On April 18th, the activity of "Leading Times Fengyun 2024 Chery Fengyun New Energy Night and Fengyun T9 Pre-sale" was held in Chery Qingdao Super Factory. At this conference, Chery officially released Fengyun’s future strategic plan, and at the same time opened the pre-sale of Fengyun T9, an ultra-luxury medium-sized electric hybrid SUV.

Strategic planning and upgrading of 11 new energy vehicles in two years

In China’s new energy market in 2024, independent brands have risen in an all-round way. Chery Group sold 529,604 vehicles in the first quarter, up 60.3% year-on-year, ranking second among all passenger car brands in terms of sales volume, ranking first in terms of growth rate, and also performing brilliantly in the new energy market, with new energy sales increasing by 124.3% year-on-year in the first quarter.

Zhang Guozhong, executive deputy general manager of Chery Automobile Co., Ltd., said that 2024 will be the year when Chery Group’s new energy strategy will bear fruit and its firepower will be in full swing. It is believed that in the second quarter, the growth rate of new energy of Chery Group will continue to "double" and enter the first camp of new energy. Since its official release in November last year, Chery Fengyun has continued to advance, launching Fengyun A8 and A8 voyage versions, and today Fengyun T9 will also open a new chapter in SUV. In the future, Fengyun series will fully cover the hybrid, extended-range and pure electric markets, and 11 new models will be launched within two years, covering SUV, SD and MPV categories, fully meeting the different market demands from A0 to C.

Zhang Guozhong, Executive Deputy General Manager of Chery Automobile Co., Ltd.

At the same time, Fengyun T9, an ultra-luxury medium-sized electric hybrid SUV, was put into pre-sale, with a pre-sale price of 159,900-199,900 yuan, which has four advantages: luxury and comfort, luxury safety, luxury quality and luxury performance. At the same time, Fengyun’s sales network has grown to nearly 400, covering 233 cities across the country, of which TOP100 City has covered 97%, allowing users to enjoy a more convenient and comfortable new service experience.

A new benchmark for ultra-luxury medium-sized electric hybrid SUV-Fengyun T9 opens for pre-sale.

Leading world-class factories create high-quality products for Fengyun sequence

The luxury quality of Fengyun T9 is inseparable from the strong empowerment of Chery Qingdao Super Factory. As the world’s leading 5G black light factory, Chery Qingdao Super Factory creates high-quality products with zero difference and zero defect for users with super automation, super intelligent quality control, the world’s strongest digitalization and the world’s strongest energy intelligent control. Chery’s persistence in quality stems from the inheritance of German "engineer" culture and has gone deep into the ultimate pursuit of every detail.

The world’s leading 5G black light factory

It is precisely because Chery always adheres to German luxury quality standards that Chery’s persistent pursuit of quality can be seen in the details of every Fengyun T9. Chery builds the German luxury quality of Fengyun T9 with its leading world-class factory. As Li Xueyong, deputy general manager of Chery Automobile Co., Ltd. said, Chery’s world-class super factory ensures that every car off the assembly line is a global car, and every China user buys a global car that meets global standards. Chery combines world-class technology with world-class factories to create a T9 with world-class standards and German luxury quality.

Li Xueyong, Deputy General Manager of Chery Automobile Co., Ltd.

Leading world-class hybrid technology to create a high-quality car suitable for the world.

The outstanding performance of Fengyun sequence stems from the strong empowerment of the world-class hybrid technology Kunpeng Super Hybrid C-DM. Since November last year, Chery Fengyun has frequently circled through a series of more realistic tests, showing the hard-core strength of leading hybrid technology with the most authentic data. Chery Fengyun has demonstrated its strength with many excellent on-site performances in many measured challenges, such as 2000km uninterrupted long cruising range with full oil and electricity, 1935.4km measured cruising range at minus 30 degrees, 1350km measured cruising range under extreme cold conditions, and 180km/h "true circle turning" for one hour to challenge the top speed of 205 km/h.

Open several times, the actual measurement continues to lead the generation.

Chery, which has always been user-centered, has built a global R&D system with 8 global R&D centers, 300+ Eta Ursae Majoris laboratories and 25,000+global R&D talents with a global vision and layout to meet the demand of global consumers for cars. At the same time, in order to ensure that the products can stand the test of road conditions and environment in different parts of the world, Chery Fengyun has carried out rigorous extreme environmental conditions verification in many parts of the world, creating a leading hybrid technology, providing high-quality guarantee for Fengyun products.

Kunpeng Super Hybrid C-DM

Leading world-class enterprise concept helps Fengyun compete for the global market.

Not long ago, Chery Fengyun became the official car of China National Women’s Volleyball Team. The spirit of Chery’s "Little Grass House", which resonates with the "Women’s Volleyball Team Spirit", has been running all the way from the small grass house, and now it has spread all over the world in more than 80 countries. One out of every three passenger cars exported from China is Chery. In the future, Chery Fengyun, which inherits the spirit of "small grass house", will continue to dominate the world automobile market.

Women’s volleyball world champions Zhao Ruirui, Wei Qiuyue and Yan Ni appeared at the press conference.

It will usher in a brand-new strategic upgrade sequence. With the empowerment of "Eta Ursae Majoris 2025" strategy, it will open a new chapter of "Fengyun Speed" and redefine the new energy travel experience with world-class hybrid technology, world-class super factory and world-class hybrid products.

　　General Secretary of the Supreme Leader pointed out: We must adhere to the road of cultural development in Socialism with Chinese characteristics, enhance cultural self-confidence, build a socialist cultural power around raising flags, gathering people’s hearts, educating new people, promoting culture and displaying image, and develop a national, scientific and popular socialist culture facing modernization, the world and the future. We must adhere to the fundamental system of Marxism’s guiding position in the ideological field, serve the people and socialism, let a hundred flowers blossom and a hundred schools of thought contend, persist in creative transformation and innovative development, develop advanced socialist culture under the guidance of socialist core values, carry forward revolutionary culture, inherit Chinese excellent traditional culture, and meet the people’s growing spiritual and cultural needs.

　　The Provincial Artists Association actively implements the Party’s implementation of the spirit of the 20th Congress, focuses on inheriting and carrying forward the spirit of Chang ‘an Painting School, making it bigger and stronger, adheres to the people-centered creative orientation, paints portraits of the times, sings songs for the people, paves the way for bridging the gap between "two new" talents, cultivates outstanding young successors, eulogizes the great achievements made by the people of all ethnic groups in China with excellent works, and promotes the spirit of the 20th Congress of the Communist Party of China to be deeply rooted in the hearts of the people.

　　In 2021-2022, the Provincial Artists Association held the "Art Exhibition Celebrating the 100th Anniversary of the Founding of the Communist Party of China (CPC) in Shaanxi Province" and toured the exhibition, "Celebrating the New Era and Striving New Journey — — Shaanxi Province Art Exhibition to Commemorate the 80th Anniversary of the Speech "Chang ‘an New Style — — Shaanxi Youth Art Exhibition "Celebrate the New Era of Top 20 Flower Painting — — Shaanxi Fifth Flower and Bird Painting Exhibition "and other large-scale exhibitions, and a number of art works have been selected for national exhibitions. Now the outstanding works of the exhibition are continuously exhibited and broadcast in WeChat official account.

　　Chang ‘an Xinfeng 　

　　Selected Works of Shaanxi Youth Art Exhibition 1

　　Fan Pengjie’s Chinese Painting of Zhe Bie Qualifiers

　　Wen Zhenxin’s "Looking at" Chinese Painting

　　Wu Lisheng’s traditional Chinese painting "Hurry Night"

　　Wu Sitong’s Chinese Painting "Dancing in Spring"

　　Luo Chunbo’s Chinese Painting "The Mystery of Xuanshan Red Valley"

　　Fu Bingqing’s "Mine Mouth Documentary" Chinese Painting

　　Bai Haihong’s Traditional Chinese Painting "Home"

　　Ni Chao’s Traditional Chinese Painting "Yellow River Drum Rhyme"

　　Hongtaosun’s traditional Chinese painting "Zhao Jin Feng Bei"

　　Zuo Yang’s "Xiongfeng" Chinese Painting

　　Bai Yangyang’s "The Empty Mountain is Colored" Chinese Painting

　　Guan Xuwen’s Traditional Chinese Painting "North Foot of Bashan Mountain"

　　Hao Shixuan’s Chinese Painting "Morning Dew Waiting for the Sun"

　　Hu Yanbeibei’s Chinese Painting "The Heart of Posture"

　　Li Zhengjin’s Chinese Painting "Peaceful Homeland"

　　Wei Yahong’s Chinese Painting "Peaceful Days"

　　Xu Xiaoli’s "Metamorphosis" Chinese Painting

　　Yang Feng’s Chinese Painting "Clear Sky"

　　Chinese Painting of Liu Chang’s "Central European Class Train"

　　Liu Dan’s Chinese Painting "The Way to the Green Country"

　　Xie Shifan’s Chinese Painting of Six Chapters of Shengping

　　Liu Haini’s "Golden Sunshine" Chinese Painting

　　Lu Shan’s Traditional Chinese Painting "The Inheritance of Prosperity"

　　Zhao Feige’s Traditional Chinese Painting "Autumn Rain Runshan Mountain Diecui"

　　Zhao Zihan’s "Chang ‘an Xinjian" Chinese Painting

　　Chinese Painting of Zhu Ying’s Watcher

　　Tao Ran’s Chinese Painting Escort

　　Zhang Qiying’s oil painting "Actually, I’m not very thoughtful"

　　Li Haibo’s oil painting "Shade on the Ground at noon"

　　Li Hua’s midnight oil painting

　　Li Wenshuo’s oil painting "The coldest winter"

　　Liu Junqiang’s oil painting "Hometown Relics"

　　Niu Yadong’s oil painting "Sunshine in March"

　　Song Xiaodi’s Oil Painting "Sujie Xiaojing"

　　Oil Painting of Tong Yusong’s One of the Prosperous Times

　　Wang Li’s Oil Painting "There are Poems and Distances"

　　Yang Chenghong’s Oil Painting "Intangible Heritage-Social Fire"

　　Zhang Bei’s Oil Painting Tide Head

　　Feng Zhang’s "Qiu Se" oil painting

　　Zhang Hao’s oil painting "Blooming Lily"

　　Gu Shuai’s oil painting "Cave in Northern Shaanxi"

　　Jess Weng’s oil painting "Qinwei"

　　Action program for building a socialist modern country in an all-round way

　　Jinlong Chen

　　(Dean and Professor, School of Marxism, South China Normal University)

　　The 20th National Congress of the Communist Party of China is a very important meeting held at the critical moment when the whole Party and the people of all ethnic groups in China have embarked on a new journey of building a socialist modern country in an all-round way and marched towards the goal of the second century. It is the prominent focus of the Party’s Report to the 20th CPC National Congress to plan the great practice of building a socialist modern country in an all-round way. The party’s Report to the 20th CPC National Congress has a large spaceIt systematically outlines the basic goals, strategic steps, major principles and specific practices of building a socialist modern country in an all-round way, and points out the direction and path of action for building a socialist modern country in an all-round way.

　　On October 16th, 2022, The 20th National Congress of the Communist Party of China（CPC） opened in the Great Hall of the People. The Supreme Leader made a report to the General Assembly on behalf of the 19th Central Committee. Xinhua News Agency reporter Yue Yuewei photo

　　First, the establishment of the goal of building a socialist modern country in an all-round way　　

　　After the goal of building a well-off society in an all-round way is realized, the goal of building a socialist modern country in an all-round way is put on the agenda. Report to the 20th CPC National Congress of the Party has made clear the mission and task of the Communist Party of China (CPC) in the new era and new journey, that is, "to build a socialist modernization power in an all-round way, realize the goal of the second century, and comprehensively promote the great rejuvenation of the Chinese nation with Chinese modernization".This not only clarifies the goal of building a socialist modernization power in an all-round way, but also explains the relationship between Chinese modernization and the great rejuvenation of the Chinese nation.　　

　　On building a socialist modern country in an all-round wayRelationship with building a socialist modern power in an all-round wayGenerally speaking, building a socialist modern country in an all-round way is a process, and building a socialist modern power in an all-round way is the goal and result of building a socialist modern country in an all-round way. Without the process, there will be no result.　　

　　We will build a socialist modernization power in an all-round way.And the great rejuvenation of the Chinese nation.Generally speaking, building a socialist modernization power in an all-round way is the basis and an important step in the historical process of realizing the great rejuvenation of the Chinese nation.　　

　　As far as the path of realizing the great rejuvenation of the Chinese nation is concerned,We should comprehensively promote the great rejuvenation of the Chinese nation with Chinese modernization. In his speech at the second plenary session of the Fifth Plenary Session of the 19th CPC Central Committee, General Secretary of the Supreme Leader stressed: "China should unswervingly promote Chinese modernization, promote the great rejuvenation of the Chinese nation with Chinese modernization, and constantly make new and greater contributions to mankind." The important thesis of "promoting the great rejuvenation of the Chinese nation with Chinese modernization" has been clearly put forward here. The third historical resolution deliberated and adopted by the Sixth Plenary Session of the 19th CPC Central Committee, when explaining the connotation of the Supreme Leader’s Socialism with Chinese characteristics Thought in the new era, emphasized that "upholding and developing Socialism with Chinese characteristics, the overall task is to realize socialist modernization and the great rejuvenation of the Chinese nation" and "promoting the great rejuvenation of the Chinese nation with Chinese modernization". Realizing socialist modernization and the great rejuvenation of the Chinese nation constitute the general task of upholding and developing Socialism with Chinese characteristics in the new era, and they are closely linked one after another. Chinese-style modernization is the necessary stage and inevitable choice to realize the great rejuvenation of the Chinese nation, laying a solid foundation and showing a bright future for the great rejuvenation of the Chinese nation.

　　After the practical exploration since the founding of New China, especially since the reform and opening up, the road of Chinese modernization has basically taken shape.In his speech at the Fifth Plenary Session of the 19th CPC Central Committee, General Secretary of the Supreme Leader summarized the basic characteristics of Chinese modernization.That is, the modernization with huge population, the common prosperity of all people, the coordination of material civilization and spiritual civilization, the harmonious coexistence of man and nature, and the modernization of peaceful development.Report to the 20th CPC National Congress of the Communist Party of China reiterated these basic characteristics and further elaborated them.Chinese-style modernization not only conforms to the reality of China, embodies the law of socialist construction, but also conforms to the development trend of the times, embodies the law of human social development, and opens up the correct road to realize the great rejuvenation of the Chinese nation. Defining Chinese-style modernization as the path to comprehensively promote the great rejuvenation of the Chinese nation is conducive to rallying the forces to realize the great rejuvenation of the Chinese nation, clarifying the relationship between Chinese-style modernization and the great rejuvenation of the Chinese nation, and dispelling the misunderstanding and prejudice of the international community in realizing the great rejuvenation of the Chinese nation.

　　II. Arrangement of Steps for Building a Socialist Modern Country in an All-round Way　　

　　Modernization is a broad and profound social change, involving all fields and aspects, and it is a long-term and phased process. The report of the 19th National Congress of the Communist Party of China comprehensively analyzed the international and domestic situation and China’s development conditions, and planned the steps of building a socialist modern country in an all-round way in two stages.In the party’s Report to the 20th CPC National Congress, General Secretary of the Supreme Leader reiterated the strategic steps of building a socialist modern country in an all-round way:Basically realize socialist modernization from 2020 to 2035; From 2035 to the middle of this century, China will be built into a prosperous, strong, democratic, civilized, harmonious and beautiful socialist modernization power.这一战略安排体现了现代化的过程性和阶段性。

　　党的二十大报告对到二〇三五年我国发展的总体目标进行了具体厘定，从综合国力、科技发展、经济发展、政治发展、文化发展、社会建设、生态文明建设、国家安全、国防和军队现代化等方面，勾勒了基本实现社会主义现代化的轮廓。这一界定相对于党的十九届五中全会对基本实现社会主义现代化远景目标的谋划，增加了建成科技强国、农村基本具备现代生活条件、社会保持长期稳定等内容。同时，党的二十大报告提出了未来五年全面建设社会主义现代化国家开局起步的主要目标任务。如此，全面建设社会主义现代化国家的阶段性目标日渐清晰和具体。

　　2019年10月1日上午，庆祝中华人民共和国成立70周年大会在北京天安门广场隆重举行。这是群众游行中的伟大复兴方阵。新华社记者 琚振华 摄

　　三、全面建设社会主义现代化国家重大原则的确立　　

　　全面建设社会主义现代化国家是一项伟大而艰巨的事业。最高领袖总书记在党的二十大报告中指出，前进道路上，必须牢牢把握以下五条重大原则：坚持和加强党的全面领导、坚持中国特色社会主义道路、坚持以人民为中心的发展思想、坚持深化改革开放、坚持发扬斗争精神。This is the concrete application of the historical experience of the party’s hundred years of struggle and points out the practical principles of building a socialist modern country in an all-round way.

　　Chinese-style modernization is a modernization with a huge population, which requires strong party leadership in order to coordinate all kinds of relations, resolve all kinds of contradictions, and give full play to the institutional advantage of concentrating on doing great things. General Secretary of the Supreme Leader pointed out in the Party’s Report to the 20th CPC National Congress: "Chinese modernization is the socialist modernization led by the Communist Party of China (CPC)". This is the essential feature of Chinese modernization, and upholding and strengthening the overall leadership of the party is the practical principle of building a socialist modern country in an all-round way. Socialism with Chinese characteristics Road is the only way to create a better life for the people and realize the great rejuvenation of the Chinese nation, and it is also the only way to build a socialist modern country in an all-round way. The party’s foundation lies in the people, its blood lies in the people, and its strength lies in the people. The people are the greatest strength of the party in governing and rejuvenating the country. Adhering to the people-centered development thought is the Communist Party of China (CPC)’s fundamental value position and the value orientation of building a socialist modern country in an all-round way. Reform and opening up is a key measure to determine the future and destiny of contemporary China. It is still necessary to persist in deepening reform and opening up in building a socialist modern country in an all-round way, and the process of building a socialist modern country in an all-round way is a process of deepening reform and opening up. The new process of building a socialist modern country in an all-round way has begun. China’s development has entered a period in which strategic opportunities and risk challenges coexist and uncertainties and unpredictable factors increase. Various "black swan" and "grey rhinoceros" incidents may occur at any time. General Secretary of the Supreme Leader pointed out in the Party’s Report to the 20th CPC National Congress,"We must enhance our sense of urgency, adhere to the bottom line thinking, be prepared for danger in times of peace, prepare for a rainy day, and prepare for a major test of high winds, high waves and even stormy waves." Building a socialist modern country in an all-round way needs to persist in carrying forward the spirit of struggle.The "Five Major Principles" are not only the major principles of building a socialist modern country in an all-round way, but also the practical requirements of building a socialist modern country in an all-round way.

　　Fourth, the planning of building a socialist modern country in an all-round way　　

　　According to the inherent law of Chinese modernization, Report to the 20th CPC National Congress of the Party made a concrete plan for the practice of building a socialist modern country in an all-round way:High-quality development is the primary task of building a socialist modern country in an all-round way; Education, science and technology and talents are the basic and strategic supports for building a socialist modern country in an all-round way; People’s democracy is the life of socialism and the proper meaning of building a socialist modern country in an all-round way; Adhere to the rule of law in an all-round way, promote the construction of China ruled by law, and build a socialist modern country in an all-round way on the track of the rule of law; To build a socialist modern country in an all-round way, we must adhere to the road of cultural development in Socialism with Chinese characteristics; Insist on safeguarding and improving people’s livelihood in development, encourage joint efforts to create a better life, and constantly realize people’s yearning for a better life; Respecting nature, conforming to nature and protecting nature are the inherent requirements of building a socialist modern country in an all-round way; Promote the modernization of the national security system and capabilities, and resolutely safeguard national security and social stability; Accelerating the building of the people’s army into a world-class army is a strategic requirement for building a socialist modern country in an all-round way; Promote world peace and development and build a community of human destiny; The key to building a socialist modern country in an all-round way and promoting the great rejuvenation of the Chinese nation lies in the party. These important conclusions,The practice of building a socialist modern country in an all-round way in the next five years or even longer is deployed, which actually points out the practical path of building a socialist modern country in an all-round way and shows the glorious prospect of building a socialist modern power in an all-round way.

　　In a word, Report to the 20th CPC National Congress of the Communist Party of China has made forward-looking thinking, overall planning and strategic layout for building a socialist modern country in an all-round way, which has become the action program for building a socialist modern country in an all-round way in the new era.

Comfort configuration is often linked to the quality of a car. Of course, the higher the comfort configuration, the more pleasant the passenger experience, which can give the car a higher evaluation. What I brought to my riders today is. Let’s take a look at its performance.

Let’s take a look at the appearance of the BMW 8 Series. The front of the BMW 8 Series looks very domineering and cool. Combined with the fashionable headlights, the visual effect coincides with the positioning of the whole vehicle. The car is equipped with LED daytime running lights, automatic opening and closing, adaptive far and near light, automatic steering, delayed closing and so on. Come to the side of the car, the car body size is 4857MM*1902MM*1350MM, the car uses fashionable and atmospheric lines, the side looks very round and lovely, with large-sized thick-walled tires, the shape is quite simple. In the design of the rear end, the overall shape of the BMW 8 Series rear end echoes the front end, and the taillights are very calm, and the overall shape is still very attractive.

Sitting in the car, the interior of BMW 8 Series looks very spiritual and makes people feel very soft. The steering wheel of the car is very clean and made of leather, and everything looks very dynamic and lively. From the central control point of view, the central control screen with 12.3-inch touch-sensitive LCD makes the interior design quite layered, and the details are still in place. Let’s take a look at the dashboard and seats again. The dashboard design is remarkable, giving people a very young feeling. The car uses leather seats, which are wide and thick, improving the ride experience of drivers and passengers.

BMW 8 Series is equipped with an automatic manual transmission (AT) gearbox, with an acceleration time of 5.5s per 100 kilometers, which has good power performance and is completely OK for daily use.

Looking at the configuration, the BMW 8 Series is equipped with car networking, driving mode selection, remote control key, interior atmosphere light, engine start and stop and other configurations.

OK！ Next, let’s sum up. The car introduced today is remarkable in terms of space, configuration and power, and home travel is also a good helper.

[car home Baoding Preferential Promotion Channel] Recently, the Baoding market ushered in a price reduction discount, with the highest discount amount reaching 55,000 yuan and the lowest starting price dropping to 169,900 yuan. This preferential activity is under way, and interested consumers can click "Check the car price" in the quotation form to strive for a higher discount.

The design of FAW-Volkswagen CC is very fashionable and dynamic. The front face adopts an atmospheric chrome grille, which is perfectly combined with sharp headlights, highlighting the perfect integration of luxury and dynamism. The body lines are smooth and the overall design style is streamlined, which leaves a deep impression on people.

FAW-Volkswagen CC has elegant side lines, with a body size of 4865*1870*1459mm, a wheelbase of 2841mm, a front tread of 1586mm and a rear tread of 1572 mm.. Equipped with 245/45 R18 tyre size, the rim design is fashionable and dynamic, which shows the perfect combination of sports and luxury.

The interior of FAW-Volkswagen CC adopts a simple and scientific design style, and a large number of high-quality materials are used in the car to create a luxurious and comfortable atmosphere. The steering wheel is wrapped in leather, which is comfortable and supports manual up-and-down and forward-and-backward adjustment, which is convenient for drivers to find the best driving posture. The center console is equipped with a 9.2-inch touch screen, and the built-in voice recognition control system supports the control of multimedia system, navigation, telephone and air conditioning, which improves the convenience and safety of the driver’s operation. In addition, the car is equipped with USB and Type-C interfaces, which are located in the front row and the back row respectively, which is convenient for passengers to charge various devices. The seat is made of leather /Alcantara mixed material. The main and co-pilot seats support multi-directional adjustment, including front and rear adjustment, backrest adjustment, height adjustment and lumbar support. It also has heating function, which improves the comfort and riding experience of the seat. The rear seats support proportional tilting, which further improves the flexibility and practicability of the space.

FAW-Volkswagen CC is equipped with a 2.0T 186 horsepower L4 engine with a maximum power of 137kW and a maximum torque of 320 N m. It is equipped with a 7-speed wet dual-clutch gearbox, which provides a strong power output and a smooth shifting experience.

The owner of car home spoke highly of FAW-Volkswagen CC. He mentioned: "I am quite satisfied with the appearance and power. The frameless door is really handsome, and the streamlined body side is also particularly beautiful. The tail shape of the hatchback is matched with a small duck wing. The power of the 380TSI is also on call and it is very cool to drive." This evaluation fully demonstrates the owner’s love and recognition of FAW-Volkswagen CC.

After buying shares in Lianhua Supermarket and Sanjiang Shopping, Alibaba once again bought shares in an offline retail giant: Gaoxin Retail Co., Ltd. (06808.HK), the listed entity of Taiwan-funded supermarket chain brand RT Mart.

On November 20th, Alibaba Group, Auchan Retail S.A and Runtai Group announced a new retail strategic cooperation. According to the strategic cooperation agreement, Ali invested about HK$ 22.4 billion (about US$ 2.88 billion, RMB 19.002 billion) through its wholly-owned subsidiary Taobao China Holdings Co., Ltd., directly and indirectly holding 36.16% of the shares of Gaoxin Retail.

The offer price of this transaction is HK$ 6.50, a discount of 24.42% compared with HK$ 8.60 before the suspension of Gaoxin Retail.

Taobao China Holdings Co., Ltd. is the operating entity of overseas business of Taobao and Tmall International. Runtai is the parent company of RT Mart. This transaction means that the largest supermarket group in China, represented by RT Mart and Auchan, will join the new retail system promoted by Alibaba in terms of business model and capital structure.

After the Hong Kong stock market opened on the same day, the retail share price of Gaoxin opened higher by more than 5%, and then fell by more than 10% all the way down, but the share price rebounded thereafter. As of press time, it has remained flat.

The largest supermarket group in China, represented by RT Mart and Auchan, will fully embrace new retail.

Gao Xin’s chairman intends to resign, and Ali will get a seat on the board.

The equity of Gaoxin Retail is more complicated. Before the transaction, the major shareholders of Gaoxin Retail included: Jixin Holdings (holding 51%), Kofu (holding 7.84% directly), Auchan Retail International (holding 9.71% directly) and CGC (holding 8.46% directly). Among them, Jixin is a special company for the listing of Gaoxin. Auchan holds 51% of the company’s shares and Runtai holds 49%.

After this transaction, the economic benefits of Auchan Retail, Alibaba and Runtai in Gaoxin Retail are about 36.18%, 36.16% and 4.67% respectively. Ali is the second largest shareholder of Gaoxin Retail.

According to the announcement of Gaoxin Retail on the Hong Kong Stock Exchange, after the delivery, Zheng Quantai, Chairman of Gaoxin Retail Board, non-executive director and Runtai senior executive, Gao Xin executive director, Chairman and CEO of RT Mart and Huang Mingduan, Runtai senior executive, intend to resign from the board of directors, which will take effect on the day immediately after the first deadline of the offer. The offeror intends to nominate a new director to join the board of directors, and the effective date will not be earlier than the date of the comprehensive document or a date approved according to the Takeover Code.

According to media reports, Bin Yuan, co-CEO of RT Mart flying cow net, said: Mr. Huang Mingduan, Chairman of RT Mart, will continue to take charge of RT Mart and lead the original senior management team to integrate online and offline advantages.

Analysts said that although Ali is not the largest shareholder, this arrangement may seem that Ali has a good relationship with Auchan and may further control Gaoxin retail in the future. The case that can be referenced is that Ali bought and privatized Yintai Commercial Company after three years of strategic investment and shareholding.

Cooperation Taobao Daojia

In addition to equity transactions, relevant parties also reached an agreement on business cooperation.

Hangzhou Alibaba Zetai Information Technology Co., Ltd., Gaoxin Retail, Auchan China and RT Mart China, wholly-owned subsidiaries of Ali Group, will enter into business cooperation agreements.

According to the agreement, Hangzhou Ali Zetai will provide a number of services as part of its "Taobao Home" service to stores operated by Gaoxin Retail. Specifically, it includes: the shops operated by Auchan China and China, RT Mart approved the use of their business model and online platform; Share data; And the integrated system and POS hardware.

"Taobao Home" aims to operate a business model that allows traditional supermarkets and supermarkets to increase their business efficiency by using Internet technology and Taobao traffic.

I have also contacted Tencent and Suning.

Under the background of sluggish physical retailing, Gaoxin Retail still holds the top spot among overseas chain enterprises in China market. Gaoxin Retail is the largest hypermarket operator in China, operating 446 hypermarkets in 29 provinces, municipalities and autonomous regions in China under the brands of Auchan and RT Mart.

The financial report for the third quarter of 2017 just released by Gao Xin shows that the company’s turnover in the first nine months of 2017 as of September 30 reached 79.030 billion yuan, a year-on-year increase of only 2.2%. Gross profit was 18.689 billion yuan, up 3.5% year-on-year.

In February this year, there were rumors that Gaoxin Retail was in close talks with Alibaba to seek to sell its shares. Yin Yanliang, president of Runtai Group, the major shareholder of Gaoxin, even said that Ali, Tencent and Suning are all "pursuing" RT Mart. However, Ali responded at that time that he did not comment on market rumors.

After the announcement of the transaction on November 20, Huang Mingduan, vice chairman of Runtai Group, said that in recent years, due to the rise of the mobile Internet, the demand of consumers has undergone tremendous changes, and Gao Xin has been trying to move from offline to online. Run Taile sees Gao Xin and Alibaba joining forces and working together online and offline to satisfy customers.

Zhang Yong, CEO of Alibaba Group, said: "Physical stores play an indispensable role in consumer shopping. In the modern digital economy, they should be optimized through personalized product recommendation driven by big data."

Alibaba is opening the new retail model to retail partners to promote online and offline integration and comprehensive improvement of commercial internetization. Alibaba has successively invested in or acquired traditional retail companies such as Yintai, Suning, Sanjiang and Lianhua Supermarket under Bailian, and created new retail formats such as Box Horse Fresh Life, promoted the intelligent upgrade of physical stores with brands, and strategically invested in the digital infrastructure of retail formats. Shiji Company.

In May this year, several supermarkets in Sanjiang Shopping completed digital transformation. In July, the online transaction amount exceeded 25% of the total number of stores, and a large number of new members were obtained, while the turnover of old members also increased by 18%.

Attachment: Progress of New Retail Layout in Ali

In April 2014, Alibaba made a strategic investment in Yintai Commercial with HK$ 5.37 billion.

In August 2015, Ali invested in Suning with a strategy of about 28.3 billion yuan, becoming the second largest shareholder; Suning will subscribe for no more than 27.8 million shares of Ali’s newly issued shares in 140 yuan RMB; The two sides will open up online and offline to comprehensively improve efficiency and provide more perfect commercial services for consumers in China and around the world.

In November 2016, Sanjiang Shopping announced that it had obtained Alibaba’s investment, and Hangzhou Alibaba Zetai Information Technology Co., Ltd., a subsidiary of Alibaba Group, purchased 32% of Sanjiang Shopping, and the two established a joint venture company.

In January, 2017, Alibaba Group, together with Shen Guojun, the founder of Yintai Commercial (Group) Co., Ltd., asked Yintai’s board of directors to submit a proposal to its shareholders on the privatization of Yintai through agreement. The maximum cash required to complete the proposed transaction is about 19.8 billion Hong Kong dollars (about 17.7 billion yuan). According to the privatization agreement, Alibaba will become the controlling shareholder of Yintai after the transaction is completed, and its shareholding ratio is expected to increase to about 74%.

In February 2017, Alibaba Group and Bailian Group announced a strategic cooperation in Shanghai, and said that they would carry out all-round cooperation based on big data and Internet technology in six areas: all-business integration and innovation, new retail technology research and development, efficient supply chain integration, member system interoperability, payment financial interconnection and logistics system coordination.

In May 2017, Alibaba Group signed the Equity Transfer Contract with Yiguo Fresh, and Alibaba Group acquired 18% equity of domestic shares in Lianhua Supermarket from Yiguo Fresh. According to the announcement of Bailian Group, Alibaba received 201,528,000 domestic shares, accounting for 18% of the issued share capital of Lianhua Supermarket, becoming the second largest shareholder. Yiguo Fresh still holds 1.17% of the shares.

On November 20, 2017, Alibaba Group, Auchan Retail S.A (Auchan Retail) and Runtai Group announced a new retail strategic cooperation. According to the strategic agreement, Alibaba Group will invest about 22.4 billion Hong Kong dollars (about 2.88 billion US dollars, 19.002 billion yuan) to directly and indirectly hold 36.16% of the shares of Gaoxin Retail.

Dear friends, have you ever been worried about choosing a car? AT, CVT, DCT, these terms are dazzling. Today, I will give you a general idea of the difference between these gearboxes, so as to help you not be confused when choosing a car.

1. Manual gearbox (MT)

First of all, we have to talk about the manual gearbox, which is MT. This kind of gearbox needs us to do it ourselves and shift gears according to factors such as speed and speed. It’s like a "hands-on" friend, which needs us to worry more. But it is this "hurry-scurry" that makes many people feel that MT is a bit troublesome. Moreover, many novice drivers are not sure about the timing of shifting, and it is easy to have problems such as frustration and flameout. So, MT gearbox is more suitable for drivers who like driving and pursue a sense of control. Low fuel consumption, cheap maintenance and high durability.

2. Automatic gearbox (AT)

Automatic gearbox, that is, AT, can be said to be the gospel of lazy people. Step on the accelerator and the gearbox will automatically help you choose the right gear. There is no need to worry about the frustration caused by the wrong shift timing. Moreover, the AT gearbox has fast response speed and smooth shifting, which makes driving easier. However, AT gearbox also has its shortcomings. First of all, its cost and maintenance are relatively high; Secondly, some AT gearboxes will feel frustrated at low speed. So, AT gearbox is more suitable for friends who pursue driving comfort.

3. Continuously variable transmission (CVT)

Continuously variable transmission, that is, CVT, can be said to be the "chameleon" in the transmission. It is not in the traditional sense, but transmits power through two cone wheels and steel belts. This means that it can continuously change the transmission ratio and make the acceleration of the vehicle smoother. CVT gearbox performs very well in urban commuting and daily transportation, and its fuel consumption is relatively low. But ah, CVT gearbox also has its shortcomings. For example, its carrying capacity is relatively small and it is not suitable for intense driving; For another example, some CVT gearboxes will slip when accelerating rapidly. So, CVT gearbox is more suitable for friends who pay attention to economy and comfort.

4.（DCT）

Dual clutch gearbox, namely DCT, can be said to be the choice of high-end players. It combines the advantages of manual gearbox and automatic gearbox, and has the characteristics of fast response and smooth shift. At high speed, DCT gearbox can provide better acceleration performance and fuel economy. But ah, DCT gearbox also has its shortcomings. For example, its manufacturing cost is high; For another example, the technical requirements for drivers are relatively high. So, DCT gearbox is more suitable for friends who pursue high performance and driving pleasure.

Having said that, everyone should have a general understanding of these gearboxes. Actually, which gearbox to choose depends on your own needs and preferences. If you are a driver who likes driving and pursues a sense of control, then MT gearbox is definitely the best choice. If you are a friend who pursues driving comfort, then AT gearbox is definitely more suitable for you. If you are a friend who pays attention to economy and comfort, then CVT gearbox will definitely not let you down; If you are a friend who pursues high performance and driving pleasure, then DCT gearbox can definitely meet your needs. Personally, I recommend Aisin and ZF AT gearbox, but CVT doesn’t recommend it.

Finally, what I want to say is that no matter what kind of gearbox you choose, safety is the most important. So, while enjoying driving, we should always remember that safety comes first! I hope this article can be helpful to everyone, and I wish you all the best in choosing your favorite model! If you like it, just like it. If you don’t like it, just say something about me.

Since China began to vigorously develop the new energy automobile industry, it seems that bosses from all walks of life want to "get involved" in the automobile field. On October 11th, Gree Electric established "Shanghai Gree Automobile Technology Co., Ltd.", with a registered capital of 20 million yuan, and its legal representative is Zhong Chengbao, assistant to the president of Gree Electric. After the news was exposed, many people speculated that Dong Mingzhu was going to "build a second car". Could it be that after being "scrapped" as a large-sized Gree titanium, it is now necessary to revitalize the trumpet?

However, according to public information, the main business scope of this new company in Gree Electric does not involve automobile manufacturing, and its main business scope is only automobile parts research and development, automobile parts and accessories manufacturing, industrial robot manufacturing, industrial robot sales, industrial Internet data services and so on.

It can be seen that the statement that Dong Mingzhu wants to build a second car is obviously untrue. According to the analysis of relevant people, the establishment of Shanghai Gree Automobile Technology Co., Ltd. is mainly to deepen the layout of Gree in the automobile industry chain. After the relevant industries and supporting facilities are mature, all resources may be applied to the field of vehicle manufacturing, so this series of operations is more like paving the way for the future development of Gree Titanium.

As early as 2016, Dong Mingzhu made up his mind to enter the automobile industry. When the proposal to buy Zhuhai Yinlong was collectively opposed by Gree shareholders, Dong Mingzhu, who was unwilling, took out 1 billion yuan from his own pocket, and then recruited Wang Jianlin, Liu Qiangdong and other big bosses to scrape together 3 billion yuan to obtain a 22.39% stake in Zhuhai Yinlong. Subsequently, Dong Mingzhu increased its capital to Yinlong twice, and its individual shareholding ratio increased from 7.84% to 17.46%.

In 2021, Gree Electric acquired 30.47% equity of Yinlong New Energy Co., Ltd. by judicial auction. Since then, Dong Mingzhu has really included Yinlong, and the company has officially changed its name to Gree Titanium New Energy Co., Ltd. However, after many years, Gree Titanium’s progress in vehicle manufacturing is not smooth. Although it already has new energy buses, hydrogen fuel cell buses, new energy MPV, vans, pure electric box logistics vehicles and other products, its sales volume and popularity are all terrible.

Dong Mingzhu has publicly stated that Yinlong is a "big hole". Even in 2023, there will still be a big hole in front of Gree Titanium. If you want to "support yourself", you need to fill the hole first. It can be seen that there are still many problems to be solved in building a car in Dong Mingzhu, and the estimated funds to be smashed in the later period will be beyond imagination.

Many people regard Lei Jun, the founder of Xiaomi, as Dong Mingzhu’s opponent. Although it took Xiaomi three years to build explosive products, Lei Jun has repeatedly complained in public that it is difficult and hard to build a car. Before that, Evergrande and Li Yinan all failed to build a car. It can be seen that cross-bank car building is not as simple as everyone imagined, and the doorway is probably only known to those who have really participated in car building. Whether Gree, who has mastered the core technology in the field of electrical appliances, can also make achievements in the field of automobiles, the answer may not be revealed until a few years later.

On April 25th, the first car of Geely Holding Group’s Jiyue brand-Jiyue 07 was officially released, and it is planned to be officially listed in the second half of the year. Extreme Yue 07 maintains the style of the concept car in design, the center of the front enclosed grille is dotted with the brand logo, and through-going daytime running lights and similar "triangle" headlights are used, and the overall style is similar to that of Extreme Yue 01.

Extreme Yue 07 continues the family-style door handle design without a car, and adopts a push-button electric door. The front of the car is equipped with the most integrated interactive smart headlights, which integrate interactive AI pixel lights, far and near light/steering/daily travel/position lamp. The rear of the car is equipped with a boomerang lamp group and a liftable tail. The roof is equipped with a rear camera.

It is expected that the car will be equipped with the same 35.6-inch 6K 3D unbounded integrated ultra-clear large screen as the Extreme Yue 01, built-in Qualcomm 8295 chip, and equipped with a half-width steering wheel and screen shifting. In addition, Extreme Yue 07 also adopted BEV+Transformer "pure vision" high-order intelligent driving technical scheme.

In terms of power, Extreme Yue 07 is expected to provide a single-motor rear-drive version and a dual-motor four-wheel drive version, with the maximum power of 200kW and 400kW respectively, the maximum torque of 343N·m and 686N·m respectively, and the acceleration time from zero to 100 kilometers is 3 seconds. Referring to the guide price of Extreme Yue 01 (starting from 219,900 yuan), the starting price of Extreme Yue 07 may be less than 200,000 yuan.

　　In recent years, glass slideways built in various scenic spots in China have become a new means to attract tourists. However, frequent accidents of tourists’ casualties caused by the quality problems of glass slideways and poor operation supervision have cast a shadow over this new entertainment facility. On May 1, 2019, tourists rushed out of the slide protection facilities in the playground "Children’s Yard" in Taiping Town, Chengdu, Sichuan Province. Two people were killed and 12 injured in the accident. On June 1st, in the scenic spot of Muyi Town, Lanshanwan, Hefei, Anhui Province, three people were injured in their eyes, arms and heads to varying degrees while riding a glass drifting boat. On June 5th, in Fozi Tourist Scenic Area, Pingnan County, Guangxi, tourists crashed into the glass slide guardrail due to the rapid decline. One person was killed and six people were injured in the accident. Similar casualties occurred in 2017 and 2018.

　　The reporter of Beiqing Daily found that the scenic spots of building glass bridges, glass slides, glass rafting and other similar entertainment facilities exist in domestic scenic spots, farmhouses and other places. According to some practitioners, there are currently more than 100 water slides in China, while there may be 500 to 1,000 glass slides. Compared with ropeways, cable cars and other projects, the investment threshold of glass slides is low, the examination and approval difficulty is low, and the investment returns quickly. Therefore, scenic spots are generally willing to invest.

　　The reason is that the project participants have no access threshold, lack of construction standards, no need for approval and acceptance after completion, and the lack of links makes it difficult to guarantee the safety of scenic spots in online celebrity. The producers and operators of glass slideways and experts in the field of special equipment call for the early introduction of perfect approval and supervision procedures and enforceable industry standards for this equipment.

　　Hidden trouble-there are design defects in the construction of slideways.

　　The builders of the glass slide project usually blame the accident on the poor management of the scenic spot, but professionals have different opinions. Shen Haien, secretary-general of the Beijing Tourism Legal Committee, pointed out that the design defect of the slide is also one of the unavoidable reasons for the accident.

　　He explained that from the appearance, these slides are all hovering down the mountain, with many bends and complexity. Tourists’ sight is constantly blocked during the taxiing process, and the tourists behind them can’t see what happened in front. In addition, its angle and slope design do not match the actual height drop of the slide.

　　This statement has been recognized by the slipway builders. A person in charge of a slipway construction company said that many slipways have design defects. Short-distance curve can not effectively decompose the sliding speed caused by huge height drop, and once it gets wet in rainy days or other conditions occur, accidents may occur.

　　Hidden danger 2. The construction unit does not have professional qualifications.

　　Should these professional large-scale entertainment facilities, such as glass slides and glass rafting, be put into operation with relevant qualifications to ensure their professionalism?

　　The reporter of Beiqing Daily inquired about the information of the builder of the accident slide in Fozi Tourist Scenic Area, Pingnan County, Guangxi Province, which had an accident in June this year — — Henan woxing garden plank road engineering co., ltd. Its company profile claims that its main projects include scenic glass suspension bridge, glass plank road project, glass slide road project, plank road project and plank road facility design, but there is no clear information related to slide road construction in the main business of the company’s industrial and commercial information registration.

　　Some practitioners have revealed to the media that the glass slide has just emerged in recent years, and most of the investment and construction teams have become monks halfway. There is no clear industry standard. "In the complex mountainous terrain, the slope of the slide is designed to be steep in the dry climate, and the slope is slowed down in the wet place, which depends on experience and no data support." In addition, in the project operation, many operation managers are negligent, and tourists will not check for a long time.

　　Hidden danger 3: the main body of the supervision unit is vague

　　As special equipment, the construction of large-scale entertainment facilities needs special filing and approval procedures, but the glass slide is still in a vague area.

　　In an interview with the media, the staff of the Special Equipment Section of Feidong County Market Supervision Administration in Hefei, Anhui Province said that the glass slide was not under its supervision catalogue. In a document issued by the State Administration of Markets in 2018, it was specifically mentioned that "water slides and canyon rafting are not included in the scope of large-scale amusement facilities in the Catalogue of Special Equipment and are not included in the supervision of large-scale amusement facilities".

　　The Feidong County Emergency Management Bureau, the competent department of safety supervision, said that the safety supervision department only undertakes the post-treatment of the amusement park safety liability accident, and the prior intervention is not their responsibility. As for the amusement facilities, they don’t know who should be in charge. Tong Guoqiang, deputy director of the Cultural Tourism Bureau of Feidong County, said frankly that for new amusement facilities, the current superior policies and technical standards are still unclear, and industry management is difficult.

　　Industry voice

　　Glass slide standards need to be formulated in time.

　　In the face of bidding, construction, operation and other links, the construction unit is both an athlete and a referee. Yao Kunyi, a member of Shanghai Service Standardization Technical Committee, believes that encouraging the development of tourism does not mean that safety should be put in the second place. "For projects with unsafe factors or potential safety hazards, they should definitely be stuck and put on the negative list".

　　The reporter of Beiqing Daily learned that on July 31 this year, the sixth meeting of the large-scale amusement facilities sub-committee of the Fifth Special Equipment Safety Technical Committee was held in Taizhou. At the meeting, experts from China Special Equipment Testing and Research Institute made detailed inquiries and discussions on the risks of the "glass water slide" and put forward their own suggestions on whether to include it in the supervision. Whether the "glass water slide" is included in the supervision and the disposal method of the existing "glass water slide" will be further investigated and discussed. In addition, on August 31st, the kick-off meeting of the glass slipway standard and the demonstration project of laminated glass and safety performance evaluation for CSTM glass slipway was held in Luoyang, Henan Province. All parties hope that the standard formulation of glass slipway can be started as soon as possible.

　　Slide practitioners revealed that, in fact, because there is no clear regulatory body and industry standards, they are also facing the trouble of declaration and approval. From the point of view of slipway builders, they don’t intend to evade approval and inspection. If the government can issue clear access qualifications and industry standards, it will also promote the development of the industry.

　　Text/Reporter Xiong Yingqi Coordinator/Chi Haibo