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Losses in half a year exceeded 10 billion! When will NIO climb out of the "autophagy" vortex of gross profit margin?

In addition to huge losses, NIO is getting deeper and deeper in the vortex of "autophagy" of gross margins.

The new power automakers in the first half of 2023 showed a trend of polarization, both in terms of delivery volume and performance.

Looking at the half-year performance of listed car companies according to the statistics of "Automotive K Line", only three car companies in the passenger car sector have experienced the phenomenon of "loss expansion", NIO and XPeng Motors occupy two of them, and they are also lossmaking. NIO’s situation is somewhat special.

1 Former "boss", today "hip pulling"

With the announcement of NIO’s second-quarter results on August 29, the former three giants of new forces "Wei Xiaoli" and the late-comer Zero Run Car both handed over the first half of 2023. Among the three giants of new forces who used to "remember the hardships and think about changes" together, Li Auto has already taken the lead in turning losses into profits and successfully entered the independent head camp. However, NIO, which was ranked first in new forces, has been left behind by Li Auto by a huge gap, and even inferior to the late IPO Zero Run Car.

The second quarter results show that NIO’s operating income in the second quarter of 2023 reached 8.772 billion yuan, down 14.8% and 17.8% from the same quarter, lower than market expectations. Among them, automobile sales were 7.185 billion yuan, with a decrease of more than 20% from the same quarter.

In this regard, the explanation given by NIO is that the average selling price was reduced mainly due to the increase in the delivery of ET5 and 75kWh standard battery packs, and the decline in delivery also led to the decline in Quarter 1 car sales.


"The image is from the NIO announcement."

From the perspective of deliveries, NIO did experience a short-term slump in the first half of the year.

In the second quarter of this year, NIO delivered 23,520 vehicles, a decrease of 6.14% year-on-year and a decrease of 24.22% month-on-month; in the first half of the year, 54,561 vehicles were delivered, a slight increase of 7.35% year-on-year; after June, NIO deliveries gradually picked up and exceeded 20,000 vehicles in July.

Li Auto has continued to break through this year, and has delivered 139,100 vehicles in the first half of the year alone.

As for profits, it is also the case of "one family is happy and several are worried".

In the second quarter of this year, Li Auto’s net profit reached 2.31 billion yuan, an increase of 147.4% compared with Quarter 1, becoming the third new energy automobile company to maintain consecutive quarterly profits after BYD and Tesla.

NIO is showing a trend of expanding losses. In the second quarter, NIO’s net loss was 6.056 billion yuan, an increase of 119.6% year-on-year and 27.8% month-on-month. In the first half of this year, NIO’s net loss has exceeded 10.90 billion yuan, an increase of 139.07% year-on-year. The degree of loss is about two Xiaopeng and close to five zero runs.

No matter whether it is a single quarter or the entire first half of the year, NIO’s net profit attributable to the parent has hit a record low for the same period in history.

When everyone first "debuted" at the same time, NIO was once the "big brother" of the new car-making force in the limelight, but now its profitability is directly at the bottom of the "Wei Xiaoli" three, and it is even inferior to the zero-run car that came from behind.

Where did NIO’s money "lose"?

2 Continuing the "vicious circle" for the first quarter?

In fact, the previously mentioned problem of falling auto sales due to higher deliveries of low-priced cars did not occur only in the second quarter. According to the first quarter performance report of 2023, NIO’s auto sales revenue in the first quarter was 9.225 billion yuan, down 0.2% and 37.5% respectively from Quarter 1 in 2022 and the fourth quarter of 2022.

In this regard, NIO said that the lower average selling price was mainly due to the higher proportion of ET5 and 75kWh standard battery pack deliveries, which was partially offset by the increase in deliveries.

This is the same as the explanation given by NIO in the 2023 second quarter report mentioned earlier.

It can be seen through public information that the price of ET5 75kWh is about 298,000 yuan, while the price of the 100kWh version is about 356,000 yuan, and the price difference between the two is about 60,000 yuan. Although the first and second quarter results did not disclose the specific model sales ratio, the increase in the proportion of low-priced car deliveries brought more than just the decline in car sales.

In the face of the Hong Kong stock market that values delivery volume, NIO sold a large number of low-priced and low-battery models in the first quarter, resulting in gross profit being swallowed up, which is similar to "drinking poison to quench thirst". However, in the second quarter, in addition to the above reasons, the sales of used cars with lower gross margins also increased.

As a result, NIO’s overall gross profit margin fell from 1.5% in the first quarter to 1% in the second quarter, and in 2022, its gross profit margin in the first and second quarters can still be maintained at 14.6% and 13%, which shows that the "side effect" of low-priced models is really obvious.

What needs to be added is that the gross margin of the NIO business alone actually increased by 1.1 percentage points in the second quarter of 2023 due to the decrease in the promotion of the previous generation ES8, ES6 and EC6 models. However, compared with the same period in 2022, the gross margin decreased by more than 10 percentage points due to the previously mentioned product portfolio changes.

It is worth noting that while NIO’s revenue decreased, losses expanded, and overall gross profit margin decreased, investment did not contract. Data show that NIO’s sales, general and administrative expenses in the second quarter of this year were 2.857 billion yuan, which was higher than Li Auto and XPeng Motors 550 million yuan and 1.30 billion yuan respectively.

On the other hand, NIO’s operating expenses are also rising, of which R & D expenses reached 3.345 billion yuan in the second quarter, an increase of 55.6% year-on-year, mainly due to the increase in R & D personnel costs, equity incentive expenses, and new product and new technology design and development.

The poor performance has made the NIO dual shares equally "unfavorable" in the capital markets. In the August list of auto stocks counted by Auto K Line, both NIO dual shares fell from the "red list" in July to the "green list" in August, with a decline of 32.88% (US stocks) and 27.93% (Hong Kong stocks), ranking second and fifth from the bottom of the August total list respectively.

Although the performance and stock price are not satisfactory, NIO is still optimistic. In the third quarter of 2023, NIO expects to deliver 55,000-57,000 new cars, an increase of 74% -80.3% compared with the same quarter in 2022; the revenue guidance is 18.898 billion yuan-19.50 billion yuan, an increase of 45.3% -50.1% year-on-year. Comparing the year-on-year growth rate of deliveries and revenue, it is not difficult to find that in the third quarter, NIO may still be difficult to get out of the whirlpool of gross margin "autophagy".

3 Views ofAutosKline

Looking back at the first half of the year, NIO experienced a period of downturn.

Perhaps the release of the mid-size SUV EC6 on September 15 can help NIO start from "selling more cars" and achieve more profitability.

The victory and defeat of the first half of the year has become history, and a new round of battle between the three Wei Xiaoli families has begun. Li Bin, who has always believed in long-termism, when can NIO climb out of the vortex of "autophagy" of gross profit margins?

The text is original by [Car K Line], some pictures are sourced from the Internet, and the copyright belongs to the original author. The article of this number may not be reproduced without authorization, and violators will be investigated. At the same time, the content of the article does not constitute investment advice to anyone. The stock market is risky, and investment needs to be cautious.

Blindly ordering more than 25,000 vehicles is just the beginning. With the blessing of Huawei’s full black technology, the M9 industry is getting hotter and hotter.

  On November 9, Huawei officially released a new strategy for smart travel solutions in Shenzhen, and launched a new ecosystem of Huawei’s smart car selection. At present, the new ecosystem has a series of models in the world. At the press conference, Huawei also brought a surprising news: the pre-sale order of M9 in the world exceeded 25,000.

  It is inseparable from the blessing of many Huawei’s "black technology" and Huawei’s quality that the M9 has not been listed yet. After all, from mobile phones to smart travel, Huawei has brought many products with leading quality and technology. At this conference, we also saw Huawei’s latest full set of black technology. As Huawei’s grand finale at the end of this year and the flagship of the series of models, it is very likely that the M9 will fully apply these black technologies, thus further fulfilling the title of "Technology Car King".

  Many black technologies have appeared together, and M9 takes you to "experience the future".

  Huawei is deeply empowered, and various black technologies have never been missing. Many subversive technologies, such as HarmonyOS intelligent cockpit, HUAWEI DATs dynamic adaptive torque system and HUAWEI ADS 2.0 high-order intelligent driving system, have been widely used in the M5 and M7.

  Judging from the information displayed at this conference, the black technology previously used in M5 and M7 has been upgraded. Among them, HarmonyOS Intelligent Cockpit has been upgraded to HarmonyOS 4.0, and its fluency has been improved again, and multi-person and multi-device multi-screen collaboration can be realized, which further increases the entertainment attributes of the whole vehicle. HUAWEI ADS 2.0 advanced intelligent driving system realizes the all-round upgrade of NCA intelligent driving navigation assistance through the first GOD general obstacle detection network and RCR road topology inference network, and can be driven nationwide without relying on high-precision maps.

  On the other hand, the intelligent vehicle control system adds the HUAWEI xMotion intelligent body cooperative control system on the basis of the HUAWEI DATs dynamic adaptive torque system. On the basis of the original millisecond dynamic road condition perception and intelligent torque vector control, it also realizes the centimeter-level vehicle attitude accurate prediction, the central cooperative control of driving, braking, steering and suspension, the degree of freedom body attitude control and adaptive slip rate control. Having said that, I’m already looking forward to the listing of M9.

  In addition, the HUAWEI DriveONE intelligent electric drive platform displayed at the conference site is the most efficient SiC assembly powertrain system in the industry at present, with the highest motor speed of 22000rpm and CLTC efficiency of 92%. Together with Huawei’s fully liquid-cooled overcharge system displayed at the press conference, it brings a "one-second-one-kilometer" rapid charging experience, and truly achieves a worry-free battery life like a fuel car. What’s more worth mentioning is that this fully liquid-cooled overcharge system is not as heavy as expected, even about 55% lighter than the traditional gun line, and it is not difficult to operate with one hand. It is conceivable that these black technologies will completely subvert the new energy industry and lead the new energy industry to the next era after they are installed in the world M9.

  In addition, this conference also brought the HUAWEI xScene light field screen, HUAWEI xPixel smart headlights, and the black technology such as the star ring scatterer that has been patented. Such a dazzling array of new technologies is likely to be presented in the M9. It can be said that the name of the M9 "Technology Car Emperor" in the world is essentially returned.

  Subversive design, asking M9 to open a new era with new aesthetics.

  In addition to the heavy black technology released at this conference, the design of the M9 is also unique. Before this, the appearance of the M9 has been announced, and the effect of the real car is more shocking than the picture! Especially inspired by Kunpeng’s design, the low-lying and steady front, with brand-new headlights and air intake ducts, looks like a majestic gesture when Kunpeng spreads his wings and flies.

  On the side of the car body, the simple, advanced and pure effect shows the different postures of the car, such as stability, speed and strength, to the fullest. At the same time, the water tangent on the side neatly divides the car body into two parts. The rich layering below the water tangent echoes the pure feeling brought by the silver roof above, giving the M9 a unique sense of luxury. Coupled with the design of flat side windows, hidden door handles and suspended rearview mirrors without any protrusions, it not only reduces the drag coefficient of the whole car, but also adds a bit of mystery to the side of the car.

  These unique designs make the intelligent life-form effect of M9 in the world jump out, which opens a new era of intelligent aesthetic design in the world, and will also lead the design of automobile industry to a new height. As for the interior of the M9, there is no news at present, but from the black technology announced at this conference, the interior design of the M9 is likely to show a new height.

  It can be said that the M9 will move the whole set of technology of "Huawei Family Bucket" into the car, which is a truly innovative masterpiece. Previously, the car M9 was awarded the "Top Ten Body", "Top Ten Chassis" and "Best Low Carbon Award" by the Center of China Automobile Research Institute. It can be said that in addition to black technology, the M9 in the world has also achieved the ultimate in safety, handling and environmental protection. It is reported that the M9 will be officially listed in December this year. According to the current blind subscription information, this final work of Huawei in the field of smart travel in 2023 is bound to become a dark horse in the new energy market. It can even be said that a new storm in the smart car market is sweeping.

Extreme krypton IPO approved in the United States, loss expanded in the first half of the year, gross profit margin increased.

  Krypton is actively promoting its listing in the United States. According to the information on the website of the CSRC on August 25th, the CSRC confirmed the overseas listing and filing information of Zeekr Intelligent Technology Holding Limited. According to the filing notice of overseas issuance and listing, Krypton plans to issue no more than 926 million ordinary shares in new york, USA.Listing on the exchange. At present, Geely declined to comment on this matter.

  Publicity by CSRC

  According to the CSRC, from the date of issuance of the filing notice to the end of overseas issuance and listing, if a company has major events, it should report them through the filing management information system of China Securities Regulatory Commission in accordance with the relevant provisions on overseas issuance and listing of domestic enterprises. At the same time, within 15 working days after the company completes the overseas issuance and listing, it shall report the issuance and listing through the filing management information system of China Securities Regulatory Commission. In the process of overseas issuance and listing, the company shall strictly abide by relevant laws, regulations and rules at home and abroad.

  Another person familiar with the matter said that Krypton will meet with investors in Hongkong, Singapore, London, new york, Boston, California and the Middle East within two weeks. They said that the final transaction scale will depend on the financial market conditions later this year.

  Geely established Krypton in April 2021, which is an important strategic layout in the field of high-end intelligent pure electricity. Extreme Krypton currently sells three models: Extreme Krypton 001, Extreme Krypton 009 and Extreme Krypton X, with the starting price ranging from 189,800 yuan to 499,000 yuan. Krypton delivered 72,000 vehicles last year, and this year’s goal is to deliver 140,000 vehicles. In terms of sales volume, the sales volume in July this year was 12,000 units, up 139.7% year-on-year and 13.4% quarter-on-quarter. From January to July, the cumulative sales volume was 54,700 vehicles, a year-on-year increase of 127%. There is still pressure to complete this year’s full-year goal. Earlier, the company had announced plans to sell cars in the Netherlands, Sweden, Israel and Kazakhstan.

  Financially, the revenue in the first half of 2023 was 21.283 billion yuan, compared with 8.828 billion yuan in the same period last year. Krypton’s revenue in the first half of 2023 was 21.283 billion yuan, with a loss of 809 million yuan (the loss in the same period last year was 759 million yuan). For the year ended December 31, 2022, the net loss of Krypton was 2 billion yuan. However, An Conghui, CEO of Extreme Krypton, said on August 22 that the first car, Extreme Krypton 001, went on the market, and the whole car was gross.It’s positive, the gross vehicle in 2022.5%, reaching double digits in the first half of this year, higher than the industry level.

  Extreme krypton 001 gross profit margin is positive

  In February of this year, Krypton Motor announced that it had completed the financing of $750 million in Pre-A series preferred shares, with a post-investment valuation of $13 billion. This round of financing was funded by Amnon Shashua, founder and CEO of Mobileye, a well-known autonomous driving technology company.Yuexiu industryFive eco-partners, including Trade Fund and Quzhou Xin An Zhi Foundation, participated in the investment.

  It is reported that the relationship between Krypton and relevant strategic investors is not limited to the capital level. It is reported that after completing the Pre-A round of financing, Extreme Krypton will work with these ecological partners to promote the layout in the field of intelligent pure electricity ecology, and explore and innovate in safe and sustainable travel and user experience. Among them, it is mainly the driving force for krypton solution.Solution. On June 1st this year, Krypton announced the delivery of its Krypton 001 WE version of 140kWh endurance suit.

Huawei Digital Energy: Empowering new "basic" opportunities and providing green power for the intelligent world.

At present, the digital economy characterized by information technologies such as 5G, big data, AI and artificial intelligence has swept the world, profoundly changing the production and lifestyle of human beings and becoming a new kinetic energy and new direction of global economic development.

As an important material basis for the survival and development of human society, energy plays an important role in the digital economy. The United Nations report on digital economy in 2019 shows that energy infrastructure will become an important foundation of digital economy to ensure the efficient and reliable operation of digital technology.

With the rapid development of the digital economy, the digital transformation of the energy industry has also entered the fast lane. Energy digitalization is regarded as an important driving force to realize the transformation and upgrading of the traditional energy industry and revitalize it, which is expected to reshape the global energy development trend.

However, while the digital transformation of energy helps the world’s energy pattern to be profoundly adjusted and the energy structure to be continuously optimized, the challenges and development bottlenecks it faces cannot be ignored.

How to use digital technology to break industry boundaries and lead the energy industry to transform into low-carbon, electrification, digitalization and intelligence? How to improve energy efficiency and reduce maintenance costs? How to seize the new "foundation" and reshape the power generation structure, so that clean energy power generation can rise from supplementary energy to main energy?

On September 24th, during the period of Huawei Connect 2020, Zhou Taoyuan, President of Huawei Digital Energy Product Line, Zhou Liang, Chief Marketing Officer of Huawei Digital Energy Product Line, and Peng Jianhua, President of Huawei Site Energy Field, expounded how Huawei Digital Energy will break the bottleneck restricting the digital transformation of energy one by one around the theme of "leading energy digitalization and building a green and intelligent world".

Huawei is fully connected to the 2020 media round-table interview site.

Huawei’s determination

Perhaps the renaming of Huawei Digital Energy can better reflect its determination to break down industry barriers and provide green power for the smart world.

Zhou Taoyuan, president of Huawei’s digital energy product line, said in an interview that "Huawei’s network energy was officially renamed Huawei Digital Energy in May this year", which is the symbolic signal of Huawei’s deep cut into the digital energy market.

Behind Huawei’s deep penetration into the digital energy market is its deep understanding of energy digitalization.

While digital technology is deeply integrated with all walks of life, its own development also needs strong energy base to support it, so as to eliminate the energy gap in the digital world, accelerate the deployment process of digital infrastructure, realize the sustainable development of the digital world, and let more people enjoy the convenience and beauty brought by the digital world.

"Huawei wants to be the energy base of the digital world, organically combine power electronics technology, ICT technology, artificial intelligence technology, big data and cloud, manage watts by bits, lead the digital transformation of energy, and make energy extremely simple, green, efficient, intelligent and reliable, thus helping clean energy become the main energy and building a green and intelligent world. This is Huawei’s goal in the energy field." Zhou Taoyuan said.

A passage from the official website of Huawei Digital Energy not only explains the company’s mission and value, but also specifically explains the concept of "energy base" at the product level:

The intelligent world of the Internet of Everything is coming. Facing the challenges of the new era, Huawei Digital Energy can provide energy solutions that fully meet the application scenarios of the ICT industry, including all-scene intelligent sites from fixed network to wireless and intelligent data centers from edge to cloud. It helps telecom and tower operators achieve green, efficient, safe, reliable and intelligent business, and supports the smooth evolution of ICT networks to 5G and all-cloud.

At the same time, Zhou Taoyuan further added, "For many years, Huawei has been hoping to use communication and connection technologies to make energy into a network that can be correlated and managed. With the advent of the digital economy, it is necessary to superimpose advanced technologies such as big data, AI, 5G, cloud and artificial intelligence to solve application problems such as high energy consumption, low energy efficiency and operation and maintenance. It is necessary to introduce it into the energy industry through more digital means, and truly realize the conversion, storage and control and support of digital technology to electric energy. Therefore, Huawei Network Energy officially changed its name to Huawei Digital Energy ".

Digital Energy "Inverter" Smart Photovoltaic

In fact, before the name change, Huawei Digital Energy has been leading the digital transformation of energy. Among them, the most representative is its successful application in smart photovoltaic power plants.

"Smart photovoltaic is the application of integrating ICT technology with photovoltaic, which has brought the ultimate improvement in efficiency to the industry." Liang Zhou, chief marketing official of Huawei’s digital energy product line, said, "Huawei is the first enterprise in the industry to introduce AI technology into photovoltaics. Huawei’s AI technology and experience can be reused in the photovoltaic field. This innate cross-border innovation technology and resources are not available to peers. "

Fang Liangzhou’s speech film shows that the AI applications of Huawei digital energy in photovoltaic industry include intelligent SDS, intelligent IV, intelligent grid connection, intelligent AFCI, fast turn-off technology and intelligent image recognition.

Among them, intelligent IV diagnosis is a successful application of AI technology in intelligent photovoltaic power station, which subverts the traditional manual inspection method. The traditional way is to manually go to the station for inspection, take the equipment and check it by sampling, which is like looking for a needle in a haystack and has great uncertainty.

Huawei intelligent IV diagnosis can remotely confirm the fault location and type of photovoltaic string by using the string current and voltage data collected by the string inverter combined with big data mining and AI identification algorithm.

Through one-click scanning, the 100MW power station can automatically generate fault diagnosis reports of all the strings within 15 minutes. The operation and maintenance time has changed from the original month to the minute.

In fact, when Huawei first entered the photovoltaic field, it took the series inverter as the starting point. The photovoltaic inverter market is mainly divided into two technical routes: centralized inverter and series inverter. At that time, the industry generally believed that centralized inverters were suitable for large-scale ground power stations, and series inverters were more suitable for distributed power stations.

When the centralized inverter is the absolute mainstream of the market, Huawei is different from its peers in the industry in introducing series inverters. However, Huawei’s series inverters have finally withstood the test of the market.

Fang Liangzhou believes that "the multi-channel MPPT function of series inverter is not affected by module differences and shading between series inverters, which minimizes the mismatch of photovoltaic modules, thus bringing higher power generation. When the abandonment failure occurs, the affected loss is lower, and the life cycle maintenance cost is lower, which objectively increases the power generation and reduces the maintenance cost. "

According to incomplete statistics, more and more large photovoltaic power plants have begun to use series inverters. In the bidding of the five major power generation groups, more than 80% of them use series inverters, and series inverters have become the mainstream of the market.

Digital energy empowers "new infrastructure"

Huawei’s leading role in the digital transformation of energy is also reflected in its strong green and intelligent Internet data center.

As we all know, this year, the National People’s Congress and the National People’s Congress wrote the new infrastructure construction into the "Government Work Report" for the first time, which pressed the "fast forward button" for the transformation of China’s digital economy. No matter in the seven directions of "new infrastructure" defined by CCTV or the main areas announced by the National Development and Reform Commission, the data center is undoubtedly one of the protagonists.

However, the acceleration of "new infrastructure" has injected momentum into the development of China’s digital economy, but it is also accompanied by many challenges such as long construction period, high energy consumption, difficult operation and maintenance, safety and reliability.

How to deal with these challenges? The digitization and intelligent upgrade of the data center itself has become the key. Fang Liangzhou said, "Huawei, which has been deeply involved in the field of ICT for many years and has strong technical advantages and profound experience in the fields of 5G, Internet of Things, cloud computing, big data and artificial intelligence, has proved the green power injected by digital energy into the’ new infrastructure’ with its digital transformation solutions specially launched for the’ new infrastructure’ and practical cases that have successfully landed."

Specifically, Huawei’s next-generation data center adopts a fully modular design idea, which greatly shortens the construction period while fully meeting the differentiated needs and can be delivered within 6 months; Based on AHU and icooling technology, the PUE value can be reduced by 0.08-0.15; Through the power module and lithium battery, the floor space is reduced by 40% and the out-of-cabinet rate is increased by 10%; Use DCIM and 3i (iPower, iCooling, iManager) to reduce operation and maintenance costs and manual misoperation. Thus, "let time be visible, let funds be used rationally, and let IRR improve quickly"

Huawei has also made great achievements in the construction of ——5G base stations, another important part of the "new infrastructure".

"In the past, the digitalization of site energy was not enough. Many operators were not sure about the actual energy consumption, power reserve, inaccurate battery allocation, and whether the safety and reliability were guaranteed. Therefore, it is imperative to eliminate the digital site energy gap while accelerating the digital transformation of the industry," said Peng Jianhua, president of Huawei’s site energy field. "Huawei launched a 5G complete solution iSitePower based on industry sites. From the components to the site to the whole network, we know and have products and technologies. Through the integration of power electronics, AI and other technologies and the cooperation of industries, we can achieve’ 5G without electricity charges’.

In a word, Huawei is redefining the energy infrastructure with digital technology, vigorously developing the digital energy industry, focusing on smart photovoltaics, data centers, site energy and many other fields, providing minimalist, green, intelligent and safe solutions to help the high-quality construction of "new infrastructure".

M9 officially released Yu Chengdong: The best SUV within 10 million is coming.

The Beijing News Shell Financial News (Reporter Lin Zi) "The best SUV within 10 million is coming". On December 26th, the conference of M9 and Huawei’s whole winter scene was held in Shenzhen. Yu Chengdong, managing director of Huawei, CEO of BG and chairman of BU, a smart car solution, took the stage to introduce the models, and there was a cry of "far ahead".

Yu Chengdong compared the M9 with many cars, saying that the car’s body-in-white aluminum alloy accounted for 80% by volume, and its body lightweight coefficient was 2.02, which was lighter than that of Maibakh GLS600. "The turning radius of the M9 is smaller than that of Model 3".

Wenjie M9 is equipped with the 4th generation extended range platform, with a thermal efficiency of 41%, an oil-to-electricity conversion rate of 3.44kWh/L, and a fuel consumption as low as 6.9L in the extended range version of WLTC. The 52-degree battery version CLTC has a comprehensive battery life of 1402km and a pure battery life of 275km;. The 42-degree battery version CLTC has a comprehensive battery life of 1362km and a pure battery life of 225km.

The pure electric version of Wenjie M9 is equipped with Huawei’s "Whale" 800V high-voltage battery platform, which can last 150km after charging for 5 minutes and 630km under CLTC conditions.

Proofread Li Lijun

Linke 05 is officially launched based on CMA platform.

  Lectra 05, the ultimate masterpiece of CMA basic module architecture of Lectra Auto, was officially launched today, and five models were launched, with a price range of 17.58-212,800 yuan. In order to thank the users for their support and trust, Lectra Auto provides the following exclusive rights and interests for the top 10,000 Lectra 05 owners: the owners of time limited edition enjoy exclusive benefits worth 4,000 yuan; Jin Halo/ Yao Halo owners enjoy a bonus of 4,000 yuan; Jin Plus/ Yao Plus owners enjoy a bonus of 4,000 yuan and a smart optional package. At the same time, Lectra firmly and continuously builds a user brand with temperature. The first owner of Lectra 05 enjoys the "three exemptions" policy of lifetime free warranty, lifetime free road rescue and lifetime free data traffic, and the financial courtesy can enjoy up to 36 interest-free periods.

  Linke 05 has achieved an advanced and breakthrough in brand design language. The front grille shape of the city latitude and longitude, with the North Pole light daytime running lights, has a three-dimensional sense of design. The roof line inclines downward at a golden angle after passing through the B-pillar, creating a slip-back curve with great sense of speed and comfortable space. The length, width and height of the LECK 05 body are 4592mm/1879mm/1628mm, and the wheelbase has reached 2734mm, which is excellent in the same class. The unique tail pillar trim of the extremely bright wing of the car body has a strong visual impact, and the energy matrix taillight further strengthens the unique product image. The electric trunk adopts the unique touch opening of the same level, and the trunk opening sensing area perfectly integrates design and practical functions.

  In terms of interior, Linke 05 adopts a brand-new design language to build a driver-centered urban sensory cockpit. The air outlet of penetrating air conditioner is rich in layering, characterized by straight lines of urban architectural style, and the cockpit presents a stronger sense of modernity and strength. The center console leans towards the driver, effectively reducing the driver’s visual pressure and increasing the lateral visual width in the car. The application of high-end materials, such as 30 customized imported genuine aluminum decorative plates, North American top NAPPA leather and NUBUCK suede leather, gives drivers the luxury of vision and touch. At the same time, LECK 05′ s unique endless streamer atmosphere lights are distributed in 20 places in the car, which can adjust more than 16 million colors, and support diversified light effect linkage to create a light and luxurious atmosphere with distinctive personality.

  Link 05 comes standard with dual 12+ inch full LCD instruments and central control display screen. The 12.3-inch all-LCD intelligent instrument supports full coverage of navigation maps, and the resolution of the 12.7-inch central touch screen can reach 1920*1080P. The Corning Gorilla glass is flexible and delicate, showing the luxurious atmosphere of science and technology. In order to meet the advanced needs of the younger generation for intelligent configuration in vehicles, the LEICK 05 Halo version is equipped with a 7.5-inch full-color HUD head-up display, which can display driving-related information such as speed, navigation, ADAS and vehicle safety warnings in real time to improve driving quality and safety.

  In terms of power, the LEICK 05 comes standard with the Drive-E series 2.0TD high-power turbocharged engine, with a maximum power of 187kW at 5500rpm and a peak torque output of 350N·m at 1800-4800rpm. With the low inertia turbocharger, it can output 90% peak torque within 2 seconds at the earliest, so as to satisfy the carefree driving feeling of power. With the "exquisite sports" style adjustment of the chassis, the Lectra 05 has an acceleration performance of 6.7 seconds and a braking performance of 35 meters sports car class of 100 kilometers, with a top speed of 230 km/h.

Xuzhou Zhiji LS7 is on sale, with a maximum discount of 10,000! If you miss it, you won’t

In [car home Xuzhou Promotion Channel], we bring you preferential information about a luxury SUV—— that has attracted much attention. At present, Zhiji LS7 is under way in Xuzhou, with the highest discount of 10,000 yuan and the lowest starting price of 279,800 yuan. If you are interested in this model, you can click the "Check Car Price" button in the quotation form to get a higher discount and buy your favorite model.

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Zhiji LS7 is a stylish and dynamic large SUV with a unique front face design. The air intake grille adopts a unique diamond design, which highlights the sense of movement and technology of the vehicle. Overall style, Zhiji LS7 adopts a streamlined body design, with smooth lines and tension, showing a strong sporty atmosphere. The side of the car body adopts tough lines, which further highlights its luxurious atmosphere. In addition, Zhiji LS7 is also equipped with full LED headlight group, which makes the lighting effect of the vehicle more excellent, and also improves the safety of driving at night. In a word, the design of Zhiji LS7 is very attractive, and people can be attracted by its unique shape at a glance.

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Zhiji LS7 is a medium and large SUV with a body size of 5049*2002*1731mm, a wheelbase of 3060mm, and front and rear wheel tracks of 1700mm and 1715mm respectively. Viewed from the side, the lines of Zhiji LS7 are smooth and the whole vehicle looks very atmospheric. The front and rear wheels are equipped with 255/55 R20 and 275/50 R20 tires respectively, and the rim design is fashionable, showing a sporty style as a whole. The tyre size and rim style of the car provide a strong guarantee for the handling performance and driving stability of the vehicle.

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The interior design of Zhiji LS7 is simple and elegant, with high-quality materials and fine workmanship, creating a comfortable and luxurious driving experience. The steering wheel is made of leather and equipped with electric up and down+front and rear adjustment function, so that the driver can adjust according to his own needs and be more comfortable. The central control screen size is 26.3 inches, and it has advanced speech recognition control system, which can realize multimedia, navigation, telephone, air conditioning and other aspects of control. The seat is made of imitation leather or genuine leather. The main seat supports fore-and-aft adjustment, backrest adjustment, height adjustment (4-way) and lumbar support (4-way). The auxiliary seat supports fore-and-aft adjustment, backrest adjustment, height adjustment (2-way) and lumbar support (2-way). The front seat is also equipped with heating function. In addition, the rear seats support proportional tilting, providing passengers with more flexible spatial layout. Both the front row and the back row are equipped with Type-C interfaces, which is convenient for users to charge and transmit data. Overall, the interior design and configuration of Zhiji LS7 are excellent, providing drivers and passengers with a comfortable and convenient driving experience.

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The maximum power and torque of Zhiji LS7 engine are 250 kW and 475 N·m respectively. This engine can provide strong power output, so that drivers can feel excellent acceleration performance during driving. At the same time, the engine also has the characteristics of high efficiency and energy saving, which makes Zhiji LS7 perform well in fuel economy. Whether on urban roads or highways, Zhiji LS7 can easily meet various driving needs and provide users with a comfortable and safe driving experience.

In the evaluation of car home car owners, he mentioned that the appearance of Zhiji LS7 is very handsome, especially the front part, at least he thinks so. This shows that the design of Zhiji LS7 really left a deep impression on the owner. In addition, the owner also mentioned the design of the rear part, which is very beautiful. On the whole, the exterior design of Zhiji LS7 has been highly praised by car owners and has become one of the important factors to attract consumers.

Revealing New Deceptions, Preventing Deceptions by online celebrity, a New Old Man.

  [Keywords:] fraud of "magic medicine", "free travel", "asking for change", "high return" and "special telephone".

  Fraud cases against the elderly are always emerging. The reason why criminals focus on the elderly is that they don’t know enough about social development information and common fraud methods, and their ability to prevent fraud is lower than that of people of other ages.

  Recently, many "new old people" have emerged in online celebrity, who are themselves silver-haired old people. By revealing the scams set for the elderly and imparting anti-fraud knowledge and means, they have gained the attention and praise of middle-aged and elderly people. The public security department can also cooperate with these elderly online celebrity to improve the elderly’s anti-fraud awareness and ability while increasing the publicity of new media platforms.

  "New old age" online celebrity focuses on revealing scams

  More and more old people come to the stage to record their lives. online celebrity, an old man, has not only become a new "source of happiness" for young people, but also taught anti-fraud knowledge through entertaining performances like family members.

  Online celebrity, an elderly woman named "Detective Aunt" on the Tik Tok, focuses on uncovering old people’s scams. Her head is a silver-haired old lady with a fan. Eyes are the pure big eyes of a beautiful girl warrior, but she is not pure at all. She is a wily aunt. Her scam video attracted more than 11.12 million likes and more than 2.44 million fans.

  At the top of the "detective aunt" is a bad short video that helps the uncle to look after the children and steal them. The commentary is simple: "divert attention" and "recognize relatives" are the usual routines of traffickers! This video has the most likes and comments, with 2.77 million likes and 60,000 comments. Recently, the suspect "Mei Yi" who abducted nine children was attacked by netizens on the online platform, and the short video made by "Detective Aunt" undoubtedly reminded the elderly to be vigilant while taking care of their children, so that they could always pay attention to their children!

  Another reasoning video of "Detective Aunt" demonstrates the play that Su Daqiang always fell in love with in "Everything is Fine". In the play, Su Daqiang thinks that he met the "considerate" nanny Cai Genhua and is desperate to marry the nanny. However, what Cai Genhua covets is Su Daqiang’s real estate. This reasoning video of "Detective Aunt" has a simple annotation: seemingly sweet love is actually a well-designed script. The old man was coaxed by the young woman and forced by emotional pressure, saying, "I’ll give you all my bankbooks tonight." On the spot, "Detective Aunt" poked two young women’s "pig-killing plate" investment in the elderly and warned the elderly not to be deceived by swindlers. I can’t help but remind people that on April 21 this year, Jia Laobo, an 80-year-old family with children in Wuzhong, Suzhou, gave a property to a nanny who took care of himself in the form of a book legacy. Netizens talk about it in succession, which is the true feelings nurtured by meticulous care, but some people say that this is another typical trick to defraud the elderly.

  Nowadays, many fraudulent means seem seamless, but many tricks appear repeatedly. The reason why they succeed repeatedly is mainly to grasp the shortcomings of the elderly, such as emotional lack, attention to health, insufficient awareness of prevention, and one-sided knowledge reserve. Here, remind the elderly that if they encounter such things, they should first think calmly. "There will be no pie in the sky." As long as they are treated with caution, many tricks will be seen through.

  There are five types of new scams that need to be guarded against.

  On November 22nd, Tian Xingjun, a community policeman from Jimei Police Station in Xiamen, Fujian Province, successfully stopped a winning fraud against the elderly. On the same day, the police visited the community, and suddenly an 80-year-old Mr. Wang Lao stopped him and asked for help to verify the number. Surprisingly, when the police asked about the use of the number, Mr. Wang prevaricated and told the truth after being enlightened. It turned out that Mr. Wang received a letter containing a lottery ticket for health care products. "I scraped the lottery ticket and found myself winning 1 million yuan." Mr. Wang immediately contacted the so-called redemption notary "Wang Juan" on the lottery ticket. The other party said that the premise is that the notary fee of 20,000 yuan and personal income tax should be paid to the designated bank card on the same day. Mr. Wang prepared to remit money, but fortunately, the community police stopped him, which saved his property from loss. Mr. Wang suddenly realized that he had bought the company’s health care products. After the salesman asked for personal information, he also told the company that there were activities in the near future, indicating that he would inform the elderly to participate. "I am also convinced because of such a premise." Such new tricks are not uncommon. Criminals use psychological hints to cheat the elderly frequently.

  In daily life, all kinds of fraud methods for the elderly need to be guarded against. To sum up, there are the following categories:

  Deception 1: "God doctor" fraud. Fraudsters flaunt themselves as "magic doctors" who can cure all diseases and promote the so-called "all-purpose magic medicine", just like the fraud case in which "Shaolin monks" promote "magic medicine".

  Scam 2: "free travel" fraud. Attracting the attention of the elderly with "free travel" is actually just a cover. What is important is to bring the elderly to the pre-arranged site, match them with famous doctors and lecturers, boast in an all-round way, and fool the elderly into buying thousands of so-called "health care products", just like the fraud case of "filial piety in China".

  Scam 3: "seeking change" fraud. This kind of fraud mostly happens to the elderly who set up stalls selling vegetables in the suburbs. The swindlers pretend to buy food from the elderly and lie that they have no change. In the process of finding change, they will take the opportunity to replace the fake money. When the old man found out, the criminals had already escaped.

  Scam 4: "high return" fraud. The fraudsters first rented high-grade office buildings, decorated them carefully, and made up "investment projects" to publicize them everywhere. When old people come to invest and consult, they warmly receive them, and ask so-called experts to explain the industry background and market trend, and lure the old people with high interest rates. At first, short-term investment is allowed. Once the old people invest a lot of money, the office building will be empty.

  Scam 5: "special phone" fraud. Fraudsters call themselves staff members of state organs such as courts and public security bureaus, claiming that the children of the elderly need money to deal with "crimes" in other places, and falsify court "subpoenas" and public security "arrest warrants" to convince the elderly; Or lied that the children of the elderly had a car accident and needed money for treatment. Old people are eager to "save their children" and will quickly remit money.

  Therefore, the public security and other relevant departments should strengthen law enforcement, severely crack down on fraud such as health care for the elderly, investment in pension projects, "unfreezing national assets" and antiques, and enhance the deterrence against criminals. At the same time, we can cooperate with the old online celebrity on the network platform, increase publicity and improve the anti-fraud awareness and ability of the elderly.

  Many old people think that "they cross more bridges and eat more salt than the younger generation", but in a rapidly changing society, new types of fraud are everywhere, and social experience obviously cannot keep up with the changes of the times, so the old people are easily deceived. For the anti-fraud propaganda of the elderly, we need to pay attention to methods, and instilling opinions directly will easily hurt their self-esteem and produce resistance. Just like the short video of "Detective Aunt", there should be more case propaganda. Through deductive display, the old people should be aware of the hidden dangers and realize that their anti-fraud ability is different from that of young people, so as to strengthen communication and discussion with their children and effectively reduce the probability of being cheated.

  Text/Wang Wei

Huawei cooperative distributor: the gross profit of one M5 is equivalent to 60 Huawei mobile phones.

Huawei’s mobile phone business has been sanctioned, and its shipments have plummeted. Even the previous Huawei dealers have been implicated, and they have closed their stores and transformed.But Huawei started to cooperate with Cyrus.After selling the car, someHuawei cooperative dealer, and found a new direction.

On September 2 nd, according to the interface news, one had worked withHuawei cooperationAccording to close dealers, many stores have closed in the past two years, and the remaining Huawei stores are not so profitable. On the other hand, selling cars has become a new hope for some Huawei offline stores, and the profit from selling a car is much higher than that of mobile phones. "

According to the dealer, the distribution company he works for can get a gross profit of eight points for an M5. Based on the transaction price of a car of 300 thousand, plus the income from car loan and insurance,Selling a car can earn nearly 30 thousand yuan, which is equivalent to selling.60 Huawei mobile phones.

Another advantage of selling a car is that you don’t have to overstock inventory like a mobile phone, and you can easily press tens of thousands of yuan of goods. The main cost is to buy a prototype car. A Huawei authorized experience store in a shopping mall wants to sell the car, and the renovation cost is acceptable.

In addition, Huawei’s sales consultants selling cars have a higher commission profit level than ordinary brands.

The dealer also said that in first-tier cities such as Beijing and Shenzhen, the single order that each consultant can get is divided into more than 1,000 yuan.The traditional car companies are basically divided into several hundred yuan. This is also an important reason for AITO’s sweet mouth and diligent sales.

(reporting)