Xiangyang Taxi Market: Continuously Revitalizing Vitality in the Reform

In May 2017, urban taxis were replaced with new seat covers

On June 8, 2011, the loving sister Hu Jinyu sent the college entrance examination candidates for free

The first generation taxi Fiat

One of the second-generation taxi models, Fukang

One of the second generation taxi models Van

The third-generation taxi new Elysee

All Media Chief Reporter Li Xinghui Correspondent Hu Jian Intern Huang Wenyan

playback

The first taxi was introduced in 1980

Although the number of private cars is increasing, taxis are still an important means of public transportation in the city. Taxi passenger transportation in Xiangyang began in 1980.

It is understood that that year, Xiangyang City Rental and Public Car Company purchased two Fiat cars for taxi passenger transportation, mainly operating chartered business.

Three years later, the number of taxis in the urban area increased to six. By 1989, the municipal government allowed state-owned, collective and individual taxis to operate in accordance with the development of the national economy. The number of taxis soared to 48, 68 in 1992 and 90 in 1993. However, at this time, the operation mode of taxis was mainly to wait for passengers and charter passengers, and still did not go to the road to pick up passengers.

In 1995, urban taxis were uniformly installed with meters, and began to carry passengers on the road, charging according to the mileage displayed by the meters.

new visit

It has undergone seven major changes

From owning the first taxi to 2018, our city’s taxi market has undergone seven major transformations.

In 1996, Xiangyang City began to implement macro-control on the total number of taxis in the urban area, and implemented the paid use of taxi management rights. In that year, taxis were uniformly replaced with "T" license plates and installed taxi headlights. In 2001, the "T" license plate number segment for urban taxis was uniformly replaced with the "X" license plate segment. There are more than ten types of taxi models such as Alto, Van, and Fukang, and the freight rates are also different.

In 2003, after the original Xiangyang County was removed from the county and set up as a district, the Xiangyang Municipal Government brought the taxis in the original Xiangyang District into the unified management of Xiangyang City. With the approval of the provincial government, Xiangyang City increased the number of taxis by 180, bringing the total to 1,700. In the same year, the municipal government decided to phase out the taxis in three years and replace them all with Fukang cars. On July 6, 2005, the last yellow-faced taxis in Xiangyang City were withdrawn from the market, and all urban taxis were Fukang models. Since August 2008, urban taxis have been gradually replaced by Elysee models.

Since 2006, in response to the impact of rising oil prices on the taxi industry, the Municipal Passenger Management Office has negotiated with the public security vehicle management, price, technical supervision and other departments, and decided to convert the fuel to gas for taxis in the city. In December 2007, the oil-to-gas conversion of taxis in Xiangyang City was completed.

In July 2013, the municipal party committee and municipal government licensed the operation rights of 500 new taxis to the municipal public transportation company, pioneering a new road of "zero docking, zero contracting, zero shift fee, and zero part money" and "public bus" in the country.

In July 2016, according to the "Guiding Opinions of the General Office of the State Council on Deepening Reform and Promoting the Healthy Development of the Taxi Industry", the city started to deepen the reform of the taxi industry. In August of the same year, urban taxis stopped collecting paid transfer fees for operating rights, and cruise taxis officially entered the stage of free use of operating rights. At the same time, the legalization of online car-hailing was quickly started. After a year of preparation, the detailed rules for the implementation of online car-hailing have been revised more than ten times and were officially announced and implemented on December 7, 2017.

On January 26, 2018, our city issued the first online car-booking business license. On March 20, 2018, the first legal online car-hailing car officially went into operation. On September 25, 2018, Xiangyang’s local online car-hailing platform "Xiangyang Travel" APP was officially launched, and Xiangyang’s taxi industry officially entered the era of "cruise + online appointment".

In October 2018, the municipal transportation department integrated the original 23 intensive management companies into three modern cruise car companies with a certain scale, further clarifying the ownership of vehicle property rights, operating rights, and company intensive management rights, and resolving industry contradictions.

Outlook

"Internet + transportation" will bring more convenience

Taxi cars have been available in our city for 39 years.

Over the past 39 years, the urban taxi industry has continued to develop through reform. Today, there are 2,200 urban cruise taxis, 4 cruise taxi companies, about 5,000 employees, a daily operating mileage of 400 kilometers for bicycles, a daily operating income of about 600 yuan, and a daily passenger volume of about 200,000. There are 15 online ride-hailing platform companies, 688 online ride-hailing cars, and nearly 6,000 drivers have applied for online ride-hailing driver licenses.

With the deepening of reform, the operating environment of taxis will continue to improve. The rapid development of "Internet + transportation" will bring more convenience to citizens’ travel.

Witnesses say

Continuously enhance the citizen’s ride experience

In December 1989, at the age of 19, Yang Yongjun joined the Municipal Passenger Transport Management Office, which was established that year, and has been a law enforcement officer for 30 years. "There were only eight people in the entire Passenger Transport Management Office at that time. Now, there are more than 30 people in our three management offices alone," Yang Yongjun said.

Yang Yongjun introduced that Xiangyang’s first taxi company was Oriental Pearl Taxi Company, which was affiliated to the Oriental Chemical Plant and had 10 Alto; after that, Hubei Chemical Fiber Taxi Company and Light Boat Taxi Company entered the taxi market; later, Auto Trade Taxi Company appeared, and the yellow face entered the lives of Xiangyang people. "In the past, we mainly cracked down on illegal operation activities, but now we mainly regulate the business behavior of licensed taxis." Yang Yongjun said that with the development of society, people have more choices when traveling. As a passenger transportation management department, we must ensure that citizens who travel by taxi have a more comfortable and comfortable riding environment, and constantly improve the public’s riding experience.

(Photo courtesy of the Municipal Passenger Transport Administration)

Judging from Angelababy’s love history, her relationship with Huang Xiaoming did not last long, and divorce was expected

Not long after the beginning of the Year of the Tiger in 2022, the right and wrong of the entertainment industry are dizzying, and some are deeply surprised, but the divorce of Huang Xiaoming and Yang Ying has not attracted people’s attention the most, because from the history of Yang Ying’s life, it is also expected. Because from Angelababy’s emotional experience and the many ex-boyfriends she has, we can understand why Huang Xiaoming and Angelababy divorced, and why their divorce is expected

Yang Ying, a native of Shanghai, was born in 1989. One of her grandparents is of German descent. It can be said that she is a quarter of mixed race.

Her parents live and work in Hong Kong and usually have no free time to spend with her, so Yang Ying spent her childhood living with her grandmother in Shanghai.

When she reached the age of puberty, because she was slim and cute, more and more boys pursued her. There was once a boy who handed her a piece of tissue paper with Yang Ying’s name written on it, which made her heart move, but this boy was not her favorite, because she also had her own crush, and she was a boy who played basketball very well. She had a crush on this boy for half a year.

During this period of secret love, Yang Ying could be said to have deeply felt the heartbeat of love, willing to do everything for the boy she liked, as long as it was a boy’s thing, she had a special feeling. Later, the boy finally paid attention to her and started dating, from then on, Yang Ying officially started the girl’s first love mode.

However, both of them were still very young after all, and they didn’t know much about the world. They only had a simple relationship. This relationship was heartwarming and pure.

The second true love affair began when Yang Ying was brought to Hong Kong by her parents and met Wei Shizong. After Yang Ying arrived in Hong Kong, she entered Notre Dame College to study and met Wei Shizong, a senior who was one year older than Yang Ying.

Wei Shizong is a rich second generation. He wears glasses, handsome but not handsome, but it makes Yang Ying moved. The two of them are sweet and sweet together, but this relationship also ended with Wei Shizong’s graduation, and it only lasted for one year.

The end of this relationship changed Yang Ying’s mind. She didn’t have the heart to study seriously, because in the bustling world city, everything fascinated her, so she began to want to make money and get ahead. But this made it really difficult for ordinary girls without any background, especially in a metropolis like Hong Kong.

However, Yang Ying had her own ideas and considerations, and she found a path that suited her – to become a model. She took photos and sent them to the agency, hoping to get the recognition of others and strive for more opportunities through her own efforts.

Her hard work paid off, and her efforts finally paid off. A man named Zhou Yougen took a fancy to her, and she had a rich fashion circle and resources. She was like a talent scout, digging up many newcomers, and later with her help, they all changed their fates, such as Liang Luosi, Liang Luosi, Li Zekai, etc.

Since she was discovered by Zhou Yougen, Yang Ying signed a contract with her, and since then she has embarked on the route of Japanese photo models that are loved by post-80s and post-90s otaku. In order to increase Yang Ying’s popularity and let everyone know, in 2005, under Zhou Yougen’s recommendation, Yang Ying became the host of a children’s show.

That is, during the period of becoming a children’s show host, the third love affair quietly came to Yang Ying.

Since her debut, Yang Ying has dressed up avant-garde. In 2007, during the performance of Jay Chou’s World Tour in Hong Kong, Yang Ying, as a dancer, danced hot on the stage and showcased her personality. Since then, Yang Ying has become more well known to people.

Soon, rumors spread about Yang Ying and Jay Chou. Although Yang Ying and Chan Wei Ting did not have a public relationship, people familiar with them knew that there were also good people who gossip about Yang Ying and Jay Chou with Chan Wei Ting in person. Zhou Wei Ting not only pretended to be calm, but also said that Zhou Dong was a person with good taste, and that he could take a fancy to Angelababy, which showed that Angelababy was good.

In order to improve Yang Ying’s quality, Zhou Yougen sent her to Japan. Let her manage her personal image in Japan, and sign a Japanese company to develop in Japan.

In fact, Yang Ying is not a weak person. In order to develop, she worked hard in Japan alone, shooting MVs in Japan, publishing photos, and participating in various variety shows.

When Yang Ying was gaining popularity in Japan, she spent a week with her in Japan. After Xiong Dailin returned to Hong Kong, she became a first-line supermodel through Zhou Yougen’s operation, and may become the inner boss of "King of Heaven" Guo Fucheng. All kinds of resources are tilted towards her, and the development prospects are great.

This also inspired Yang Ying to return to Hong Kong for development. Under the operation of Zhou Yougen, Yang Ying returned to Hong Kong and began Xiong Dailin’s path of replication.

After Yang Ying came back, Xiong Dailin and Yang Ying became sisters in the circle. They participated in the activities, and they both had you and me. They helped each other and supported each other.

"Hanada 2010", the two joined the cast together

There are rumors that during the filming process, Yang Ying and Zheng Zhong****** an ambiguous relationship, and people saw them often sticking together. Even after the filming task ended that day, the two also used text messages to communicate.

In order to please Yang Ying, Zheng Zhongji would try every means to make Yang Ying happy. He would try his best to buy clothes that Yang Ying liked and give them to her. There were rumors about the two of them, which spread in and out of the circle, but unfortunately, Zheng Zhong****** already married Ah Sa secretly, but it was not made public.

Coincidentally, Yang Ying and Huang Xiaoming met, and they were also destined for the movie. At that time, Huang Xiaoming played the role of "Huang Liang", an apprentice of Ip Man in "Ip Man 2". Later, Huang Xiaoming traveled to Hong Kong and met Yang Ying under the hospitality of Huang Zihuan, the screenwriter of "Ip Man 2". Entertainment reporters at the time also rumored that Yang Ying and Huang Xiaoming were in love and had a good conversation, and they also found that the two disappeared from everyone’s sight for two hours.

In the face of the rumors, Yang Ying said that they were all made up by entertainment reporters, and that meeting Huang Xiaoming was just an ordinary social interaction. Huang Xiaoming said that the rumors were all made up and could not be trusted. At the same time, he also said in front of reporters that Yang Ying was cute and beautiful.

When Yuji asked Yang Ying whether she and Huang Xiaoming would have the possibility of further development in the future, Yang Ying said decisively: Impossible!

Although they said so, the rumors between them spread in the entertainment industry from time to time, which also caused everyone to guess.

Of course, Huang Xiaoming still cared about Yang Ying very much. With good resources, he still introduced her. With her help, Yang Ying played a role in the movie "Love in the City".

So much so that at a public event, there was an interview with Huang Xiaoming: Are you in love with Yang Ying? Do you know

Chen Weiting is Yang Yingxian’s boyfriend? In the face of the reporter’s question, Huang Xiaoming pretended to be very deep, saying that he would never fall in love with Yang Ying. And he didn’t know who Chen Weiting was.

On December 6, 2019, Yang Ying posted a pointed sentence through the social platform, "What should be lost will always be lost". According to an insider’s analysis, it may have hinted that she had broken up with Chen Weiting. Subsequently, Chen Weiting was at the event, facing questions from reporters, and tacitly acknowledged that Yang Ying had broken up.

Although the love story between Yang Ying and Chan Weiting has ended, Yang Ying’s new love affair continues, and it also involves Zheng Zhongji and Huang Xiaoming, which makes people think.

The following spring, some media broke the news that Zheng Zhongji and A Sa were secretly married.

Later, Zheng Zhongji and Ah Sa jointly held a press conference to admit the fact that they were married in response to the revelations.

To everyone’s surprise, Zheng Zhongji and Ah Sa admitted that they were married soon after, and then revealed that they had decided to divorce.

Such explosive news made everyone speculate about the reason. Everyone believed that it must be related to Yang Ying, and accused her of interfering in Zheng Zhongji’s marriage to Ah Sa. At that time, the Hong Kong entertainment industry also called Yang Ying the "most beautiful girl".

Yang Ying said she was very distressed by such a rebuke, explaining that the reason why she and Zheng Zhongji have been in contact is to cooperate with the publicity and hype of the movie "Flower Field 2010".

Later, the relationship between Yang Ying and Zheng Zhongji gradually cooled, but to the great surprise, shortly after the divorce with Zheng Zhongji, Ah Sa was with Yang Ying’s previous boyfriend, Chen Weiting. This wave of you coming and going made everyone really choke.

Although the media coverage of their entertainment went up and down, Yang Ying had a hot relationship with Huang Xiaoming at this time. It can be seen from the text messages leaked by Huang Xiaoming’s girlfriend Li Feier at that time that Yang Ying sent Huang Xiaoming a lot of ambiguous and explicit text messages. Although Li Feier also began to counterattack, she was no match for Yang Ying after all. Although Yang Ying’s text messages were leaked to expose Yang Ying’s immoral behavior, she did not expect that the relationship between Huang Xiaoming and Yang Ying could not be shaken. Li Feier has since withdrawn from the love game of the three of them.

Therefore, many years later, Huang Xiaoming said that he and Yang Ying were together after breaking up with Li Feier, and Yang Ying clarified and explained that someone said she was the third child.

Since Huang Xiaoming and Li Feier broke up, Yang Ying has been very caring for Huang Xiaoming. Her usual active company and birthday uniform party for Huang Xiaoming have made Huang Xiaoming feel very happy!

With the help of Huang Xiaoming, Yang Ying gradually transferred her career to the mainland, and all the resources and opportunities were surrounded by Yang Ying with the help of Huang Xiaoming.

Soon, Yang Ying’s name gradually became known in the mainland, especially when she participated in Zhejiang Satellite TV’s "Run, Brother" in 2014. Yang Ying felt even more at the height of the sun.

In 2014, Huang Xiaoming revealed his love affair with Yang Ying, and the following year, in Shanghai, Huang Xiaoming held a sky-high "wedding of the century" with Yang Ying.

At the wedding, Yang Ying was like a princess doted on by a prince, with happiness on her face.

So far, Yang Ying has been alone in Qingyun, and her popularity and income have surpassed Huang Xiaoming.

But then, just like the picture below, the status of the two changed. Before attending the event, it must have been Huang Xiaoming in front, and Yang Ying followed behind him, but now Huang Xiaoming can only carry the skirt for her behind Yang Ying.

Perhaps this is the beginning of a change in their marriage, because Yang Yingyi has the capital to fly higher, and Huang Xiaoming may just be a passer-by in her life.

In 2018, rumors of their divorce were rampant in the city, but I don’t know if it was true or not. Later, it was discovered that the company Huang Xiaoming once used to package Yang Ying had been cancelled, and the two had no business connection in 2020, which made people wonder if their marriage was in crisis.

As expected, on January 28, 2022, Huang Xiaoming and Yang Ying officially announced their divorce, and their marriage lasted less than seven years.

As mentioned at the beginning of this article, their divorce did not cause a sensation in the outside world, because people seemed to have expected their marriage.

Now that they are still developing on their own paths, their marriage may allow them to understand each other better and understand life better. Believe what they say "be grateful for everything in the past, and the future is still family"

Who else will they meet in the future, and what exciting stories will there be? Maybe in the near future…

For their stories, you can follow and leave a message.

Responsible editor:

Big S "Sword Rain" plays a female killer, fragrant stills explode charming figure

  Directed by John Woo, the martial arts suspense love masterpiece "Sword Rain" has recently been exposed, and the pornographic female killer portrayed by Big S in the film has been exposed in advance. This is also the bold outflow of Big S’s first martial arts appearance.

  "Sword Rain" was jointly invested by Pony Pentium Film and Hong Kong Media Asia Variety. The high cost, the heavyweight production team, and the joining of 12 international big-name actors make it one of the most anticipated blockbusters. In addition, the appearance of several sexy actresses, including Big S, Lin Xilei, Wu Peici, and Jiang Yiyan, also added a bit of "spring" to this martial arts suspense love masterpiece. In the film, Big S plays a lustful female killer with agile shots and a pungent personality. One of her classic lines in the play has the taste of a modern avant-garde woman: "What’s good about a man, it’s better to be a girl, it’s more interesting to play with a man." In the exposed photos, Big S was lying on a bed, her body only wrapped in a piece of silk, and her perfect body was revealed to the fullest. A fat man beside her might be her "prey".

  According to the filmmakers, Big S’s characters are sexy, humorous, and have avant-garde lines. His characters indirectly reflect today’s feminist ideas. Big S, who starred in martial arts films for the first time, will continue to surprise audiences. "Sword Rain" will be released globally at the end of September this year.

The next page pictures are more exciting

Live up to users’ ardent expectations, Avita’s sales broke records in January

I still remember that Avita achieved a new delivery record of 6,106 units in December 2023, breaking the previous delivery record. A month later, Avita ushered in a "good start" in 2024, with deliveries reaching 7,059 units in January, once again breaking the delivery result in December, which is amazing.

Specifically, in January 2024, Avita 11 delivered 2,038 units, Avita 12 delivered 5,021 units, and is in the process of continuous climbing. However, compared with the huge sales of Avita 12, the current delivery volume does not seem to meet the expectations of users. In response to this problem, Avita held a "meeting this moment" user meeting in celebration, saying that Avita 12 will deliver 8,000 units in March, with the fastest speed and the best quality, to repay the trust and love of users.

Avita’s approach of taking the initiative to explain the situation and expressing its position to users is really very popular. You know, Avita, as a future intelligent luxury brand born out of the industry-leading intelligent electric vehicle technology platform CHN, brings together the top advantages of Changan Automobile, Huawei, and Ningde Times three industry giants in their respective fields. Its Avita 11 and Avita 12 models have a good performance of intelligent strength. Judging from Avita’s attitude towards users, there is no lack of humanization and warmth, and it lives up to the love of users.

Looking at the entire smart car market, Avita’s overall strength can rank among the top. Specifically, Avita’s dual flagship models are fully equipped/iteratively upgraded with Hongmeng cockpit and Huawei’s high-end intelligent driving system HUAWEI ADS 2.0, bringing users a far-ahead intelligent experience. With the blessing of the three lidars standard in the whole series, Avita’s flagship models have the industry’s top-class accurate perception ability, and with Huawei’s high-end intelligent driving system ADS 2.0, the intelligent driving ability is excellent.

According to the official data of Avita’s smart driving, the accumulated mileage of Avita’s smart driving is 35 million kilometers, accounting for 23% of the total mileage, and the accumulated call of smart parking assistance is 3.70 million times. Such data shows that Avita’s smart driving function has been fully trusted by users and used frequently. Moreover, Avita’s efficient "evolution" ability has always been praised by users, which can bring users a "frequently used and new" car experience.

For example, on January 31st, Avita Technology officially announced that it will start pushing OTA upgrades to all Avita users from now on. Among them, Avita 12 ushered in the first major version of OTA upgrade, and Avita 11 was updated again with continuous OTA, with a total of 30 + feature updates. Through this OTA upgrade, we have reason to believe that Avita will continue to adhere to longevity, accelerate the delivery process, and continue to improve its own strength and intelligence.

Geely Automobile has made another subversive work, Xing Yue L Geely Automobile is another "killer"

Today, Xiaobian picked a car and introduced it to everyone. It is. Let’s take a look at it next.

Let’s take a look at the appearance of Xingyue L. The front face of Xingyue L looks very dynamic and looks very domineering. The front headlights are stylish and simple, adding a touch of exquisiteness. The car is equipped with LED daytime running lights, automatic opening and closing, adaptive far and near light, delayed closing and so on. Coming to the side of the car body, the size of the car body is 4795 mm * 1895 mm * 1689 mm. The car adopts moving lines, and the car body presents a domineering design style. With large-sized thick-walled tires, smooth lines run through the whole car side. In the rear part, the overall shape of the rear of Xingyue L echoes the front face, and the taillight style is more comfortable, and the whole looks very avant-garde.

Sitting in the car, the interior looks very hard, which is very in line with the tastes of young consumers. The steering wheel of this car is very individual in shape, equipped with the functions of manual steering wheel up and down+front and rear adjustment, and its practicality and face value are not bad. From the central control point of view, the 12.3-inch central control screen is used for decoration, which makes the interior design quite layered and delicate. The dashboard and seats give people a good feeling, too. Let’s take a look. The dashboard of this car presents a dynamic design style, which is very eye-catching. The car uses leather seats, which are wrapped in place and are very comfortable to ride.

The performance of the space in the trunk of Xingyue L is relatively good, the opening size is in line with its positioning, and the family’s storage needs can be met. In addition, the car is equipped with fatigue warning, anti-lock braking (ABS), LED daytime running lights, brake assist (EBA/BAS, etc.), brake force distribution (EBD) main driver airbag, co-pilot airbag, side airbag curtain, front side airbag and other safety configurations.

This car performs well in terms of space and configuration. As for the design, everyone has everyone’s aesthetics. Interested riders might as well go offline and actually experience it.

On July 29th, Jet Li said that patriotism is the premise of friendship.


1905 movie network news On April 21st, the film was released in Beijing, attended by Yu Dong, president of Bona Film, Xiang Huaqiang, chairman of China Star Film, and Chen Lan, together with Jet Li and Zuo Zuo, and announced that the film will be officially released on July 29th. At the press conference, Jet Li recalled his co-production with China Star, and said with emotion that the most important value guarantee for co-operation with him is to safeguard the dignity of the motherland and territorial integrity.

 

"The Legend of the Gods" stars gathered in Jet Li to join hands with China Star again.

 

The story of the Romance of the Gods is widely known in China: Jiang Ziya assisted Zhou Shi (Zhou Wenwang and Zhou Wuwang) in the crusade against the wanton tyrant Shang Zhouwang, and people, immortals, demons and demons fought wits and fought bravely, and finally the gods returned to their places, making the world awe-inspiring. Jet Li, Fan Bingbing, Huang Xiaoming, Wen, Louis Koo, Angelababy, Jacky, Tony Leung Ka Fai, Summer Xu, Zu Feng and Chen Xiaochun were invited to perform in this film "Legend of Gods", with Xu An as the director and Ye Weixin as the producer. Xiang Huaqiang said: "It has its own world. We also have our own world of gods, so I spent a lot of money on costumes and landscaping, and made a lot of CG special effects. I hope it will be a family movie."

 

At the press conference, besides the 30-second trailer of The Legend of Gods, a wonderful video about the cooperation between Jet Li and China Star was also shown. This carefully edited video is a gift to Jet Li, the couple’s old friend. In the video, the wonderful moments of classic works such as Black Xia, which was co-produced by Jet Li and China Star, were flashed back. Jet Li couldn’t help looking back on the past years. "Speaking of which, the last time I worked with China Star, it was in 1998, which was already in the last century. After so many years, I am really happy to be able to catch up with my old friends today. "

 

Jet Li recalled the friendship with Xiang Huaqiang and emphasized the importance of patriotism.

 

It is understood that Jet Li’s participation in "The Legend of the Gods" is entirely due to Xiang Tai’s sentence, "Everyone is a friend for many years, not pointing a gun at his head like the legend." Xiang Tai also revealed that the age span of Jiang Ziya played by Jet Li is from two months to two hundred years old. "So everyone hopes to see Jet Li’s handsome appearance at the age of 17." Jet Li also recalled his friendship with the couple with great emotion: "They influenced my life’s values, that is, to safeguard national dignity and territorial integrity at all times. Everyone may think that they are legendary, but they are all very patriotic. In the past 30 years, we have experienced the tsunami together, and the One Foundation was also helped by them. Unlike the legend in the gossip, our friendship is very heavy. "

 

In the film, Xiang Huaqiang’s son plays a muscular version of Lei Zhenzi to the left: "He loves to help others, is also very honest and frank, is very filial, and is still a bit like me." To the left, Jet Li, the "Jiang Ziya" in the film, is also a life mentor in his life. "My martial arts study was influenced by Jiege. This time I saw him play Jiang Ziya, who is 200 years old. It was very hard to stick that beard. He was too dedicated." Jet Li said with a smile: "Dedication is dedication, but complaints are definitely flying all over the sky." Jet Li also said that he grew up from a little fat man to the left. "I have always advised him to learn more knowledge and become a boss in the future, but he won’t listen and must be an action star. I want to say let him practice wrestling. I didn’t expect him to persist for five or six years from the age of 25."

Don’t get lost in this booth map.

This year’s Chengdu International Auto Show opened a total of 11 vehicle exhibition halls, with 129 automobile brands including German, American, legal, Japanese, Korean, joint venture and independent, exhibiting nearly 1,600 vehicles, including many world premiere and hot-selling explosive models. In which exhibition halls are these heavy new cars worthy of attention distributed? How can I not get lost in the vast Xibo City? Next, this beautiful auto show bitmap will guide you to find your favorite car quickly.

Hall 1

Focus on new cars

Guangqi Honda 2024 Odyssey: In the China market, Odyssey has won the trust of consumers with its spacious space, comfortable ride, rich configuration and stable quality. The 2024 Odyssey made its debut at Chengdu International Auto Show, with a price range of 235,800-439,800 yuan, which meets the latest national emission standard of six B. More than 10 functions such as intelligent switching system of far and near light, digital key, remote operation of air conditioner and intelligent voice recognition have been added. Equipped with a 2.0L hybrid power system, the maximum power is 146 HP (107KW) and the peak torque is 175N·m, matching the E-CVT gearbox. The official fuel consumption is 5.88L/100km.

Guangzhou Automobile Toyota Fenglanda: Fenglanda, which is widely loved by young consumers, is the first choice for entry-level SUVs, and has achieved excellent sales of nearly 160,000 units since its listing. At present, it is an inevitable choice for young people in the era of rational consumption to carry out the premium again after matching the smart electric hybrid dual engine.

Dongfeng Honda CR-V: The sixth generation is larger in size and has a hybrid version.

Ford Ranger: the star pickup truck that has attracted much attention has been made in China for a long time.

Nissan ARIYA ARIYA: The price has just been reduced, which is worthy of attention.

No.2 hall

Focus on new cars

SAIC Volkswagen ID.3: After the price reduction, the order immediately exceeded 10,000, representing the cost performance.

SAIC Volkswagen Weiran: Volkswagen’s flagship MPV model based on MQB Evo architecture is a treasure daddy model. As a modified version, the 2024 Weiran was launched today. The interior design of the new car has been adjusted, and the power and configuration remain unchanged. With reference to the official guide price of 289,800-402,800 yuan for the Weiran system currently on sale in China, it is expected that the new models after the change will also remain in this price range.

Roewe D7: the first new car in the new energy sequence.

Geely Yinhe L6: The first car under the Geely Yinhe brand opened for pre-sale today. It was previously revealed that the pre-sale price range was 140,000-180,000 yuan. There are four models, which are available in 60km and 125km pure electric endurance versions, equipped with Raytheon 1.5T hybrid special engine and 3-speed variable frequency electric drive DHT Pro. The comprehensive endurance of WLTC is 1320km and 1370km respectively, the acceleration time from 0 to 100km/h is 6.5s, and the fuel consumption of WLTC is 4.55L/100km;. The new car comes standard with DC fast charge, and it takes 0.5 hours for 30%-80% of the power.

No.3 hall

Focus on new cars

BYD Song L: This is one of the heaviest models released by BYD at this auto show. It is positioned as a pure electric hunting medium-sized SUV. The car is equipped with blade battery, CTB battery body integration technology, intelligent electric four-wheel drive, cloud system and other technologies. The power system is a rear-drive single motor and a four-wheel drive dual motor. The former has a maximum power of 230KW, while the latter reaches 380KW, and the zero-speed acceleration reaches 3 seconds. Vehicle design is a big selling point. Before that, some netizens commented that it was "the best BYD model designed at present". Frameless doors and concealed door handles are standard, and the highly acclaimed five-star rim has also been preserved. The whole car is smart and not bloated, and the segmented spoiler and the electric lifting tail give it a different taste.

Looking up to U8: The voice is extremely high, and it is called the light of domestic new energy.

Tengshi N8: You can walk the streets in the city or go out for a cross-country "daddy car".

Haobo GT: The cheapest rotor door, quite cool.

Equation Leopard-Leopard 5: Hard-core SUV, the acceleration of zero hundred is only 4.8 seconds, which is hard to imagine.

No.4 hall

Focus on new cars

Great Wall Tank 400 Hi4-T: The pre-sale will be started at the auto show today, and the estimated price is 250,000-300,000 yuan. The new car adopts the latest mecha style of the tank family, with the same wheelbase as the tank 500. It adopts a non-loaded body and is equipped with a 2.0T+9HAT hybrid system. The comprehensive power reaches 300KW, the comprehensive torque reaches 750N·m, the pure battery life is 105km, and it supports the external discharge function.

Mercedes-Benz AMG SL 63: Since its release in 2021, AMG SL 63 has attracted many young consumers with its elegant soft-top convertible structure. At this auto show, the brand-new Mercedes -AMG SL 63 will be launched. The car is equipped with a 4.0T V8 engine, with a maximum power of 430KW and a peak torque of 800 N m. It only takes 3.6 seconds to accelerate 100 kilometers. The convertible mechanism can be opened and closed in 15 seconds when the vehicle speed is below 60 km/h.

No.5 hall

Focus on new cars

ICAR 03: the combination of hard-core cross-country and mecha style.

Mazda CX50: a brand-new product of oil and electricity platform, intelligent non-inductive cylinder technology.

Jietu Traveler: Positioning hard-core medium-sized SUV.

Chery eQ7: newly launched, the first model based on the first aluminum-based lightweight platform in China, with a greatly reduced body weight and a curb weight of only 1850kg.

Chevrolet Trailblazer and Star Milo: A "cavity fishing tough guy" tailored for fishing enthusiasts, and a "Shan Ye Star Ride" customized for cycling enthusiasts, following the current outdoor trend, and hitting the red heart directly when listening to the name.

No.6 hall

Focus on new cars

Volkswagen ID.7VIZZION: pure electric "magotan" must be seen.

Red Flag HS7: brand-new appearance, available in 5/6/7 seats.

Jetta ABT limited edition: a limited edition new car jointly built with the internationally renowned modified brand ABT, which is the favorite of players.

No.10 hall

Focus on new cars

Zhiji LS6: The medium and large pure electric coupe launched at the auto show is equipped with 800V fast charging system, which can increase the battery life by 200km after charging for 5 minutes.

SUV Lan Tu FREE: Baidu blessing is renewed inside and outside, and the price has been reduced.

Weilai EC6: Based on the NT2.0 platform, it welcomes a new generation of vehicles.

Hall 11

Focus on new cars

Polar Fox Koala: JiHu Koala, listed at this auto show, as an SUV combining innovative technology, unique design and excellent performance, is destined to become the focus of hot discussion among consumers. The pre-sale price of the new car is currently 150,000 yuan. It is reported that the new car adopts advanced power system combined with efficient energy management to achieve better driving performance and fuel economy. At the same time, it is equipped with a series of intelligent driving assistance systems to provide a higher level of safety and driving pleasure. The new car is expected to be equipped with a single-motor rear-drive system with a maximum power of 120KW and a battery pack of 58.8kWh. CLTC has a comprehensive battery life of 500km.

Feifan F7: Blessed by SAIC, with a wheelbase of 3m and Bach cockpit.

Zero run C11: The sales volume is "dark horse". I wonder what makes it so difficult.

No.14 hall

Focus on new cars

BMW IX1: IX1 is based on the brand-new domestic X1 long wheelbase model, and the interior space reaches iX3 level, which is one of the most eye-catching models of BMW at the auto show. The biggest highlight of the new car is the launch of the car-machine interactive system equipped with iDrive9.0. This is the first BMW car-machine interactive system based on Android, and its openness and application number have ushered in unprecedented growth. In terms of power, it is equipped with a dual-motor powertrain. The maximum power of the front and rear motors is 150KW, and a ternary lithium battery pack of 66.45kWh is used. Under CLTC conditions, the pure battery life is 450km.

Cadillac LYRIQ Ruige: The official price has just been reduced by 60,000 yuan, and the deposit is inflated, which is very tempting.

No.15 hall

Focus on new cars

Jaguar E-PACE: As the only domestic Jaguar SUV, E-PACE effectively lowers the entry threshold of Jaguar SUV. The new car will make its debut at Chengdu International Auto Show, becoming one of the few fuel vehicles to make its debut at the auto show. The new car is equipped with 1.5T and 2.0T engines, and the maximum power is 147KW(200Ps) and 183KW(249Ps) respectively, both of which match the 9-speed automatic manual transmission. In terms of appearance, it continues the style of overseas mid-term redesigned models, and the interior has also changed. The latest 11.4-inch high-definition curved touch screen and brand-new electronic shift lever design will be replaced.

No.16 hall

Focus on new cars

Lotus ELETRE: a pure electric SUV with super-running pedigree.

Extreme Yue 01: Jidu ROBO-01 was renamed Extreme Yue 01 and made its debut at Chengdu International Auto Show. Backed by Baidu, the delivery time is in October. As the reincarnation of the concentration, it focuses on intelligence and deserves attention.

Warrior: Go and feel the grandeur of thousands of electric off-road vehicles.

What surprises will the four brands of Chery bring to Chengdu Auto Show?

  Chengdu International Automobile Exhibition 2023 will officially kick off on August 25th in West China International Expo City. As the most important international auto show in Southwest China, it has always been a stage for major auto brands to "show their muscles". As the representative of China’s own brand, Chery Group is also ready to go. Four brands, Chery, Xingtu, Jietu and iCAR, will jointly participate in the exhibition with more than 30 heavy models, showing strong brand upward potential.

  As of August 20th, Chery’s cumulative sales volume has exceeded 1 million vehicles this year, running out of the "acceleration" again, two months ahead of last year’s million sales volume. Chery Group has achieved "double growth" from the same period of last month under the background of "double decline" from the same period of last month, continuing the strong trend of sprinting sales to new highs for months since this year. What surprises will Chery bring us at this Chengdu Auto Show? Let’s take the lead and have a quick look!

What surprises will the four brands of Chery bring to Chengdu Auto Show? _fororder_image001

Chery Group landed at Chengdu Auto Show with four major brands.

  The ultimate price of oil and electricity is higher than that of the new Tiggo 7 PLUS.

  At this year’s auto show, Chery brand will bring its three major series and new energy heavy models to the show. In addition to the Tiggo 9, Arrizo 8 high-energy version and the newly-launched Exploration 06, the Tiggo 7 family will also welcome new models to market, and consolidate the new benchmark of A-class SUV value with its advanced scientific and technological strength. As the most successful model sequence of Chery brand, the Tiggo series quickly responds to iterations. At this auto show, two models, the Tiggo 7 PLUS Champion Edition and the Tiggo 7 New Energy Champion Edition, will be launched, with fuel+hybrid two-line force.

What surprises will the four brands of Chery bring to Chengdu Auto Show? _fororder_image002

Tiggo 8 New Energy Champion Edition+Tiggo 7 New Energy Champion Edition

  The Tiggo 7 New Energy Champion Edition, which will be listed at this Chengdu Auto Show, has three core advantages: super electric hybrid, super safety and super smart enjoyment. At the same time, it expands the vehicle lineup, and creates a super high price-to-performance ratio with the same-level leading electric hybrid technology, the same-level leading intelligent cockpit, the same-level super-high active and passive safety standards, and the only vehicle in the industry and the three-power lifetime warranty, which brings users more diversified new energy car purchase options. With the launch of the Chery Tiggo 8 New Energy Champion Edition and the Tiggo 7 New Energy Champion Edition, Chery Automobile will formally form a Chery hybrid Gemini layout consisting of the Tiggo 8 New Energy Champion Edition and the Tiggo 7 New Energy Champion Edition, covering the mainstream electric hybrid market within 150,000 in an all-round way, and satisfying users’ travel with a diversified vehicle lineup.

  The new generation of Tiggo 7 PLUS Champion Edition is positioned as "the value benchmark of 100,000-class SUV", which is specially designed for "Lohas Youth". It continues the "three highs" product gene with high value, high value and high safety of the Tiggo 7 PLUS model, and is equipped with the fourth-generation 1.5TGDI engine of Chery Kunpeng Power for the first time, and it has the only super start in its class, with an acceleration of 0-60km/h of only 3.8s and a fuel consumption of only 6.58L per 100 km. With the launch of the Champion Edition, the new generation of Tiggo 7 PLUS Champion Edition family will refresh the industry value benchmark with the brand-new "the strongest Kunpeng dual-power combination of the same class", further high price-performance ratio and richer product lineup, and become a must-have item for users to travel. Not only can it provide more choices for users to travel, but it will also help more young users to easily start a beautiful car life with Chery’s fourth-generation ACTECO engine and the ultra-high price-performance ratio of "increasing the quantity without increasing the price".

What surprises will the four brands of Chery bring to Chengdu Auto Show? _fororder_image003

A new generation of Tiggo 7 PLUS Champion Edition

  Leading high-end travel, Star Road, Eta Ursae Majoris Flying Fish Edition and Star Era ET to open "Super Comfort, New Experience"

  As the "spire" of Chery Pyramid, Xingtu is committed to bringing intelligent, luxurious and energetic high-end travel experience to the new middle class in the city. In 2023, Starway, which entered the era of 2.0, ran hard in an all-round way and accelerated the drawing of the future "445" product matrix blueprint. At the Chengdu Auto Show, the launch of Eta Ursae Majoris Flying Fish Edition and the launch of Star Era ET interior will be the two most important star attractions of Star Road booth. In addition, Star Era ES, which will be launched in the fourth quarter, as well as a new generation of moon-hunting, a new generation of Lingyun and wind-chasing PHEV, will all debut, and a super comfortable and new experience journey will soon set sail happily.

  Since its listing in February, Eta Ursae Majoris has launched a "luxury affirmative action" campaign in the 200,000-yuan SUV market with a user value twice the retail price. Among many highly competitive functions, Flying Fish Super Chassis accounts for 67% of car purchases, which has won unanimous praise from users. Eta Ursae Majoris Feiyu Edition will continue to decentralize this function, and at the same time, it will add a new powertrain equipped with 2.0T+ Aisin 8AT to carry out luxury equality to the end.

What surprises will the four brands of Chery bring to Chengdu Auto Show? _fororder_image004

Eta Ursae Majoris Flying Fish Edition

  As the first high-end electric SUV in Star Age, Star Age ET adheres to the aesthetic concept of "super comfortable home", takes "warmth, comfort, luxury and elegance" as the design theme, adopts indoor home design techniques, and creates a modern sense of luxury and luxury through the collision of lights, real wood and real aluminum. Create a super comfortable 6A healthy cockpit that leads the industry for users, and make the car a cockpit and a second home.

What surprises will the four brands of Chery bring to Chengdu Auto Show? _fororder_image005

Xingjiyuan ET

  Focus on the travel scene and shake it. Jietu travelers will start pre-sale

  Jietu Automobile focuses on the "Travel+"market segment, builds products with the concepts of scene, ecology and platform, and also builds a more perfect travel ecology and product matrix. It is understood that Jietu Automobile will open the pre-sale of Jietu travelers at Chengdu Auto Show. The pre-sale models include 1.5T and 2.0T power models. Jietu travelers adopt the design language of "the way of vertical and horizontal", showing the beauty of toughness. The posture of the whole vehicle is powerful, the suspended roof is equipped with luggage rack, and the generous black broken-line wheel arch and large-size rim are extremely off-road temperament. The small schoolbag at the tail is a classic design of off-road SUV. The rear taillights set vertically on both sides are wrapped in a black frame, and the shape of the rear bumper echoes the front face.

What surprises will the four brands of Chery bring to Chengdu Auto Show? _fororder_image006

Jietu traveler

  Of course, Jetway travelers are not only domineering in appearance, but also unambiguous in lining. The new car is equipped with the industry’s first XWD fully automatic intelligent four-wheel drive system, which brings very strong grip, high passability and ability to get out of trouble. With the empowerment of Borgwarner’s sixth-generation torque manager and intelligent differential lock, TA can win both urban roads and outdoor cross-country.

  Intellectual fun playmates make a stunning appearance in iCAR 03 and join hands with millions of users to "dare to be fun"

  Since the official release of "New Power" brand iCAR, Chery’s layout on the new energy track has been further accelerated, and at the same time, it has constantly challenged its own limits, innovated its marketing methods, and launched a number of user co-creation activities including appearance co-creation and i-VA virtual people, so as to establish a deeper emotional and value resonance with users and realize mutual two-way travel. At this auto show, iCAR will join hands with its vanguard iCAR 03 to make a stunning appearance, and the interior of the "intellectual playmate" SUV will usher in the first real car exposure! It is worth looking forward to that iCAR 03 will also join hands with a number of heavyweight big coffees to launch "iCAR 03′ s first China car crowdfunding early-adopter activity — — Millions of users and millions of kilometers long test ceremony, dare to play in the wild, specially for chasing new young people! There is also a mysterious modified car of "landing on Mars", which is worth finding out!

What surprises will the four brands of Chery bring to Chengdu Auto Show? _fororder_image007

iCAR 03

  At this Chengdu Auto Show, eQ7, which was popular before it went on the market, will also make a heavy debut. As the first home pure electric SUV built by China’s first aluminum-based lightweight platform, eQ7 was born for real travel scenes of home users, bringing a new definition of home pure electric SUV. At the same time, the familiar QQ ice cream, small ants and other models will also be renewed, Q moving Rongcheng.

  Enjoy Rongcheng intelligently and see the future! From August 25th to September 3rd, four brands, Chery, Xingtu, Jietu and iCAR, will bring more than 30 heavy-duty models to Chengdu West China International Expo City, and come to Hall 5, H501 Chery booth to experience brand-new models, explore pioneering technology, and have many interesting ways to play. (Photo: provided by Chery Automobile)

One car gives consideration to multi-dimensional safety, which is the reason for choosing the M5 Smart Driving Edition!

  "It costs money to buy an oil car, but it costs life to buy a tram". After witnessing the news that many batteries caught fire, collided and fell apart, and the intelligent driving failed, many users love and fear electric cars. Want to experience its performance and economy, but worry about its security. In fact, we don’t have to give up eating because of choking. Whether an electric car is safe or not depends not on whether it is an "electric car", but on the safety strength of the vehicle itself. So, what kind of car is "safe" in the current new energy market? The answer to this question can be given to you by asking the M5 version.


  Active and safe, high-level intelligent driving covers more scenes.

  Examples of smart driving failures of some brands are not uncommon, which is also the key reason why many users are uneasy about smart electric vehicles. In this regard, I am very cautious about asking the M5 Smart Driving Edition. The HUAWEI ADS 2.0 advanced intelligent driving system equipped with this car is a leading presence in the industry. It is equipped with 1 overhead lidar, 3 millimeter-wave radars, 11 high-definition cameras for lateral and backward visual perception and 12 ultrasonic radars, which can accurately perceive both static targets and dynamic objects. It has laid a solid foundation for every safe trip.


  The excellent hardware configuration determines the active safety performance of the M5 Intelligent Driving Edition in practical vehicles. Previously, some media have tested the pilot assistance function of this car together with Tucki G6 and Ideal L7MAX. In the urban ground road scene, for the intersection passing success rate test project, the crossing passing success rate of Zhijie M5 version reached 98.86%, while that of Tucki G6 was only 96.43%, which shows the superiority of the former in active avoidance. This also means that when we pass through intersections and traffic lights, it can effectively identify and ensure our safe passage. If there are pedestrians on the zebra crossing, they will also recognize courtesy to avoid the risk of accidents due to occasional distraction when driving and failure to pay attention to the pedestrians and vehicles in front.

  In the same scene, the coverage mileage of pilot-assisted driving in Wenjie M5 version is better than Xiaopeng G6, with the former reaching 93.86% and the latter only 82.86%. Obviously, the former has more time to free the driver’s hands and travel more easily. In the test project of the success rate of ramp import and export in the urban elevated road scene, the success rate of Wujie M5 version is as high as 100%, and the ideal L7Max is only 35.71%. Coincidentally, in the MPI (Average Takeover Mileage) of inter-city expressway, the intelligent driving version of the M5 is 270.67km, and the ideal L7Max is only 41.31km. It can be seen that, as far as reliability is concerned, the M5 version of Zhijia has the strength of "real money and silver". No matter the complex road conditions in the urban area, or the road conditions such as urban elevated roads and intercity highways, this car can easily help us cope with it, and it is a close-fitting "old driver".


  At the same time, Wujie M5 Smart Driving Edition also has four MIMO (Multiple Input Multiple Output) antennas for mobile communication, with higher signal strength, wider coverage and smoother smart driving experience. In addition, it has a strong ability to recognize and process objects by integrating the sensing bird’s eye view network (BEV) and the general obstacle detection (GOD) network. This is not to brag about the M5 version, but to have facts and basis. In the AEB (Automatic Emergency Braking) test safety response speed boundary test held by Autolab, the performance of many test items set by the media with the M5 intelligent driving version directly surpassed Tesla Model Y, Ideal L9 and other models.


  Specifically, in the mixed scene of stationary cars and pedestrians at the front and rear, the complex environment and changeable factors will test the driver’s concentration and driving ability, and a collision will occur if he is not careful, which is also an important scene to test smart driving. In the test in this scenario, the response performance of Jiejie M5 Intelligent Driving Edition at the speed of 90kph far exceeds the response capability of Tesla Model Y at the speed of 60kph, and the former has faster response and higher safety.

  In addition, "adult ghost probe", as a high-incidence cause of accidents in urban areas, makes many drivers call it "headache". In the actual measurement, when the response speed of Tucki P7i and ideal L9 is 35kph and 65kph respectively, the intelligent driving version of Wenjie M5 is one step ahead with a score of 75kph, not to mention the "side dummy" which is difficult to recognize by other models.

  In fact, people’s living boundaries are constantly being broken, and people are looking forward to exploring the diversity and richness of life. Cars that can meet the needs of multi-scene travel are precious, especially with the label "high safety in smart driving", it is difficult not to become consumers’ hearts. Obviously, among the above-mentioned models, the intelligent driving version of the M5 is obviously more worthy of choice.


  Passive safety is excellent, and multi-dimensional protection eliminates security risks

  The battery safety of electric vehicles has always attracted much attention, and the M5 Smart Driving Edition has adopted many "black technologies" to break everyone’s doubts. This car battery comes from a top supplier, and each battery cell adopts diaphragm fire-proof coating technology to avoid safety risks from the root. At the same time, the advanced BMS battery management system can provide early warning and protection in time after the thermal runaway signal appears, and further kill the safety risks such as fire in the cradle.


  For body safety, this car uses a cage-type safety body with higher safety. More than 60% of the body is made of high-strength steel, and the proportion of thermoformed steel is 19%. This also means that asking for the M5 version is equivalent to protecting every passenger in the car in the "safety net", which greatly reduces the possible casualties after the collision.


  Not only that, in the cockpit, this car is designed according to the standard of "China Automobile Health Index (C-AHI)", and adopts an environmentally friendly water-based glue adhesive which can reduce odor volatilization. A good interior environment can bring health protection to every passenger in the car, and it can also ensure worry-free travel. Previously, this car had won the passenger car Health+ cockpit certification, CN95 health cockpit 5A certification and China automobile health index C-AHI all five stars.

  tag

  From the recent industry media measurement, we can intuitively understand that the M5 version of Zhijie has achieved the ultimate in active and passive safety, ahead of many competing products at the same level. An electric vehicle with excellent safety is enough to eliminate everyone’s concerns about the safety of electric vehicles. Based on this, the intelligent and safe version of the M5 Intelligent Driving Edition undoubtedly provides a better direction for everyone’s choice.

On the 9 th, the organization pushed to buy 6 shares, which was extremely underestimated.

  Poly development

  Low-margin projects reduce performance, and high-priced soil reserves are gradually released.

  Matters:

  On January 5, the company released the 2022 performance report, and it is estimated that the company will realize operating income of 281.1 billion yuan in 2022, which is-1.4% year-on-year; The net profit of returning to the mother was 18.3 billion yuan, a year-on-year decrease of -33.2%.

  Guoxin Real Estate’s point of view: 1) Affected by the decline in gross profit margin and equity ratio of the project carry-over, the company achieved a net profit of 18.3 billion yuan in 2022, which was -33.2% year-on-year. This time, the company’s performance was fully released, and with the large number of follow-up high-quality projects carried forward, it is expected that the company’s performance level will be improved; 2) The company’s sales performance is better than the industry average, ranking second in the industry this year, and monthly sales continue to repair. With the economic recovery and the continuous relaxation of demand-side policies, it is expected that the company’s sales performance will still maintain a good trend in 2023; 3) The company actively responds to the policy and plans to raise no more than 12.5 billion yuan for the construction of 14 projects, which will effectively improve the debt structure and enhance the company’s ability to resist risks; 4) As the leader of central enterprises with stable operation, the company’s short-term performance will not change the company’s high-quality fundamentals. We are optimistic about the company’s long-term value and maintain the "buy" rating.

  Guangzhou Automobile Group

  In 22 years, the production and sales exceeded 2.43 million vehicles, and the performance of new energy was strong.

  Event: The company released the December production and sales express. In December, the output was 200,000 units, down by 25.5% year-on-year and 6.1% month-on-month. The sales volume was 206,000 units, down by 11.8% year-on-year and up by 8.2% month-on-month. The reason for the year-on-year decline of the company’s production/sales in December was mainly due to the high base pressure in the previous period and the impact of the epidemic. Cumulatively, the company’s sales in 2022 reached 2,433,800 units, up 13.5% year-on-year.

  In terms of brands, Guangfeng was under pressure in December, and the sales volume of Guangben/Guangcheng rebounded. In December, Guangfeng sold 74,000 units, down 24.7% year-on-year and 12.9% quarter-on-quarter, of which 17,000 units were sold by Ralink and 11,000 units by Fenglanda. Guangben sold 58,000 vehicles, down 25.5% year-on-year and up 24.6% quarter-on-quarter, of which Accord sold 25,000 vehicles per month. The sales volume of Guangchang was 38,000 units, up 18.1% year-on-year and 47.2% quarter-on-quarter.

  In terms of electric vehicles, Ai ‘an’s monthly sales continued to lead. In December, the sales volume of Ai ‘an reached 30,000 units, up 106.9% year-on-year and 4.3% quarter-on-quarter. Among them, Ai ‘an S sold 13,800 units, accounting for 46.1%, and Ai ‘an Y sold 14,300 units, accounting for 47.7%. In 22 years, the cumulative sales volume of Ai ‘an exceeded 271,000 units, up 125.7% year-on-year. In the future, the sales trend of new energy vehicles is generally upward, but due to the price increase caused by the subsidy retreat in early 2003, the sales growth of Ai ‘an is expected to slow down in January.

  Form an autonomous layout of battery electric drive, and continue to promote electric intelligence. The company established Guangzhou Automobile Ai ‘an Inpai Battery Technology Co., Ltd., and invested 10.9 billion yuan to carry out the industrialization of independent batteries; Ruipai Power Technology Co., Ltd. was established and invested 2.16 billion yuan to carry out independent research and development and industrialization construction of IDU electric drive system. In terms of intelligence, the company released the research and development achievements of the whole vehicle cross-domain standardized operating system Psay OS, the newly upgraded ADiGOSPACE intelligent cockpit system, and the ADiGOPILOT intelligent driving system based on the Spirit architecture, and the new SUV Binzhi of Guangben realized the intelligent upgrade, helping to realize intelligent travel in the whole scene. At present, GAC’s new energy business continues to grow steadily, and the degree of mixing of Chuanqi vehicles continues to increase. We believe that the company’s new energy vehicle sales are expected to continue to grow in 23 years with the gradual formation of the advantages of independent new energy industry chain and the intelligent development of products.

  Profit forecast and investment suggestion. It is estimated that the EPS in 2022-2024 will be 1.02 yuan, 1.12 yuan and 1.31 yuan respectively, and the net profit returned to the mother will maintain a compound growth rate of 23% in the next three years, maintaining a "buy" rating.

  Risk warning: epidemic risk; Risk of chip shortage; The risk that the sales volume of independent and joint ventures is lower than expected; The risk that the price increase of raw materials exceeds expectations; Cost control is lower than expected risk.

  BYD

  Million-level look forward to the release, leading the brand up.

  BYD’s "Looking Up" was officially launched, and the SUV looked up to U8 and pure electric supercar U9 were released.

  On January 5th, () held the brand and technology conference of "Dare to Leap the Star River" in Shenzhen, officially released the brand-new high-end automobile brand "Look Up" and its core technology "Easy Sifang", and simultaneously released two models, namely, look up to the first million-class new energy hard-core off-road U8 and the million-class pure electric performance super-run: U8 will be the brand’s first mass-produced model, with a car length of over 5 meters and a car width of over 2 meters, giving consideration to excellent off-road. U9 is also equipped with an easy-to-square power system, with an acceleration of 2 seconds at zero speed, and adopts an electric intelligent butterfly door to create an extremely safe body structure. We maintain the company’s net profit forecast for 22-24 years at 113.9/212.3/30.62 billion yuan, and adopt the segment valuation method to give the company a target price of 348.40 yuan, thus maintaining the "buy" rating.

  The brand-new "Easy Sifang" technology platform is equipped with all models as standard.

  "Easy Sifang" technology is a set of power system with four independent wheel motors as the core, which reconstructs the characteristics of new energy vehicles from three dimensions: perception, decision-making and execution. This technology fully strengthens vehicle safety through a more perceptive electric drive system: after a single wheel has a flat tire, the driving wheel makes a powerful compensation intervention in time to help the vehicle brake stably and controllably; It has good tightness of the car body and cockpit, and can obtain emergency floating ability by virtue of four-wheel independent vector control function. In addition to safety, the highest rotation speed of the platform is 20500rpm, and the horsepower of the whole vehicle is over 1,100 horsepower. The fastest acceleration of 100 kilometers can achieve 2 seconds, and it can realize in-situ U-turn on high-adhesion roads such as asphalt roads. When the steering gear and brake are not working, the braking distance of 100 kilometers less than 40 meters and the agile steering ability of less than 12 meters can be realized.

  Tengshi, look up to two high-end brands, and jointly promote the company’s brand.

  In 2022, BYD made a great breakthrough in the mainstream market of new energy vehicles by virtue of the "two-wheel drive" strategy of E platform and DM-i platform, and became the global sales champion of new energy vehicles with annual sales of more than 1.86 million vehicles. The release of Tengshi and brand-new high-end brands fully demonstrates BYD’s cutting-edge technological advantages, which is expected to strengthen the company’s right to speak in luxury markets and high-end markets and enhance brand tonality. Since the beginning of 23 years, BYD’s product matrix of "Dynasty+Ocean+Tengshi+Looking Up" has been formally established, which will fully match the needs of various consumer levels and continue to strengthen brand influence.

  Maintain the company’s "buy" rating

  We maintain the company’s revenue and profit forecast for 22-24 years, and adopt the segment valuation method. Based on the 23-year revenue and net profit forecast, we give 1.91 times PS to the automobile business, 2.01 times PS to the rechargeable battery business, and 16.07 times PE to the electronic business, corresponding to a total market value of 1,014.196 billion yuan and a target price of 348.40 yuan (the previous value was 317.16 yuan), and maintain ".

  Risk warning: the uncertainty of macro-environment throughout the year may affect income; In the future, the competition in the industry will intensify, and the order volume will be less than expected; The fluctuation of upstream materials leads to a sharp increase in costs.