The power is precious, and the value is higher. If it is the price, both can be thrown away. I will arrange it for you by the way today. Let’s find out together.

First of all, from the appearance point of view, the Volvo XC90 front shape is more exquisite, looks sporty. The headlights are comfortable, and the visual effect looks quite young. The car is equipped with LED daytime running lights, front fog lights, automatic opening and closing, adaptive far and near light, automatic steering, delayed closing, etc. Come to the side of the car, the body size of the car is 4953MM*1958MM*1776MM, the car adopts a personalized line, the side circumference gives a very simple feeling, with large-sized thick-walled tires, the shape is eye-catching. At the rear of the car, the rear of the car looks relatively young and personalized, the taillights are very delicate, and the overall layout is impressive.

Sitting in the car, the interior of the Volvo XC90 presents a beautiful design style, highlighting the layered effect. The exterior of the steering wheel of the car looks very good, and it is made of genuine leather material, giving a good grip experience. Let’s take a look at the central control, with a 9-inch touch LCD central control screen, the interior style is impressive and looks very stylish and simple. Finally, look at the dashboard and seats. The car is equipped with a simple dashboard, which is designed to be more atmospheric. The car adopts leather seats, and the seats are wrapped in place, which is basically enough for daily use.

The car is equipped with vehicle to everything, driving mode selection, remote control key, rear wipers, interior ambient lights and other configurations. The configuration is not bad, and there is no problem in meeting daily use.

After reading the above introduction, let’s make a summary. This level of model is usually the first choice for most people. Firstly, the price is not expensive, and secondly, the various configurations are quite complete, which is still worth buying.

　 　 Liu QingyunThe co-star of Gu Tianle and Li Xinjie is the first film in the country to use 3D technology to shoot fire and fire. It will be filmed on location in the Pearl River New Town CBD from November 24th to 28th. The film is expected to continue the chain benefit of bringing sightseeing effects to the filming location and helping to enhance the popularity of Guangzhou.

　 　 The blueprint of "Escape" is based on the Guangzhou Public Security Fire Brigade as the main creation, telling the touching story of the Guangzhou fire officers and soldiers who were brave and fearless, brave in disaster relief, and tenacious in fighting in a sudden fire.

　 　 In order to more realistically depict the endless stream of crowds and rows of skyscrapers and other scenes, the film chose to shoot on the spot in the Pearl River New Town CBD to reproduce the life of Guangzhou citizens. At the same time, the crew coordinated the use of dozens of fire engines, ambulances and other professional vehicles. Hundreds of fire officers, soldiers, and ambulance personnel participated in the filming, and combined with the later computer-simulated fire effects to create an immersive and exciting feeling for the audience when watching the movie.

　 　 The person in charge of the crew revealed that during the five-day shooting of Zhujiang New Town, temporary traffic control was required on the road about 100 meters away from Zhujiang West Road. The support of relevant government departments and owners along the line was the key to the success of the shooting. The crew tried every means to minimize the impact on traffic and citizens’ lives. Both the crew and the main actors expressed their gratitude to the citizens of Guangzhou for their understanding and support, and felt very cordial to Guangzhou, a city full of tolerance and warmth.

[Autohome Fuyang Discount Promotion Channel] Good news continues! In Fuyang, a dynamic city, it is attracting the attention of many consumers with its excellent quality and excellent performance. What is exciting is that the Cadillac XT5 is currently undergoing an unprecedented promotion, with the highest discount rate reaching an amazing 130,000, making the original high-end model more cost-effective in an instant. The starting price has been adjusted to the 242,700 of the people, which undoubtedly brings great opportunities for Fuyang consumers who are eager to have a luxury experience. If you are interested in the Cadillac XT5, be sure to click the quotation form "Check the car price" below to seize this rare discount moment and strive to achieve greater savings in the car purchase process.

The exterior design of the Cadillac XT5 highlights its sense of luxury and power. The front face adopts a family design language, and the iconic shield-shaped air intake grille is exquisitely chrome for added layers and visual impact. The body lines are smooth, and the overall style is both sporty and stable. It shows the elegant sports aesthetic, whether it is the side profile or the tail design, it shows the unique charm of the XT5.

The Cadillac XT5 presents elegant and dynamic side lines, with a body size of 4813mm*1903mm*1682mm and a wheelbase of 2857mm, providing a spacious interior. The front and rear tracks are 1645mm, ensuring stability and handling. The tire specification adopts 235/65 R18, and the combination of tires and rims is exquisite and practical, creating a stylish appearance of this luxury SUV.

The interior design of the Cadillac XT5 highlights the perfect blend of luxury and technology. The exquisite leather-wrapped steering wheel provides a comfortable grip and supports manual up-down and front-to-back adjustment so that the driver can find the best driving position. The 8-inch central control screen visually displays information and integrates multimedia systems, navigation, phone and air conditioning controls to meet the needs of daily operation. The seat materials include imitation leather and genuine leather, which is both textured and comfortable. The main and passenger seats are equipped with 4-way adjustment functions, including front and rear, backrest, high and low and waist support. The front seats are also equipped with an additional heating function. The memory function of the electric seat allows the driver to easily set personalized settings, while the second row of seats supports front-rear and back adjustment, and the rear seat supports proportional reclining, providing flexible space utilization for passengers and items.

The Cadillac XT5 is equipped with a 2.0T turbocharged engine capable of bursting out 237 horsepower and a maximum torque of 350 N. m. This engine is matched with a high-efficiency 9-speed automatic transmission, providing drivers with smooth power output and driving pleasure.

Overall, the Autohome owner’s evaluation of the Cadillac XT5 is comprehensive and in-depth. He specifically mentioned that although the vehicle’s low chassis design sometimes brings some wind noise, overall, the XT5 achieves a good sound insulation effect through careful tuning, which undoubtedly enhances the driving comfort and tranquility. In addition, the luxurious atmosphere of the exterior design has also won his admiration, allowing people to see its extraordinary quality at a glance. As a luxury SUV, the Cadillac XT5 has undoubtedly won the owner’s favor with its unique design and practical performance.

　　On May 21, the BJ60 extended range version of Beijing Automobile was officially launched, marking the official opening of the new pattern of "oil and electricity dual engine" development in Beijing off-road.

　　BJ60 is the pioneering work of Beijing Auto’s off-road SUV. With the full blessing of the magic nuclear power drive, the BJ60 extended range version has been upgraded to a "relaxed self-driving" family-level luxury electric drive off-road vehicle.

　　The BJ60 range extension version is equipped with a self-stabilizing integrated range extender assembly provided by BAIC Power. This system is the first range extender product of BAIC Power’s new energy transformation. It adopts a direct connection design between the engine and the generator, with a compact structure and high power generation (rated power is 90kW, peak power can reach 115kW), which can provide stable power output with high efficiency.

　　After more than 60 years of wind and rain in the off-road market, the BJ60 extended range version, as a revolutionary new product, marks a key step on the road to electrification in Beijing off-road, and also marks the global alliance of Beijing’s off-road automotive oil/electric products. The Beijing brand product matrix will face new development in the domestic and overseas markets with a more complete array. (Source: BAIC off-road)

When it comes to new cars, everyone can’t help but ask, is it really better?The 2025 Xingyue L will be launched on October 23, 2024. The new car has been upgraded in both configuration and appearance, but whether this change is an evolution or a cold rice, I am afraid everyone has their own opinions.

Since its launch, it has attracted much attention, and with its atmospheric appearance and rich configuration, it has become a popular model in the market for a while.The early Xingyue L was equipped with a 2.0T + 8AT power system, which gave drivers a lot of surprises.Moreover, the interior design of Xingyue L has always been its highlight, from seat massage to headrest audio, it is full of sincerity.

The new 2025 Xingyue L will launch two models, a two-wheel drive version and a four-wheel drive version.Both models are equipped with a 2.0T + 8AT powertrain, continuing the usual style of Xingyue L. However, the new car has added a green paint, a new shape of straight waterfall grille and a silver brand logo to make the car look more stylish.

In terms of interior design, the new car has added a white interior, which is a stunning change, but it has also caused some controversy.The white interior is easy to get dirty and troublesome to clean, which gives many car owners a headache.The new model has cancelled the physical button at the bottom of the central control screen and replaced it with an electronic stop lever of the same style. The position of the wireless charging pad has also been moved to the front of the armrest box.These changes look more modern, but whether they are actually convenient to use remains to be seen.

Some car owners complained on the forum: "It is inconvenient to cancel the physical button operation, especially during the driving process, it is really frustrating to grope for the button." Another car owner said: "Although the electronic gear bar looks high-end, I still like the traditional gear bar, which is easier to use."

In terms of power, the maximum engine power of the new car is 160kW and 175kW, and the peak torque is 325N · m and 350N · m, respectively, matching the 7-speed wet dual-clutch or Aisin 8-speed automatic transmission.The combined fuel consumption for 100 kilometers is 7.59L and 8.59L.The data sounds great, but whether the true driving experience is as advertised still needs to be verified by the majority of car owners.

Some owners shared their driving experience: "The power of the new model is really good, and the starting acceleration is awesome, but there is a gap between the fuel consumption and the publicity, and the fuel consumption is higher in actual use." Another owner said: "The power system is very smooth, the gear shift is also very smooth, and it is very comfortable to drive."

The new Xingyue L comes standard with headrest audio, seat massage, two-row power seats, and CDC variable damping suspension.These configurations look luxurious, but whether they are actually practical remains to be seen.Headrest sound and seat massage are certainly highlights, but for most car owners, these features are more of an icing on the cake than a necessity.

Some owners said on social media: "The headrest sound effect is average, you can’t feel it when driving, and the seat massage is quite comfortable." Another owner complained: "These configurations look tall, but in fact they are not used much, and they are more often decorated."

Judging from the market’s reaction, the pre-sale of the 2025 Xingyue L is not bad, and many car owners have expressed their expectations for the new model. However, there are also many people who take a wait-and-see attitude. After all, it will take time to verify the actual performance of the new car.

Some industry insiders analyzed: "The new Xingyue L has been upgraded in both configuration and appearance, but these upgrades are more about optimization and improvement, and there is not much breakthrough." Some experts also said: "The market performance of the new Xingyue L still needs to be observed, after all, consumer needs and tastes are constantly changing."

From the current point of view, the launch of the 2025 Xingyue L will undoubtedly bring a new wind to the market, but it will take time to test whether it can become a new favorite of consumers. The competition in the automotive industry is increasingly fierce, and only through continuous innovation and improvement can we remain invincible in the market.

Perhaps in the future, Xingyue L will launch more upgraded versions to meet the diverse needs of consumers. After all, cars are not just a means of transportation, but also a symbol of quality of life. I hope Xingyue L can bring us more surprises and expectations in the future development.

Overall, the launch of the 2025 Xingyue L is undoubtedly a positive attempt, but whether this change is an evolution or a cold rice will require the test of time and the market.After all, only the real user experience can determine the success or failure of a car. I hope that when you choose to buy a car, you can choose rationally according to your own needs. After all, what suits you is the best.

1905 movie network news On June 26, the new series released a "life-and-death pursuit" preview, and an unpredictable and deadly mission has begun, and Tom and his IMF team are once again in danger of life and death. In the preview, Tom and the newly joined team staged an extremely fast race on the streets of Rome, fighting for a chance of survival in a critical situation! The violent killers who are pressing step by step, the many plans of the mysterious villains… Numerous dangers gradually revealed, how will this unpredictable mission journey in the future eventually develop? Can Tom and the IMF team escape the "fatal reckoning" smoothly?

　

Tom’s extreme speed car is full of excitement, and the thrilling speed makes the adrenaline rush

In the preview of "Chasing for Life", in the face of the front and rear attacks of the police and the killer, Ethan, played by Tom, and the new character Grace (Hayley Atwell, played) start the extreme drag racing mode on the streets of Rome. Seeing that the police car behind him is about to catch up, Ethan says: "We are going to throw this car away", so he takes out his mobile phone and tries to find the "safety vehicle" arranged in advance. As his fingers move, a cute "little yellow car" appears in front of the two, and the sharp contrast in the thrilling moment detonates the joke. In addition, the mysterious words "Ethan, the whole world is chasing you" are secretly heard, accompanied by the female killer (played) who has already been waiting in the alley. Seeing Tom running over, the female killer suddenly attacked, agile and ruthless as never before. At the same time, the words of the "old boss" IMF Director Kitteridge (played) who returned again, "Your so-called days of fighting for the big picture are over" rang in Ethan’s ears. Forced to choose the "second plan", he had to put aside his concerns and drive his motorcycle to jump off the cliff, and the thrilling moment will explode! Unknown conspiracies are sweeping in, and the shocking real-life scene is bound to bring a completely immersive movie viewing experience. The subtle reversal plot makes the global audience look forward to this deadly mission even more!

　

The "most authentic" fighting drama is staged in real life, and all staff are full of skills and hand-to-hand combat

As the latest masterpiece of the classic Mission Impossible series, Mission Impossible 7: Deadly Reckoning (Part 1) insists on "real action scenes" throughout! Whether it is the intense desert gunfight in the trailer, hand-to-hand combat, street racing or the most thrilling 4,000-foot cliff racing and other plots, its realistic and shocking picture effect is breathtaking. In order to create such a realistic and impactful picture effect, the film crew traveled to many countries for on-the-spot shooting. From Abu Dhabi in the United Arab Emirates to Italy, Norway and other countries in Europe, Atango and the IMF team fought fiercely in the sands, the streets of Rome, and the lanes of Venice in order to complete the task. In addition, the previously released live footage of Atango driving a motorcycle down a cliff is heart-shaking! In order to show 100% of the tension of this shot, the crew had specially built a motorcycle track in the UK in the early stage for Atango to repeatedly practice the motorcycle take-off, and record the trajectory and speed of each movement, so as to ensure that the real shot is foolproof. Then in the field shooting stage, he went to Norway to spend a few months to build a special ramp. Such an excellent shooting spirit makes the film have an unparalleled shocking effect!

　　On June 16, local time, US President Trump signed an executive order to adjust the US police practice and qualification standards. The executive order made a statement on the large-scale protests by the American people against police brutality and racial discrimination in the past month, which meant that the government would "conform to public opinion" and make police reform.

　　However, the American media pointed out that the administrative order did not explicitly prohibit some violent law enforcement methods that the people strongly demanded to abolish, and the police system it proposed to improve law enforcement standards was actually "encouragement" rather than restraint. Public opinion believes that the reform of the executive order signed by Trump is weak, and it supports the reform in the open, but it is still a supporter of the police’s tough law enforcement in the dark.

The Washington Post pointed out that the administrative order of police reform signed by Trump is full of formalism.

　　The executive order is to encourage, not to require, the law enforcement of throat lock has not been abolished.

　　Trump told reporters that this executive order will help the police departments in the United States adopt the highest standards to serve their communities. The order stipulates "practice and qualification examination" and "information sharing of police behavior" to avoid employing police officers with bad records and to track down police officers who have committed misconduct in law enforcement.

　　However, the media pointed out that the executive order failed to clearly respond to some key issues, such as the standard and justification of the use of force mentioned in the executive order, but only "encouraged" its implementation; In addition, regarding the law enforcement means of throat lock, the administrative order has not explicitly abolished it, but indicated that it is generally unavailable, but it can be used in the case that "the law allows the use of lethal force".

　　The police surrounded Trump and called him "selfless" and "brave"

　　A number of media pointed out that although the signing of this executive order was caused by African-American Freud’s violent law enforcement by white police, the families of the victims were not invited to attend Trump’s signing ceremony. On the contrary, many military officers and police union personnel were surrounded by Trump. This seems to mean that Trump will never touch these law enforcement officers on which he relies, and how to reconcile the "social problems that deeply split the country" is still far away.

　　In the signing ceremony speech that day, after Trump mentioned the pain experienced by the relatives of the victims, he immediately began to praise the American police for being "brave and selfless" and said that "Americans all know that if there is no police, chaos will occur." The media pointed out that Trump’s signing of this executive order is full of formalism, and he obviously does not want to risk angering law enforcement departments, because these are an important part of his conservative political foundation.

The Washington Post pointed out that Trump "does not want to risk angering law enforcement because it is an important part of his conservative political foundation."

　　Serious problems minimize the police’s mental illness

　　Public opinion generally pointed out that Trump’s executive order made no mention of how to solve the systematic racism problems among law enforcement personnel and comprehensive policy changes. However, these issues are crucial to criminal justice reform. Kendall Thomas, a law professor at Columbia University, believes that Trump did not mention any commitment to serious changes in his executive order, but only focused on police training rather than community safety. Thomas believes that the purpose of Trump’s executive order is only to maintain the status quo, and the moderate reform in accordance with the new provisions of the executive order will only make the police force stronger.

　　Trump has always stressed that police misconduct is a "case" and the number is "very small". Rachel Bako, professor and vice president of criminal law at new york University Law School, believes that this shows that Trump fundamentally refused to admit the existence of the problem in the first place. Bako said that the entire law enforcement system is supportive of those police officers who use violence excessively. Trump has neglected this systematic problem, and the executive order has completely ignored or even mentioned the morbid psychology in the police system and the opposition between the police and the people.

USA-Today pointed out that Trump’s executive order made no mention of how to solve the systematic racism problem among law enforcement personnel and the need for comprehensive reform.

　　The reform of "thin soup and little water" must be intensified by administrative order.

　　On the day Trump signed the executive order, Schumer, the minority leader and Democrat of the Senate, immediately said that Trump’s executive order was "scanty soup and scanty water" and "unable to bring the comprehensive and meaningful changes and accountability required by the American people to American law enforcement agencies."

　　Earlier, the Police Justice Law submitted by the Democratic Party on June 8 called for a major reform of the police system, which explicitly required that police officers be prohibited from using frequently abused methods of law enforcement and arrest, such as lock throat and "no knocking at the door", and at the same time required local police departments to send data on the use of force to the federal government, and made a funding plan to allow state attorneys general to conduct independent procedures to investigate police misconduct or excessive law enforcement. In addition, the proposal will abolish the legal principle called "conditional immunity", and the police can no longer be exempted from civil litigation. These contents are not reflected in the newly signed administrative order.

USA-Today pointed out that there are a large number of people in the United States who can’t stand what the police have done.

　　David Kennedy, a professor of criminology at john jay College of the City University of new york, said that the current executive order is far from enough to make practical changes. Kennedy said: "People think it may be a little helpful, and now it is not enough to provide just a little help." Kennedy said that the emotions and resistance expressed by the American people in the past few weeks are unprecedented, and their attitude towards American law enforcement departments has also changed dramatically, which shows that a large number of people in the United States can no longer stand what the police are doing.

"What is the ultimate goal of medical innovation?" This is a question that every medical person will ponder, but it is almost unsolvable. Whenever the concept of new technology sets off a wave of medical innovation, countless pioneers will emerge in every possible direction. Although medical innovation faces many uncertainties and complicated external environment, they still insist on pursuing the 0.01% certainty with 99.99% efforts. As a result, the source of innovation in life science can spring up and rush in all directions.

Looking back on the road of medical innovation since 2022, the development of technology integration is still the main theme. Companies in various subdivisions of AIGC, brain science, synthetic biology, genomics, organoid and biochip are active. Judging from the barometer of medical industry innovation and investment and financing data, despite the overall economic downturn in 2022, 1,439 medical and health enterprises completed a new round of financing in 2022. Among them, more than 250 companies have applied for the main list of this year’s top 100 list, and finally more than 140 companies have successfully listed. In addition, the last listed companies, UIH Medical, Huada Zhizao and Zhiyun Health, successfully IPO in 2022 respectively, and successfully "graduated" from the list with excellent performance appraisal.

"Unity of knowing and doing" is the wisdom of walking, and "no question about the west and the east" is the courage of walking.Looking back at the leader’s route, we can see that the trendsetter in the medical industry "respects life" at the beginning, and with the help of the driving force of policies and technology, bravely shoulders the responsibility of industrial structure change, further broadening the way forward.

In 2023, the 7th Top 100 Future Medical Conference will take the theme of "No Questions about the West and the East" to explain the pioneering spirit of medical innovation pioneers. The conference officially kicked off on May 5, and released the list of the top 100 future medical enterprises in 2023 and the growth analysis report of the top 100 future medical enterprises in 2023 at the top 100 awards dinner on the evening of May 6. The following is the contents of this list and excerpts from the report.

List release

Founded in 2015, the Top 100 Future Medical Care List is the first list of innovative medical care fields for unlisted enterprises in China, which is launched by VB100, Arterial Network and Eggshell Research Institute. It aims to select innovative medical care providers in China who truly represent future medical care, discover the core strength of China’s future medical care industry, and promote the innovation and reform process of health care industry. In the past seven years, the selection system of the top 100 future medical institutions has been continuously enriched, and a global innovative medical health evaluation ecology for enterprises, investment institutions and industrial parks has been gradually built, and it has been expanded to the selection of innovative products and innovative technologies.

The list of top 100 future medical care in 2023 consists of: top 100 future medical care master list, top 100 future medical care innovation list of listed companies, Peng Orange Award of top 100 future medical care, Weilan Award of top 100 future medical care and value field award of top 100 future medical care.

2023 Top 100 Future Medical Care Main List

This selection is aimed at non-listed enterprises in the medical and health field. The selection is based on the VB100 value evaluation model, and through the processes of self-declaration by enterprises, evaluation by VB100 evaluation committee, cross-evaluation by supporting institutions, and final review by expert committees, innovative enterprises with TOP100 valuation rankings are selected from five major fields (medical devices/biomedicine/digital medical care/medical services/commerce and supply chain services). In addition to the valuation, the growth and annual performance of the candidate enterprises in terms of human resources, knowledge resources, important partner resources and market performance will be supplemented, with a total of 17 secondary indicators.

For the complete list of winners and the report, click to view."2023 Top 100 Future Medical Care List Released: But Go Ahead, Don’t Ask West and East"

Top 100 Future Healthcare Companies in 2023: Innovation Ranking of Listed Companies

As the backbone of China’s economic development, the innovation of listed companies is not only the core engine of enterprise development, but also of great practical significance to the national innovation strategy and industrial upgrading. This selection is based on the annual report data of listed companies in the current year, supplemented by more than 30 related index data of listed companies in four dimensions: innovation input, innovation output, innovation benefit and innovation activity, and combined with the evaluation method of arterial network for the analysis of innovation trend and space of listed companies’ track, the selection is produced.

Peng Orange Award, Top 100 Future Medical Care in 2023

"Peng Orange" means Pengcheng Wan Li, and the exclusive color of the prize is orange. Orange is the main color of yolk technology, a symbol of prosperity, strength, wisdom and vitality, and represents the style and posture of the participants in the field of medical and health care. Peng Orange Award, the Top 100 Future Medical Companies, is selected for investment institutions, enterprises and parks in the medical and health field, focusing on the annual performance and breakthroughs of candidate units during the review period.

Weilan Award, Top 100 Future Medical Care in 2023

"Wei Lan" means that the future can be expected, and the exclusive color of the award is blue. Blue is the main color of VB100, a symbol of courage, calmness, reason and never giving up, representing the quality and spirit of innovative medical professionals, investors and entrepreneurs. The Future Top 100 Medical Care Weilan Award selects investors and entrepreneurs who are innovative and pioneering in the medical and health field, focusing on the candidates’ annual innovation, team leadership and industry influence during the review period.

2023 Top 100 Future Medical Care Value Field Award

Every year, through multi-directional and all-round insight and exploration such as investor interviews, reporter interviews, and industry report reading, this selection takes capital attention as the benchmark, supplemented by three considerations: media focus, annual performance data of medical and health enterprises, and future development prosperity of the medical and health industry, and makes an inventory of the 60+ sub-sectors of the four major tracks, namely, medical devices, biomedicine, digital medical care, and medical services, and selects the most representative value areas of the year and the most representative value areas in each value field.

For the complete list of winners and the report, click to view."2023 Top 100 Future Medical Care List Released: But Go Ahead, Don’t Ask West and East"

Report release

The Top 100 Future Medical Care Companies of Arterial Network will launch the growth report of the top 100 enterprises every year according to the list of the Top 100 Future Medical Care Companies of that year. On the occasion of the 2023 TOP100 Future Healthcare Conference, the Growth Analysis Report of TOP100 Future Healthcare Enterprises in 2023 was released again, which comprehensively analyzed the data of the five major enterprises in China TOP100 Innovative Medical Devices List, China TOP100 Innovative Biomedical List, China TOP100 Innovative Digital Healthcare List, China Top 100 Innovative Medical Services List and China Top 100 Innovative Business and Supply Chain Service List. We expect to summarize the growth law and industrial change trend of enterprises with the help of multi-dimensional analysis of the enterprises listed in the top 100 medical care list every year, and provide reference for medical and health enterprises and entrepreneurs.

The cumulative valuation of listed companies exceeded RMB 1 trillion for four consecutive years, and the average valuation of TOP10 companies reached RMB 23.326 billion.In this year’s list, there are five lists of medical devices, biomedicine, digital medical care, medical services, commerce and supply chain services, totaling 500 enterprises, with a total valuation of about 1.5 trillion yuan. The average valuation of listed companies was RMB 3.068 billion, down about 16% compared with 2022 (with an average valuation of RMB 3.657 billion). Similar to the previous list, 75% of the listed companies are valued in the range of RMB 1-6 billion, and enterprises in this valuation range constitute the main group of unlisted companies in the big health industry. In addition, a total of 17 companies have a valuation exceeding 10 billion, and 5 companies have a valuation of more than 20 billion. The average valuation of the TOP10 companies has reached 23.942 billion yuan, of which 6 companies are digital medical enterprises.

The valuation performance of enterprises in the medical device list is stable, and the data of medical robots on the list is bright.In 2022, medical device enterprises still achieved steady growth under the high base in 2021. Compared with the other four main lists, the total valuation of enterprises on the medical device list was stable, and the valuation and number of medical robot enterprises on the list increased significantly compared with last year. On the one hand, excluding the weakening effect of the listing of two super unicorns, Lianying Medical and Huada Zhizhi, on the total valuation of the device list, the number of financing events in the primary market of medical devices exceeded 400 in 22 years (surpassing innovative drugs to become the medical and health track with the largest number of financing events in 2022), and high-frequency and large-scale financing boosted the valuation of medical device enterprises. On the other hand, medical robots are currently one of the hottest tracks in the field of innovative equipment, which is favored by capital. Taking surgical robots as an example, the total number of financing in 22 years has exceeded 30 times, which makes the listed data of this track enterprise more competitive.

The innovative drug track has picked up, and 22 years of financing has accelerated, helping the biomedical list valuation to lead the main list.The development of frontier biotechnology tracks such as cell therapy, gene therapy and nucleic acid drugs is the main driving factor for the investment and financing in the biomedical field and the further growth of the valuation of the track enterprises. In 2022, the biomedical field has made outstanding financing achievements in the primary market at home and abroad. At the same time, the current domestic pharmaceutical industry is undergoing structural changes, bringing new growth points and ensuring that some innovative enterprises remain active. Based on the analysis of the enterprises listed in the current biomedical list, a number of innovative biomedical enterprises in China with international competitiveness began to emerge, leading the biomedical list in terms of valuation. In addition, under the investment strategy of paying attention to biotechnology and investing early and investing small, a large number of early biomedical enterprises have obtained high financing, with a valuation exceeding RMB 1 billion.

The digital medical unicorn has the best valuation performance, and the overall valuation level of the digital medical list is relatively optimistic.At present, the sub-fields clearly covered by digital medical care include digital therapy, medical informatization, AI+ medical care, etc., which are used to realize disease prevention and management, auxiliary diagnosis, auxiliary treatment, clinical workflow, rehabilitation, new drug research and development and other related applications. Generally speaking, the capital selection is more cautious when the investment and financing ebb, and the underlying technology of digital medical care is indeed developing continuously with the naked eye. Enterprises deeply involved in this field have very optimistic and certain growth potential at both B-end and C-end, and the innovation and foresight based on emerging digital technologies are the main reasons for the increase in valuation.

The valuation level of medical service, business and supply chain service enterprises is low. The valuation of unicorn enterprises with high growth medical services has made steady progress. However, the medical service enterprises represented by genetic testing services and specialized chain services were affected by the epidemic situation in the first half of 22 years and the adjustment of epidemic policy in the second half, and their valuation levels declined. In addition, due to the expansion of the newly established list, the overall valuation level of the companies listed in this new business and supply chain service list is the lowest compared with other lists.

Beijing and Shanghai have obvious geographical advantages, and they continue to rank TOP2 in the list of enterprises.In terms of distribution cities, the statistical results of the list data show that there are obvious advantages in the number of large health-related innovative enterprises in Shanghai, with a total of 121 listed enterprises. Among them, the number of enterprises in medical devices, biomedicine and commercial and supply chain services ranks in the top three. The cumulative valuation of listed companies in Shanghai is 337.267 billion RMB, with an average valuation of 2.787 billion RMB. The number of listed enterprises in Beijing ranks second, with a total of 116 enterprises on the list. Among them, the number of enterprises in the fields of digital medical care, medical services and biomedicine ranks in the top. The cumulative valuation of listed enterprises in Beijing is 311.915 billion RMB, with an average valuation of 2.683 billion RMB. Similar to the results of previous years’ list selection, the whole industrial chain of Great Health is concentrated in Shanghai and Beijing, with 237 listed enterprises in the two cities, with a cumulative valuation of nearly 650 billion yuan, accounting for 42.18% of the total valuation of listed enterprises.

Yangtze River Delta Economic Zone and Guangdong, Hong Kong and Macao Economic Zone are still fertile ground for the growth of big healthy enterprises; Shenzhen and Hangzhou are the second echelon of large health enterprises; Guangzhou and Suzhou are the third echelon of large health enterprises.The medical and health industrial clusters generally follow the growth path of "local agglomeration-regional cooperation-global competition and cooperation" in space, and industrial clusters have become the new engine of regional development. In addition to Beijing and Shanghai, the Yangtze River Delta Economic Circle, represented by Hangzhou and Suzhou, and the Guangdong, Hong Kong and Macao Economic Circle, represented by Shenzhen and Guangzhou, have built a highly competitive industrial environment for the development of the medical and health industry. In particular, business and supply chain enterprise services cover a wide range, including medicine and equipment CRO/CMO/CDMO/CSO, life science tools and services, innovative channels and marketing services, innovative payment services, logistics services, medical insurance and financial services. Therefore, paying attention to the distribution of commercial and supply chain service enterprises can further observe the industrial completeness of each city. More than half of the listed enterprises in Shanghai and Beijing are fertile ground for the growth of current commercial and supply chain service enterprises.

Chengdu continues to lead the new first-tier cities in the west and gather highlands for medical and health enterprises in the west.It is worth mentioning that the big health industry in the western economic circle with Chengdu as the core is rising rapidly. The listed companies in the city are all leaders in subdivided tracks, gaining competitive advantages in their respective fields of deep cultivation, pushing up the average valuation to 5.6 billion yuan, ranking first in all cities. Chengdu itself is an important economic center and scientific and technological innovation center in the western region, with a sound industrial base and talent advantages, which provides a good development environment for the big health industry. In addition, the government continues to adopt a full-cycle support policy for innovative enterprises in this field, attracting a large number of capital and talents to enter the big health industry in this region.

For the complete list of winners and the report, click to view."2023 Top 100 Future Medical Care List Released: But Go Ahead, Don’t Ask West and East"