevent heatstroke.

The most important thing to prevent heatstroke is to drink plenty of water, including white water, salt water and drinks containing electrolytes such as potassium, sodium and chlorine. Eating a lot of cold drinks will increase the burden on the stomach. Alcoholic drinks and high-sugar drinks will make the body lose water and are not recommended.

Misunderstanding 8

Women with weak constitution are more likely to get heatstroke.

Generally speaking, women’s heat adaptability is weaker than men’s, but a large number of clinical data show that there are more men suffering from heat stroke than women, which should be related to men’s more outdoor work and heavy physical activities. Such as outdoor high-temperature workers, steel workers, firefighters, athletes, soldiers participating in training, etc. are all high-risk groups of heat stroke.

Diffusion reminds people around you

The heat is scorching

Be sure to watch out for heatstroke!

Original title: "Rush to hot search! On a hot day, my mother gave her electric fan to her child and she was killed by heat.

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1905 movie network news On April 12th, the film Hot Search exposed the concept poster and officially announced the lineup. The film is directed by, starring, and tells the story of an explosive article by Chen Miao, editor-in-chief of the media, which accidentally involves a criminal case. Xin Yukun, the director of the high-profile crime film, partnered with Zhou Dongyu for the first time, which is really exciting.

The newly released concept poster is also fascinating. The poster is covered with endless digital barcodes. Zhou Dongyu’s eyes seem to be staring, but it also reveals a trace of helplessness. Under the shadow of her side face is the figure of Justin, just a twist, but people can’t help but get nervous. What kind of relationship they have and what they will experience are all curious.

Director Xin Yukun cooperated with Zhou Dongyu for the first time.

Focus on the just battle of the network

Director Xin Yukun is praised by many movie fans as one of the directors who can shoot crime movies best in China. His first work, Heart Labyrinth, ranks the highest in domestic crime movies on Douban platform and has become a classic of crime movies in the eyes of many movie fans. Director Xin Yukun became famous in one fell swoop, and won many domestic and international awards and nominations with this film. The second work, The Burst of Silence, has the same high score and high reputation, which makes foreign directors of high-scoring crime films also praise it. The film Hot Search is a new realistic work directed by Xin Yukun, and it is also his first collaboration with Zhou Dongyu, which is expected.

Unlike Xin Yukun’s first two films, which tell the criminal stories of marginal people, the film Hot Search closely follows the pulse of the times, focuses its vision on the network environment that is closely related to everyone, and strives to redeem people with realistic storylines and complex humanity, arousing broad and strong social resonance, with a particularly prominent sense of topicality and type.

Zhou Dongyu speaks for the weak.

Song Yang Justin was involved in the game

The film Hot Search tells the story that Chen Miao (Zhou Dongyu), the editor-in-chief of the media, accidentally receives the help of the client while tracking the topic event, and involves a criminal case. Chen Miao’s partner He Yan (Song Yang) and group president Peng Yue (Justin) are involved in it one after another. What is the truth? What are the dangerous secrets behind it? In the face of the parties’ help, how will Chen Miao respond? A just war with the network as the carrier is about to begin.

Zhou Dongyu’s role this time is Chen Miao, the editor-in-chief of the media, which is also her first time to challenge the role of a strong woman in the workplace. Mature and capable in modeling, brave and determined in character, which is quite different from the screen image she used to create. When Chen Miao put all her eggs in one basket to speak for the weak, she also completed her own human redemption. What kind of charisma and profound emotional resonance this role will bring to the audience is fascinating.

Original Du Zhiqiang titanium media

Image source: unsplash

▎ If Apple’s folding screen is released in 2027, then, in the face of Samsung and Huawei, which have been marketized for nearly 10 years, can Apple still "crush it"?

Author | Du Zhiqiang

Edit | Zhong Yi

This article is the first titanium media APP.

Recently, Apple, whose market value has evaporated by more than one trillion yuan, has become the target of "singing down" in the market. As a product that contributed more than half, the sales of iPhone in China market plummeted by 24% at the beginning of the year, which attracted many investors’ concerns.

For the iPhone, although it occupies an absolute leading position in the global high-end smart phone market, the innovation of squeezing toothpaste every year attracts many users’ dissatisfaction. After the strong return of Huawei, the position of iPhone in China market has also been faltering. As far as the current environment is concerned, AI will be a lifeline for Apple in the short term, but the specific planning and application are still unknown.

"Users and the market want to see Apple make real innovations in the form and design of products such as iPhone, instead of Applying a set of molds for many years," an industrial chain person spoke to the titanium media app.

Folding screen, as a category that has been in mass production for 5 years, has become a sharp weapon for non-iOS mobile phone camp to break through in the high-end market, and the market is also looking forward to the release of Apple folding screen.

Although Apple’s style is "conservative" and the requirements for products are very high, the folding screen has been delayed, which also puzzles many fruit powders. Before, there were many rumors in the market, but in the end they all went away.

Judging from the current news, Apple’s folding screen has been developed for several years and will be released around 2027, the 20th anniversary of the release of the iPhone. However, at that time, in the face of Samsung and Huawei, which have been marketized for nearly 10 years, can Apple’s folding screen be "crushed by the latecomers"?

Mobile phone, tablet, PC, what will be Apple’s first folding screen?

Counterpoint predicts that by 2027, the global shipment of folding screen smartphones is expected to exceed 100 million units. CICC research also pointed out that the iteration of folding screen products will accelerate in 2022, and it is estimated that the global shipment of folding screen mobile phones is expected to reach 80 million units in 2025.

It is worth mentioning that statistics show that the interest rate of iOS users in folding screen mobile phones has reached 58%, and rumors about Apple’s folding screen planning and cancellation in the market have been constant.

At the beginning of the year, it was reported that Apple suspended the development of the foldable iPhone because of concerns about the durability of the folding screen. It is understood that Apple has been in contact with Samsung Display and LG Display before, but from the samples given, it still does not meet Apple’s standards, which is the main reason why Apple suspended the foldable iPhone project.

However, judging from the progress of related patents, Apple is still accelerating the layout of folding screen products.

A few days ago, the list published by the US Trademark and Patent Office showed that Apple obtained a patent on folding screen, covering a variety of products including iPhone, tablet computer and notebook computer. By making textured glass by chemical method, the problem of glass breakage at the folding place is solved. Moreover, it can effectively deal with the crease problem of the folding screen.

It is also reported that Apple transferred some core personnel of the Apple Vision Pro team to the folding screen project team, and internal executives revealed that the release of the first folding screen iPhone will be postponed until 2026, and more advanced technologies will be adopted, which is expected to be thinner and lighter than competitors’ models.

Regarding the release plan of this online foldable iPhone, Tianfeng International analyst Guo Ming Yi said that his latest survey shows that the only foldable product that Apple has a clear development schedule at present is the MacBook with a display of about 20.3, which is expected to be mass-produced in 2027.

In addition, the above-mentioned industry chain people told the titanium media App that Apple will enter the folding screen market with a high probability, but the test will be the iPad first, not the iPhone. Let’s look at the market reaction of the folding screen through the market reaction.

What is certain is that Apple has been developing foldable products for many years. What is uncertain is what Apple’s first foldable screen product will be, which may be a mobile phone, a tablet or a laptop.

Titanium Media App believes that from the perspective of market maturity, mobile phones and tablets are more likely. If it is a mobile phone, it will be listed on the occasion of the 20 th anniversary of the release of the iPhone. If it is a tablet, it is more likely to test the water first in 2026 and explore the road for the foldable iPhone in the following year.

Get up early and catch up with late episodes.

The picky apple is "too slow"

It has been more than five years since the release of the first mass-produced folding screen. In the past five years, the number of folding screen players has expanded from Samsung and Huawei to Xiaomi, OPPO, vivo and Glory, and the double-digit growth rate has also become a "clean stream" in the declining mobile phone market.

Although the current volume of the folding screen is not very large, one thing is certain, the direction of the folding screen is not wrong. In the view of Titanium Media App, the innovation of the current smart phone market has reached a bottleneck period. Before revolutionary innovation, folding screens are the right direction for mobile phone manufacturers to seek increments and enhance their experience.

Image source: IDC

According to the latest data released by IDC, the China folding screen mobile phone market shipped about 7.007 million units in 2023, up 114.5% year-on-year. Since the launch of the first product in 2019, the folding screen mobile phone market in China has grown by over 100% year-on-year for four consecutive years.

Guo Tianxiang, a senior analyst of IDC China, revealed to Titanium Media App that according to the forecast data of IDC in November 2023, the expected shipment of folding screen mobile phone market in China will be around 10 million in 2024, with the year-on-year growth rate still exceeding 50%, continuing the trend of rapid growth.

Talking about the rapid development of folding screen mobile phones, Zhao Jun, CEO of TCL Huaxing, told Titanium Media App last year, "About five years ago, folding mobile phones began to enter consumers’ field of vision. Three years ago, the market size of folding mobile phones was less than 1 million. This year, the market size of the whole folding mobile phone is close to 20 million, probably between 18 million and 20 million. The global shipment of folding mobile phones is basically growing at several times a year. We believe that folding mobile phones are the main innovation and growth point of product innovation and iteration in the field of smart phones. "

In an article about Apple Vision Pro, Vanity Fair revealed that on the edge of Infinite Loop in Apple’s old campus, there is an unremarkable low-rise building called "Mariani 1", which contains some imaginary products that Apple is developing, including the foldable iPhone.

Domestic folding screen products in 2023, titanium media App drawing

Compared with Samsung and Huawei, Apple’s research on foldable products is not too late, and may even be earlier. However, in terms of the progress of mass production and the attitude towards the market, Apple is much slower. Even if the product requirements are high, if the foldable product is released in 2026, it will be seven years later than Samsung and Huawei.

In contrast, Apple Watch is only two or three years later than Samsung. According to the incomplete statistics of Titanium Media App, in 2023, a total of 7 domestic brands released 13 folding screen products, including left and right folding and up and down folding. Among the head brands, Apple has not released related products.

In fact, it is understandable that the foldable project has been "difficult to produce" because Apple is so slow. On the one hand, folding screens are currently aimed at high-end user groups, which is a weapon for domestic brands to break through, and this is also the main battlefield of iPhone. From the perspective of sales volume, the core position of iPhone in the high-end market has not wavered. In addition, although the folding screen has a high growth rate, the tens of millions of volumes are still a small category compared with the annual sales of smart phones exceeding 1 billion. Therefore, the smaller competitive pressure has not made Apple feel a sense of urgency.

On the other hand, there are still many problems with folding screens, such as creases, especially small creases, which will become more obvious after long-term use. There are also the balance between thinness and performance, system-level optimization, etc., which are also the development problems faced by folding screens. But in the face of the future, there is still a question. By 2026, can Apple really solve these problems? Or can’t Huawei and Samsung solve it?

In addition, considering the impact of the iPhone in the market, even if the volume is currently small, Apple should indeed accelerate the mass production of folding screen products. Guo Ming said that the market consensus of iPhone shipment in 2024 was 220-225 million units, and now it has started to be repaired, and it is close to its previous forecast of 200 million units. Guo Tianxiang pointed out that the folding screen, which has greatly improved the product form, is more likely to attract consumers’ attention and stimulate their desire to change machines.

More challenges lie ahead.

For Apple, once the folding screen product is launched, the initial big sale is foreseeable, and its strict requirements will inevitably lead to the promotion of the entire foldable industrial chain. It is understood that Samsung Display is a panel company that has more scandals with Apple. It is reported that if Apple mass-produces folding screen products around 2026, it will be exclusively supplied by Samsung Display, which has supplied panels for Samsung folding screen mobile phones for many years, and it will be more suitable for Apple’s requirements in terms of production and technical maturity.

However, in the later stage, based on cost considerations, Apple will also cooperate with more panel manufacturers, just like the straight iPhone, which will promote the improvement of domestic panel supply chain technology. At present, in the folding screen supply chain, domestic products are on the rise, but we must also recognize the gap. For example, in the folding screen patent, according to Watt Intelligence, the folding screen patent obtained by Samsung Display is four times that of global competitors, and it is still far ahead.

As one of the most anticipated products in the market, in addition to the release time, there are still many challenges before Apple. First, how to set the price. As we all know, the current price of iPhone has exceeded 10,000 yuan. How to divide the price of foldable version from that of straight screen, and in which range, is something that needs careful consideration. After all, no matter how strong the product is, once the price exceeds five figures, many people will still be discouraged.

The second is how to balance the product form, lightness and performance, and the choice of folding form. Guo Tianxiang pointed out that "thinness" has become the primary factor affecting consumers’ choice of folding screen mobile phones. However, if the pursuit of "thinness" blindly leads to the decline of reliability, it will directly affect consumers’ long-term choices in the future.

At the same time, the overall cost of up and down discounts is lower, which will attract more female users. However, from the perspective of usage scenarios, the experience brought by big discounts will be better. IDC’s data also points out that although the price of vertical folding products is relatively lower, horizontal folding products have been favored by more consumers in China because they can better reflect the big screen experience of folding screen mobile phones.

"In 2023, the market share of cross-folded products increased to 68.1%, up 10.4 percentage points year-on-year. At present, in addition to being convenient to carry, consumers still lack the necessary use scenarios, and there is also a significant gap between the experience and the straight board machine at the same price, and there is still room for improvement in product quality. "

Finally, it is the experience of software. For a folding screen, if you just make the screen bigger, it will only make this category "chicken ribs". After doing a good job in hardware experience, how to make users feel the improvement brought by folding screen in software ecology is particularly important.

Guo Tianxiang told Titanium Media App that when everyone’s hardware enters a basically similar situation in the future, the software experience will become more and more important. To really make consumers use folding screen products for a long time, it is still necessary to create more suitable use scenarios through software and give full play to the characteristics and advantages of folding screens.

At present, the whole folding screen industry is still rushing, which is just Apple’s current "dilemma". More importantly, it may be to solve the problem of EU fines and accelerate the process of AI. As for the folding screen, what the market hopes is not to "skip the ticket". After all, the ten-year plan to build a car can be abandoned, and the foldable iPhone has to be a big question mark.

(This article is the first titanium media App)

Original title: "Why is Apple’s folding screen so difficult to produce?" 》

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