2024 is almost halfway through, and NIO recently released its 2024 Quarter 1 earnings report and delivery data for May. At present, NIO’s overall market performance cannot be said to be much worse, but it is not particularly good.

First of all, NIO’s revenue declined slightly. The financial report shows that Quarter 1 revenue is 9.91 billion yuan, which is down 7.2% year-on-year compared with 10.676 billion yuan in the same period of 2023, and 42.1% month-on-month. At the same time, NIO’s vehicle gross margin fell from 11.9% in the fourth quarter of last year to 9.2%, and the loss further expanded to 5.185 billion yuan, an increase of 9.4% year-on-year. The situation is not good.

It is said that NIO has been burning money. In terms of R & D expenditure, NIO Quarter 1 invested 2.86 billion yuan, which narrowed a lot compared with 3.97 billion yuan in the fourth quarter of last year. It is already 2024, and some new car-making forces have turned losses into profits. NIO still has not been able to achieve profitability, which is obviously not conducive to development. Even if NIO still has 45.30 billion yuan in cash reserves, it is not a good way to burn money like this.

NIO’s sales performance is indeed tepid now. Quarter 1 delivered a total of 3,053 new cars, a decrease of 3.2% year-on-year and a decrease of 39.9% month-on-month. Compared with the previously expected target of 31,000 to 33,000 vehicles, it is still a little bit short. However, in late March, NIO made a little adjustment to Quarter 1’s delivery forecast, lowering it to about 30,000 vehicles, which is considered a "clever" target.

In fact, NIO’s recent sales performance is still a little improved, May delivery of 20,544 vehicles, in April delivered 15,620 new cars, all achieved year-on-year growth. According to the second quarter delivery guidance given by NIO, it is expected to deliver 54,000 to 56,000 vehicles, as long as the June delivery of 17,000 to 19,000 new cars, basically can achieve the goal.

However, NIO had previously set a goal of delivering 230,000 vehicles in 2024 with great ambition, and the reality did not seem to be so smooth. From January to May this year, a total of 66217 new cars were delivered, only 28.79% of the overall goal was completed. In the remaining half a year, it is not small to catch up with the remaining progress.

Next, I am afraid that NIO can only pin its hopes on Ledao Automobile. The existence value of this second brand of NIO is originally to take volume, and it can also relieve the pressure on NIO’s operation to a certain extent. Li Bin once revealed that the operating goal of the Ledao brand is to maintain a gross profit margin of more than 15%. From the perspective of break-even, Ledao can achieve break-even when it reaches a monthly sales volume of 20,000-30,000 vehicles.

However, NIO wants to achieve a turnaround in a short period of time, it is obviously more difficult, after all, Ledao Automobile wants to achieve 20,000 – 30,000 monthly sales results, not to say that it can do things, with the current market competition intensity, can break through 10,000 cars are already very good.

Car Online ReviewWhat is it?NIO, which focuses on the mid-to-high-end market, has been bound by its own brand positioning from the very beginning. It is undeniable that relying on its high-end image, NIO has indeed made a name for itself, but down-to-earth products are often more marketable. Now that NIO has begun to put down its position to make money, this step will have to be taken sooner or later. As for whether this step can go well, this is the most concerned thing in the entire industry and NIO’s large and small shareholders.

1905 movie network news Scheduled to be released nationwide on the first day of the new year 2019, director Stephen Chow’s "New King of Comedy" has now opened for national pre-sale. On January 22, the film held a "self-cultivation of actors" conference in Beijing. Director Chow Xingchi and 10 leading actors appeared together. The creators all wore orange ribbons on their wrists, which meant to recommend this "sincere (orange) work" to the national audience.

The scene exposed many film details, not only revealing the inside story of the "Dragon Set Troupe" for the first time, but also sharing the bitterness and laughter behind the transition from "Dragon Set Life" to "New Comedy King Life". Xing Ye bluntly said that it was their enthusiasm that moved him; Zhou Xingchi and Wang Baoqiang made an update on the scene to test the actors’ "self-cultivation". Faced with the question of "fried cold rice" on the Internet, Zhou Xingchi responded humorously on the spot: "I have fried Yangzhou fried rice, but I have never fried cold rice". Wang Baoqiang also responded modestly to the question of "selling stupid", admitting that "I will turn the doubt into a motivation for hard work".

There were many surprises at the press conference, and Zhou Xingchi’s early audition clips were broadcast. The line of "looking for a princess" that Xingye said that year was a hint that he was looking for "Snow White" Wang Baoqiang 30 or 40 years ago; Wang Baoqiang, as a "super star fan", sent Xingye a cartoon of his mental journey in the 20 years after watching "King of Comedy", in order to thank the director for his encouragement. "Liu Piao Piao Piao" Cecilia Cheung even sent refueling blessings to "Yin Tianchou" from space, ridiculing him that "he said that he would only raise me, but now he has raised so many people", and inspiring everyone to continue to work hard for their dreams!

　

The "Dragon Troupe" revealed the inside story of the casting selection, and E Jingwen was named the "most beaten" heroine

Since the official announcement, there has been a lot of curiosity about "The King of New Comedy", among which the most concerning is Xing Ye’s choice of actors. At this press conference, the lead actor made his first full lineup appearance, and the story behind the casting selection was exposed. The female lead, E Jingwen, played Rumeng, an elderly young woman who was a walk-on. She said that she had similar experiences both in and out of the play. She joked that she was selected by Xing Ye because she "carried the beating". It was revealed that she was determined to "hold on no matter what" before entering the group. Who knew that Rumeng was often bullied and beaten during the walk-on in the film, and the longest was even "beaten for two days in a row". She joked: "The beating has broadened the scene", which can be called the "most beating" female lead.

In the film, Zhang Quandan plays Rumeng’s boyfriend Charlie, who claims that he has the temperament of a "gentle trap", and that "extra gentle and special trap is mysterious" is even more appetizing to the audience.

Jing Ruyang, who plays Rumeng’s best friend Xiaomi, bluntly said that his legs were shaking when he first saw Xing Ye.

One of the screenwriters of the film, Huang Xiaopeng, was also selected by the director to play an important role. In the play, he silently guarded the dream, which can be said to be a double guarantee for the screenwriter. Cai Zerui, who played the director of the play, said that he was selected by the director because he was a "literary youth".

And Miao Yilun, who plays a well-known director, spoiled the scene with "forever is from now until the destruction of the universe, you will not succeed" and hit Rumeng hard, and apologized at the scene "I regret it", encouraging everyone "Don’t listen to what the self-righteous people say, dreams and the future must be fought back with your own hands".

When it was the turn of Zhou Yunshu, who played Wang Baoqiang’s assistant, to introduce her, she showed off her "repeater" characteristics on the spot, and touted Wang Baoqiang in the audience, showing professionalism and adding bursts of laughter to the warm scene.

Compared with the newcomers, veteran actors Zhang Qi and Yuan Xingzhe play the heroine’s parents in the film. The two praised the experience of working with Chow Xingchi: "He really wants everyone to be the best." "Working with Xingye has a kind of spiritual oxygenation." The relationship between the heroine Rumeng and her parents in the film is very touching, and the actor Zhang Qi also said: "I hope parents in the world can understand their children."

"I was very touched," Mr. Chow said of the real reasons for choosing the actors. "When I was filming, I could feel their enthusiasm. When I saw them after so long, I saw that they were still as enthusiastic, and I was very touched." He said: "Each of us is Yin Tianchou, and we are all working hard for our dreams, and I am also working hard for my dreams." He also hopes that "The King of New Comedy" will give more strength to the hard-working people in the new year, "I hope the audience will be more confident and work harder after watching the movie."

　

Zhou Xingchi’s early audition clips were exposed, and the live funny comments considered themselves "the best actor"

At the scene, Zhou Xingchi and Wang Baoqiang reacted to the other starring stars’ exam questions. In the burst of laughter, the starring stars explained what "actor’s self-cultivation" is. Demonstrate how to use the correct posture to watch "The King of New Comedy" on the first day of the new year; and in the test of the exam question "Meet Zhou Xingchi, he chooses you as the protagonist", Xing Ye personally played the role, and the starring stars restored the real joy and excitement when they were selected by Xing Ye at that time.

After starring in the "audition", Chow Xingchi’s precious audition footage from his early years was also broadcast live. In the video, the young Andy Lau and Tony Leung’s audition clips were also displayed together, instantly triggering a wave of "memory killing". Xing Ye watched the performance of the three people with a smile. When the host asked who was the best actor, he replied with a smile: "Me." Then he solemnly expressed his enthusiasm for acting from his former self and friends, and found that he still had a fire on his body. Speaking of the line of "looking for a princess" back then, Xing Ye laughed that this should be a hint that he was looking for Wang Baoqiang, so he searched for 30 or 40 years before finally finding Wang Baoqiang who played "Snow White".

"The New King of Comedy" is a movie full of "little people". In the Spring Festival when big stars and big productions gather, many people break a cold sweat for it. In this regard, Zhou Xingchi bluntly stated that the result is not important, what is important is to convey emotion and temperature: "My purpose is always to make the audience like it, and I hope that in this work, the audience can find themselves and find hope."

　

Zhou Xingchi Wang Baoqiang confronted the outside world and questioned "Liu Piaopiao" and blessed "Yin Tianchou" in the air.　

Since the official announcement, not all expectations have accompanied "The New King of Comedy", and some people have expressed doubts. At the press conference, Zhou Xingchi and Wang Baoqiang responded to two sharp doubts and faced them head-on. Facing Zhou Xingchi’s question of "what else can you do besides fried cold rice", Wang Baoqiang said: "Your guesses about Xingye’s movies are sometimes inaccurate, and you need to feel it yourself." Zhou Xingchi responded humorously: "I have fried Yangzhou fried rice, but I really have never fried cold rice."

Regarding Wang Baoqiang’s question of "what else can you do besides being stupid", Lord Xing smiled and said, "In fact, I also really want to know what else he can do, so I found Baoqiang, but I didn’t expect him to be able to play Snow White." Wang Baoqiang expressed his gratitude to netizens: "Thank you all for motivating me in various ways, which has strengthened my determination to continue to work hard."

The scene also prepared a special surprise for Xingye on the same day – Cecilia Cheung, who played "Liu Piao Piao Piao" in "King of Comedy" 20 years ago, sent blessings to "Yin Tianchou" through the VCR, and ridiculed him "back then that he said he would only raise me, but now he raises so many people". This scene of air dialogue caused bursts of exclamations on the scene.

As a "super star fan", Wang Baoqiang sent his carefully prepared paintings on the spot, restoring his 20-year journey of being deeply influenced and inspired by "King of Comedy", in order to thank "King of Comedy" Zhou Xingchi for his encouragement, "20 years ago," King of Comedy "inspired me, and 20 years later, this" King of New Comedy "will definitely inspire more people. I believe that after watching the movie, everyone will feel that Star Lord’s comedy has always made you laugh and cry, and will be inspired and deeply moved." 20 years ago, the time and space connection, the strong human touch touched the warm audience.

The film "The King of New Comedy" is directed by Stephen Chow, and co-starred by Wang Baoqiang, E Jingwen, Jing Ruyang, Zhang Quandan, Zhang Qi, Yuan Xingzhe, Huang Xiaopeng, Cai Zerui and Miao Yilun. The film is currently on pre-sale across the country. It will be released on the first day of the new year to cheer up the hard-working self and harvest positive energy in the new year!

A few days ago, the new car of Deep Blue Automobile – 2024 dark blue G318 was officially launched. The new car offers 6 configuration models, priced at 17.59-31 8,000 yuan.The new hard-core medium and large SUV of New Car Positioning Technology adopts the design style of hard-core SUV models, and is also equipped with Changan New Blue Whale 1.5T range extension hybrid system (providing rear single motor and front and rear dual motor versions). Some models also provide magic carpet + air suspension + CDC shock absorber.

The picture is: 2024 dark blue G318. 4WD air suspension plate

2024 dark blue G318 provides 6 configuration models, namely: two-wheel drive standard version, two-wheel drive comfortable version, two-wheel drive empty suspension version, four-wheel drive comfortable version, four-wheel drive empty suspension version, worry-free crossing version, the price 17.59-31 8,000 yuan.

In addition,The entry-level model (two-wheel drive standard version) has been pre-ordered and is scheduled to start delivery in August this year; while the top model (worry-free ride-through version) is scheduled to be pre-ordered in early 2025.

In the exterior design part, the 2024 dark blue G318 adopts the popular "square box" body design, its front face adopts a large area of closed front panel, and also uses a C-shaped front LED headlight group. At the same time, the bottom of the front surround also adds a tough blackened decoration + air intake to enhance the hardcore attributes of the front face.

In addition, the new car is also equipped with a spotlight rack device on the roof (dynamic weighing 80 kg, static weighing 300 kg), and the roof platform supports horizontal/vertical expansion, as well as a large number of outdoor camping accessories.

To the side of the body, the side of the new car is tall and tough, and the front and rear eyebrows + side skirts are also equipped with thick blackened decorative parts. At the same time, the new car also uses hidden door handles, fixed pedals (optional electric pedals), 18-inch wheels (255/65 R18), 20-inch wheels (255/50 R20).

In terms of body size, the body size of the 2024 dark blue G318 is (excluding the roof spotlight rack and external spare tire): 4915 * 1985 * 1885mm, with a wheelbase of 2880mm. It is positioned as a medium and large SUV.

In the case of a roof spotlight rack and an external spare tire, the body size of the new car is 5010 * 1985 * 1960mm, and the wheelbase remains unchanged.

In addition, the dark blue G318 has an approach angle of 27 °, a departure angle of 31 °, and a longitudinal passage angle of 27.3 °; the ground clearance is 240 mm when it is suspended at the highest level; and the battery pack is 278-348 mm above the ground (default 318 mm).

At the rear of the car, the rear of the 2024 dark blue G318 uses design elements such as side door design (supports electric suction), external spare tire, and independent C-type rear taillights on the left and right. At the same time, the rear surround is also equipped with a tough black kit (with a trailer head in the middle, and the four-wheel drive version has 1.6-ton trailer qualification).

In the interior design part, the 2024 dark blue G318 center console area is equipped with a three-frame flat-bottomed steering wheel, a 10.25-inch LCD instrument, and a 14.6-inch central control screen.

At the same time, the new car also uses an electronic shift mechanism (with electronic P gear buttons arranged behind the handle), and a physical air conditioner button is also integrated under the central control screen.

In addition, the new car also provides three interior color schemes: Holy Lake Blue, Glacier Blue and Jungle Black.

In terms of configuration, the 2024 dark blue G318 is equipped with the Deepal OS car system, which supportsVoice interaction (providing more than 1100 kinds of voice customization), three-finger flying screen, no wheat Karaoke, online navigation, app store and other functions.

At the same time, the new car also comes standard with an L2-level driver assistance system, including integrated adaptive cruise, speed limit recognition, lane keeping assistance, lane departure warning, forward collision warning, and AEB automatic emergency braking (vehicle + pedestrian + cyclist identification).

In addition, the two-wheel drive/four-wheel drive air suspension version also supports parallel line assistance, blind spot monitoring, door opening warning, reversing lateral emergency braking, lane change assistance, and other functions.

In the seat part, a 5-seat layout is used in the car, and the seats are wrapped in imitation leather materials.

In terms of seat functionality, the new car comes standard with front seat electric adjustment and front seat ventilation/heating; the empty suspension version supports the main driver’s seat. At the same time, the four-wheel drive empty suspension version also provides the main driver’s seat massage.

In addition, the storage capacity of the trunk of the new car is 810 liters under normal conditions, which can be expanded to 1747 liters when the rear seats are reclined.

In addition, the new car can also open a panoramic sunroof, and the ceiling and other parts are also made of fur, which further enhances the sporty atmosphere inside the cockpit.

Suspension part, the 2024 dark blue G318 is equipped withFront double wisharm + rear multi-link independent suspension, while the air suspension version is also equipped with CDC shock absorbers + active magic carpet + air suspension.

In addition, the four-wheel drive version also provides a rear axle limited slip differential, and also supports tank U-turn, creep mode,Wading induction system,Terrain mode (wading/snow/rough/mud/sand) and other functions.

In the power unit part, the 2024 dark blue G318 is equipped with the Changan New Blue Whale 1.5T extended range hybrid system (providing rear-drive and four-wheel drive versions); among them, the rear-drive version of the motor has a maximum power of 185kW, a maximum torque of 310N · m, and a maximum speed of 175km/h; the front and rear motors of the four-wheel drive version have a combined power of 316kW, a comprehensive torque of 572N · m, and a maximum speed of 185km/h.

In terms of battery life, the rear-drive model matches18.99kWh and 35.07kWh two capacity lithium iron phosphate battery packs, corresponding to CLTC pure electric cruising range of 100 kilometers (two-wheel drive standard version), 190 kilometers (two-wheel drive comfort version), 184 kilometers (two-wheel drive air suspension version); four-wheel drive version models match 35.07kWh lithium iron phosphate battery pack, CLTC pure electric cruising range provides 184 kilometers (four-wheel drive comfort version), 174 kilometers (four-wheel drive air suspension version).

On the evening of the 2nd, China Evergrande and Hengda Properties announced on the Hong Kong Stock Exchange that the company has applied to the Stock Exchange to resume trading at 9:00 am on October 3.

On September 28, China Evergrande announced on the Hong Kong Stock Exchange that the company had received a notice from relevant departments that Mr. Xu Jiayin, the executive director and chairperson of the board of directors of the company, had been taken compulsory measures according to law on suspicion of illegal crimes.

On the morning of September 28, Hengda’s listed companies China Evergrande, Hengda Automobile, and Hengda Property collectively suspended trading on the Hong Kong Stock Exchange.

On the afternoon of September 27, Hengda’s listed platform stock price suddenly fell. As of the close, China Hengda fell 19%, with a total market value of 4.20 billion Hong Kong dollars; Hengda Automobile fell 20%, with a total market value of 6.10 billion Hong Kong dollars; Hengda Property fell 14.5%, with a total market value of 6.40 billion Hong Kong dollars. The total market value of the three major platforms is only 16.70 billion Hong Kong dollars.

A criminal law expert said in an interview with reporters at the time that according to Evergrande Group’s announcement, the company should have received a precise notice, and the notice classified Xu Jiayin as "suspected of illegal crimes" and was subject to coercive measures. It is common sense to guess that in the case of notification by relevant departments, the coercive measures taken are likely to be different from the "residential surveillance" misreported by foreign media.

The above-mentioned criminal legal experts said that in the context of the early investigation of Hengda Real Estate by the China Securities Regulatory Commission and the criminal coercive measures taken by the public security department against Hengda Fortune Du and other suspected criminals, the result of Xu Jiayin’s suspected illegal crime should not surprise too many people. Public opinion has paid more attention to "when" to take action. Judging from the current public information, the issues involved in him are likely to be related to multiple crimes, which are very complicated and may take quite some time to clarify.

It is worth noting that Hengda Automobile, which was suspended at the same time as China Hengda and Hengda Property, did not resume trading at the same time. On the last trading day before the suspension of Hengda Automobile, the share price was HK $0.56/share, and the total market value was HK $6.073 billion.

Source | Yangcheng Evening News ? Yangchengpai Comprehensive Securities Times, 21st Century Economic Report, etc
Editor in Charge | Zheng Zongmin

On March 8th, the new plug-in hybrid car Qin PLUS DM-i was officially launched. There are four new models with the price range of 105.8-145.8 million yuan.

Compared with the traditional plug-in hybrid with fuel as the main power, Qin PLUS DM-i is equipped with the latest DM-i super hybrid system. The system provides the main power source through high-power motor and high-energy blade battery, and the whole system is mainly electricity, with lower energy consumption and no discount on performance. Taking Qin PLUS DM-i as an example, the acceleration time from 0 to 100 km/h is 7.3s, and the fuel consumption is 3.8L/100km.

Qin PLUS DM-i can be regarded as an upgraded model of Qin. The outline of Qin PLUS DM-i is somewhat similar in appearance, but the new car uses a more fashionable DragonFace 2.0 design, which is sharper in the shape of the front face and the front and rear light groups. The front grille has a larger area and a stronger gas field.

The transition between the front face and the side wall of the new car is clear and clear, and the size of the multi-strip aluminum alloy wheel hub is further increased, which looks more sporty. In terms of dimensions, the length, width and height of the new car are 4765/1837/1495mm and the wheelbase is 2718mm respectively.

The latest design style used by Qin PLUS DM-i in the interior, such as the style of IP platform, the shape of air conditioning outlet and the layout of shift lever area, is closer to Han’s, and it looks luxurious and has a good sense of texture.

The full LCD instrument of the new car is relatively small, which shows some driving-related information more simply and directly, such as power, endurance, speed, energy output status and so on.

The rotatable suspended central control large screen is still the core attraction of the car interior, and it is equipped with the latest DiLink intelligent car-machine interaction system, which is rich in expansibility and extremely playable.

In terms of power, Qin PLUS DM-i is divided into two versions: pure electric battery life of 55km and 120km. The 55Km version adopts EHS132 electric hybrid system, with a maximum power of 160kW, an acceleration of 7.9 seconds per 100 km and a comprehensive battery life of 1180km；. The 120km version adopts EHS145 electric hybrid system, with the highest power of 173kW, the acceleration time of 100km of 7.3 seconds, and the comprehensive battery life of 1245km. The fuel consumption of both versions is 3.8L per 100 kilometers in the state of power loss.

The 55Km version of Qin PLUS DM-i is equipped with an 8.3kWh "blade" lithium iron phosphate battery, which supports AC slow charging. The 120km version of Qin PLUS DM-i is equipped with a lithium iron phosphate battery with a total energy of 21.5kWh. In addition to the common AC slow charging, it also adds a DC fast charging function, which is rare in plug-in hybrid vehicles.

Editor’s summary:It is foreseeable that Qin PLUS DM-i should be able to contribute considerable sales in 2021. This model, which is grounded enough in price, rich in configuration and well-balanced in power system, will not only compete in the same level of hybrid and plug-in models, but also grab some markets of 100,000-class traditional fuel sedan.

It is reported that among the three new models equipped with DM-i super hybrid, Qin PLUS DM-i has the highest pre-sale order volume so far.

　　At present, young people tend to choose new energy vehicles. The more advanced intelligence and modernization of new energy vehicles have become the choice of many riders. In today’s market environment, our country’s new energy smart vehicle technology is also quite in place. For example, Avita has recently set off a lot of waves in the new energy market.

　　In order to enable everyone to enjoy a more perfect travel experience while driving, Avita aspires to become more intelligent and modern. On July 14, MIIT officially announced the information of Avita’s first medium and large sedan in the 373rd batch of new car announcements – Avita 12.

　　From the information disclosed at this stage, the appearance of the Avita 12 shows a sense of power and futurism, and the pure coupe design concept uses lines to outline the suspension of the coupe posture. Combined with the front face design of the Avita gene and the unique sports back design of the coupe GT model, the pure sensibility can’t help but be intoxicated. Create a cushioned induction cockpit for the owner, allowing users to enjoy an emotionally intelligent space experience.

　　Its details are also in place. At this stage, only a very small number of brands can achieve mass production of electronic exterior rearview mirrors, and Avita 12 is one of them. It perfectly interprets the "futuristic feeling" of smart new cars with innovative design and intelligent technology. With the blessing of high definition image technology, electronic exterior rearview mirrors can provide a good and clear vision environment in harsh environments such as rain at night, ensure driving safety, and provide users with a sense of security. At the same time, it also reflects the humanistic care of its brand.

　　The Avita 12 power system will be the same as the Avita 11. The Avita 12 provides two sets of power systems with rated output power of 230kW and 425kW respectively. From the data, it can be basically determined that this is the rear-drive version and four-wheel drive version of the Avita 12. Referring to the Avita 11’s acceleration performance of 3.98 seconds, the Avita 12 has the same level of power parameters, coupled with the low drag coefficient brought by the coupe shape, it can be seen that the Avita 12 has better performance output levels.

　　Avita Motors’ OTA upgrade speed is also the fastest. Basically, every time the OTA system is upgraded, the experience of Avita Motors is very smooth. Avita 12, as a new high-end intelligent coupe GT model car under Avita Motors, will also show an unprecedented level of intelligence. Stay tuned!

　　

　　Andy transforms into a magician and performs magic tricks on stage

　　China News Service, December 23rd, according to the Hong Kong Ta Kung Pao reported that a series of 16 "Andy Lau Wonderful World Concert 2007" was grandly staged at the Red Pavilion the night before. Andy, who has always been professional and serious, put his heart and soul into designing every performance link, and did not hesitate to take risks. In addition to the desperate performance of incarnating the Flash and sending his fingertips numb, that night Andy was even more unsafe. When he sang on the high platform, the stage suddenly leaned forward, scaring Andy to clench the handrail. After that, he danced with the female dancers. Due to the heavy stage mechanism, Andy almost fell off the stage. Fortunately, everything was just a surprise, and the performance went smoothly.

　　Musicals play magic tricks to coax audiences

　　Under the momentum of seven million volts of lightning, Andy opened the song "The Sky is Higher". Although he had taken sufficient measures to prevent electricity, Andy was also numb from the strong electricity, but fortunately he was not seriously injured. Then Andy walked on several high platforms about 35 feet without safety protection to sing. It was very thrilling to see him only relying on the handrail to stabilize his body. When he sang "Obsessed in the Dark", the platform suddenly leaned forward. Then Andy performed flying, pulling the rings tightly with his hands and falling from the sky, performing brilliantly. When Andy sang "****** Child", he danced with the female dancer. Due to the heavy stage mechanism, Andy almost fell into the stage hole by mistake. Fortunately, he found out in time and no accident occurred, but he was also shocked. After the two of them were hugged and hung to a high place, the "Weaver Girl" was suddenly thrown to the bottom of the sta****en feet high from the sta*****he audience was stunned by the throw and shouted brilliantly.

　　Andy sings dressed in white, wearing a 10 million diamond ring, during which he pulls off his coat to reveal his strong abs, and even the buttons of his suspenders burst open, almost revealing his bottom. After that, Andy appears as a clown and a magician, and asks the fans: "Should an idol have a girlfriend?" The fans in the audience shouted should. Then Andy said: "I want to introduce a woman to everyone. This girlfriend and I have been dating since we were fourteen years old. She has to change her image every time to make everyone lose sight of her." After that, Andy uses a magic show to attract the audience, singing on stage while changing the female dancers into different clothes, which is very amazing. After that, Andy shook hands with the audience, causing them to go crazy. During this period, Andy was worried about an accident, so he returned to the middle of the stage and appealed to the fans to calm down before shaking hands with them again. The first night of the concert ended at 11:15.

　　Idols are people too, and they should also fall in love

　　After the show, Andy was interviewed by the media in the background, talking about the thrilling performance of lightning. He said that because the effects of wind, fire and water have been done in the past, this time he innovated to play video games, and made a special trip to the United States to invite a company specializing in lightning rods to cooperate with the performance effect. The protective clothing worn by Andy will transfer the current for him, and he will also do a full check before the opening to ensure that there is no problem with the protective clothing. For the sake of safety, the concert also refused anyone to visit the backstage. Even the two dancers on the stage had to wear a hood for him. Andy admitted that after the performance, his body was basically fine, but he also felt numbness in his fingertips.

　　On stage, Andy Zai blew up a girlfriend who had been dating for a long time. When pressed, he laughed and said that this was not his own voice, but was just used as an introduction performance. As for "whether idols should fall in love", Andy felt that fans were right and should be, because idols are people, not birds, so he will fall in love. Talking about the 10 million diamond ring he wore during the performance, Andy said that the ring was closely guarded and had someone to wear it for him.

Editor in charge: Wang Yuxi

Image source: ICphoto

Although there is still uncertainty about the listing at the end of the year, it has not affected the normal operations within Wanda Group.

Blue Whale Finance found through the official website of Wanda Group that since the beginning of this year, Wanda Group Chairperson Wang Jianlin has led a team to reconstruct the cultural tourism map in many places across the country, and has signed strategic cooperation with the governments of Luoyang, Henan, Deyang, Sichuan, Zhangjiajie, Shanxi Datong, Yichun, Heilongjiang, and other places to cooperate around the cultural tourism industry.

On August 3 this year, Wanda Group announced through its official website that it would rename its Wanda Cultural Group to Wanda Cultural Tourism Group. Blue Whale Finance recently learned from people close to Wanda that, unlike previous cultural tourism projects, the future Wanda Cultural Tourism will "abandon the weight and lighten the weight". Like Wanda Plaza, asset-light cultural tourism is the main direction.

Restart the cultural tourism industry

According to Wanda Group’s official website, Wanda currently includes business management groups, cultural tourism groups and investment groups. Among them, the business sectors of the cultural tourism group, in addition to film and television, sports, and baby king, there are also four cultural tourism projects and cultural tourism planning and design institutes. The four cultural tourism projects are Changbai Mountain International Resort, Wuhan Central Cultural District, Lanzhou Wanda City, and Yan’an Red Street.

The above-mentioned sources told Blue Whale Finance that Wanda Cultural Tourism is a business sector that Wang Jianlin has always wanted to do. After selling Wanda Cultural Tourism to Sunac, Wanda has not stopped expanding its cultural tourism projects.

In February this year, Wanda established a comprehensive strategic cooperative relationship with Luoyang, and took the Longmen Tourist Resort project in Luoyang as the first major cooperation project. On April 10, Wanda signed a contract with Sichuan Deyang for the Sanxing Lake Wanda five-star hot spring resort hotel and international cultural tourism project. On April 12, Zhangjiajie Tourism Group announced that it signed a strategic cooperation framework agreement with Wanda, and the two sides will cooperate on the Dayong Ancient City project. In June, Wanda signed a comprehensive strategic cooperation agreement with the Datong Municipal Government and Datong Cultural Tourism Investment Group respectively, mainly on the cooperation of Datong Ancient City. In August, Wanda signed a strategic cooperation agreement with the Yichun Municipal Government and Yichun Sengong Group to plan in-depth cooperation in the cultural tourism industry and other fields.

In addition, since the beginning of this year, Wang Jianlin has led a team to visit many places and exchanged discussions with local governments, including Pinggu District, Beijing, Changchun, Jilin, Libo County, Qiannan Buyi and Miao Autonomous Prefecture, Guizhou, and Suqian, Jiangsu. This year’s August-September is particularly concentrated.

According to the official website of the Yichun Municipal Government, on August 16 this year, Sui Hongbo, Secretary of the Yichun Municipal Party Committee, met with Wang Jianlin, Chairperson of Dalian Wanda Group, and the two sides exchanged ideas on cooperation in cultural tourism and other fields. Wang Jianlin said that Wanda will give full play to the successful experience in the development of the cultural tourism industry accumulated over the years. Relying on Yichun’s valuable resources and the upcoming high-speed rail era, it will actively plan for cooperation between the two sides, strengthen planning and design on the "ice and snow", and do a good job in innovative articles.

According to the official website of the Beijing Pinggu District Government, on August 26 this year, Pinggu District and Wanda Group held a symposium. Tang Hailong, Secretary of the Pinggu District Party Committee, hoped that Wanda would actively participate in the construction of the "Pingyu dual-use" rural revitalization Jinhai Lake core area. Wang Jianlin said that Wanda would give full play to its own advantages in cultural tourism, hotel operations, etc., and select a representative, exemplary and leading project group as soon as possible to study and formulate a planned operation plan to help the construction of the "Pinggu dual-use" core area with practical actions.

According to the official website of the Suqian Municipal Government, on September 5 this year, Chen Zhongwei, Secretary of the Suqian Municipal Party Committee, met with Wang Jianlin, Chairperson of Wanda Group, and Wang Jianlin said that Wanda Group will give full play to its own advantages, rely on Suqian’s superior ecological resources, and further increase cooperation in areas such as cultural tourism.

"Cultural tourism industry" is a common keyword mentioned by local governments and Wanda.

Wanda Tourism Industry was established in October 2013 and belongs to Wanda Culture Group. In 2014, Wanda Tourism revenue was only 7.50 billion yuan, but by 2016, Wanda Tourism revenue had reached 17.43 billion yuan, an increase of nearly 40% year-on-year.

Wanda’s tourism brand "Wanda City" has not only opened one after another across the country, but also began to enter overseas, signing two large-scale cultural tourism projects in India and Paris in 2016. Wang Jianlin said at the time that by 2025, 25 Wanda Cities will be opened worldwide, of which 5 will be opened overseas. "First, it is possible to gradually accumulate and become a leading brand in terms of business scale."

However, in 2017, due to financial problems, Wanda transferred 91% of the shares of 13 cultural and tourism projects to Sunac for 43.844 billion yuan, which was called "M & A of the Century".

It was the industry consensus at the time that Wanda would give up the cultural tourism industry, but Wanda said in a subsequent statement: "As China’s earliest pioneer in the cultural tourism industry, Wanda has always been optimistic about the development prospects of China’s cultural tourism industry. In the future, Wanda will continue to invest in the cultural tourism industry. Its cultural tourism group (including planning, construction and project management departments) will continue to be an important industrial group of Wanda for sustainable development."

Wanda said that it will continue to invest in the cultural tourism industry in the future, retain the backbone team of the cultural tourism industry, and reorganize the Cultural Tourism Planning Institute, Cultural Tourism Construction Center, and Cultural Tourism Management Company.

From the start of the Changbai Mountain cultural tourism project a decade ago, Wanda has never given up its ambition to expand the cultural tourism industry. The above-mentioned person familiar with the matter said that, unlike the previous "land acquisition-development" asset-heavy model, Wanda’s future cultural tourism industry will be mainly asset-light operation. "The land is still owned by the local government, and Wanda only manages and operates and exports brands."

It is reported that Wanda Neijiang Cultural Tourism City, located in Sichuan, is scheduled to open at the end of this year and will become an important tourist destination in Chengdu and Chongqing and a new business card for Neijiang City.

Whether it will go public at the end of the year is still up in the air

For enterprises, the asset-light model will undoubtedly greatly reduce the pressure on capital.

According to Wanda’s official website, as of December 31, 2022, 473 Wanda plazas have been opened across the country, and Blue Whale Finance has learned that half of them are asset-light projects. In addition, at the end of this month, Beijing will open two more Wanda plazas at the same time, both of which are asset-light projects.

On August 31, Wanda Commercial Management disclosed that the interim report of corporate bonds showed that the operating income in the first half of 2023 was 25.452 billion yuan, an increase of 4.30% year-on-year; the gross profit margin was 64.63%, an increase of 1.53 percentage points year-on-year.

Among them, the hotel operating business revenue rose the most significantly, up 103.84% year-on-year, with gross profit margin increasing by 17.67 percentage points. Other business revenue rose 3.05%, and gross profit margin increased by 2.1 percentage points.

Wanda Commercial Management plans to spin off the listed subsidiary Zhuhai Wanda Commercial Management’s total assets are 22.886 billion yuan, net assets are 7.233 billion yuan, the operating income during the reporting period is 27.12 billion yuan, and the main business profit is 12.984 billion yuan.

The net cash flow generated by Wanda Commercial Management’s operating activities in the first half of the year was 11.852 billion yuan, an increase of 41.6% year-on-year. The balance of cash and cash equivalents as of the end of the first half of the year was 14.692 billion yuan. As of the end of the first half of the year, Wanda Commercial Management’s consolidated interest-bearing liabilities were 141.283 billion yuan, of which the interest-bearing liabilities due within one year were 29.257 billion yuan.

After experiencing a period of debt repayment pressure, Wanda also ushered in good news. On September 12, a domestic debt "200,000 01" repo bond owned by Wanda Commercial Management has been repaid. The repo payment amount is 3.79 billion yuan, which is close to the full repurchase.

According to the announcement of Wanda Commercial Management, the bond code 175119, the issuance scale is 3.80 billion yuan, the bond maturity is 5 (3 + 2) years, the coupon rate is 5.58%, the issuance start date is September 7, 2020, and the maturity date is September 9, 2025 9 (postponed in case of holidays), but in the third year, that is, when it expires in 2023, the issuer has the option to adjust the coupon rate and the investor’s right to sell back.

The person close to Wanda said that after the completion of the bond sale and payment, Wanda Commercial Management has no public overseas debt maturity risk this year. "Wanda’s business model is very clear, the return on assets is expected to further improve, and there is little pressure on public market debt in the next few years."

However, whether Zhuhai Wanda Commercial Management can go public smoothly at the end of this year remains unresolved and remains the biggest hurdle facing Wanda.

Business Daily News (Correspondent, Yan Qiang, Trainee Reporter, Gu Shuichen) "The experience of driving the new car is very good. I feel that the braking performance and charging speed of the new car have been upgraded." Talking about the new taxi he bought, Ouyang, an old master with more than 20 years of driving experience, was quite excited.

Yesterday afternoon, the theme activity of Hangzhou’s most beautiful taxis helping a better life "Welcome July 1st" and the signing ceremony of the industry party building joint construction and the delivery ceremony of the new car of "oil to electricity" were successfully held. 100 Geely Automobile geometric A model new energy taxis were successfully delivered to the hands of Hangzhou taxi masters.

The "oil-to-electricity" project for taxis in Hangzhou began several years ago. In 2022, Hangzhou proposed that new and updated cruise taxis in the urban area must be new energy pure electric vehicles, and the vehicles should comply with the "Hangzhou Cruise Taxi Vehicle Technical Standards".

In this standard, specific requirements are made for cruise taxi vehicles to use new energy pure electric vehicles, with a wheelbase of not less than 2700 mm, a trunk volume of not less than 400 liters, and a mileage of not less than 400 kilometers under comprehensive operating conditions (except for electric pure electric vehicles).

Two years on, the project is progressing smoothly. The reporter learned that more than 8,000 cruise taxis have been updated in the city, and more than 6,500 in Shangcheng District, Xihu District, Gongshu District and Binjiang District. Hu Huijian, director of the taxi department of the Hangzhou Road Transport Management Service Center, said, "There are more than 14,000 taxis in Hangzhou, and the current proportion of new energy vehicles has exceeded 60%. We expect that in 2027, all cruise taxis in Hangzhou will be updated to new energy vehicles."

In addition to the delivery of new energy vehicles, the event also awarded the 2023 taxi industry "two excellent and one first" recognition to 23 outstanding party members who have achieved excellent results. The Party Committee of Hangzhou Passenger Taxi Industry Association, the Party Branch of Zhejiang Petroleum Company of China Aviation Oil Group, and the Sixth Party Branch of the Municipal Urban and Rural Construction Management Service Center also signed a party building and joint construction contract to gather the power of the charging and replacement industry and the taxi industry, and enjoy the privilege and empower high-quality development.

In addition, on the day of delivery, Hangzhou United Bank also launched the "oil to electricity" special project financial services, which helped transportation companies and car owners to realize the "oil to electricity" renewal and transformation of vehicles.

Chen Jian, a member of the party group and deputy director of the Hangzhou Municipal Transportation Bureau, and deputy secretary of the Party Committee of the Municipal Transportation Industry, said that next, it will also be committed to improving barrier-free travel services, ensuring that more than 500 barrier-free taxis are operated on the road, and further improving the Hangzhou Taxi 95128 hotline.

　　A former flight attendant passenger was killed, and then a Yueqing girl was victimized. Two murders occurred in just three months. Didi’s internal management was questioned, and it was interviewed and ordered to rectify by multiple regulatory departments in many places. Now, the regulatory storm that belongs to Didi has arrived. On the 28th, Didi Chuxing founder Cheng Wei and president Liu Qing issued an apology statement saying that the ride-hailing business model was reassessed and it would be offline indefinitely before the safety protection measures were not recognized by users.

　　Online insults of murdered girls

　　A man is under administrative detention

　　On August 24, Zhao, a girl from Yueqing, Zhejiang Province, was raped and killed by her driver on her way to Yongjia in Didi Hitch. Three months ago, in Zhengzhou, Henan Province, a flight attendant passenger was killed by a Didi Hitch driver. The two cases are the same, the same Didi, the same Hitch, and the same female passenger died.

　　After the incident, Didi claimed that "for all criminal cases that occur on the platform in the future, Didi will give compensation three times according to the standard of personal injury compensation stipulated by law". However, any compensation and accountability after the incident cannot restore the lost lives.

　　On August 27, the People’s Procuratorate of Yueqing City, Zhejiang Province approved the arrest of the alleged offender Zhong Yuan on suspicion of robbery, rape, and intentional homicide. After accepting the case materials submitted by the Yueqing City Public Security Bureau for approval of the arrest of the alleged offender Zhong Yuan on August 27, the People’s Procuratorate of Yueqing City found that Zhong Yuan’s behavior was suspected of robbery, rape, and intentional homicide, and met the conditions for arrest. According to the provisions of the first and second paragraphs of Article 79 of the Criminal Procedure Law of the People’s Republic of China, the decision to approve the arrest of Zhong Yuan was made according to law on August 27 and handed over to the public security organs for execution.

　　Previously, the Didi platform said in an apology and statement: "The license plate was forged offline by Zhong at the time of the crime." The alleged offender confessed that he had been running Didi Hitch with the license plate at the time of the crime since May and June last year. According to the police report, at the time of the crime, Zhong Yuan was driving a car with the license plate of Sichuan A31J0Z. When the police applied to the Didi platform for owner information during the case, they also got the license plate of Sichuan A.

　　The alleged offender, Zhong Yuan, also acknowledged that the Sichuan A31J0Z vehicle was the vehicle at the time of the crime. However, in an apology and statement issued by Didi’s platform, it mentioned that "the license plate at the time of the crime was forged offline by Zhong." In an interview with reporters, Didi did not explain.

　　Shenzhen police issued a police report on the evening of the 27th, saying that a man was detained by the police according to law for making some remarks in the QQ group that seriously insulted the girl who was killed by Yueqing Riding Didi Hitch.

　　According to reports, after the murder of the Yueqing girl on Didi Hitch, a QQ user nicknamed "Shenzhen-No Car" made insulting remarks about the murdered girl in the "Shenzhen Didi Exchange Group" QQ group of more than 1,000 people, which immediately aroused the indignation of netizens and has seriously caused adverse social impact. On August 27, the Shenzhen Internet police seized the suspect in an industrial park in Bao’an District based on a tip. After trial, Zhang Moujin (male, 22 years old) confessed to his illegal act of spreading insulting remarks online.

　　The public security organ reminded that online platforms are illegal, and citizens should take responsibility for their online speech. Words and deeds that insult others and disrupt social order on the Internet will be punished by law.

　　Hitch business offline indefinitely

　　According to the official Weibo news of Didi Chuxing platform, on the 28th, Didi Chuxing founder Cheng Wei and president Liu Qing issued an apology statement saying that Didi no longer uses scale and growth as a measure of the company’s development, and the business model of Hitch is reassessed. Before the safety protection measures are not recognized by users, it will be offline indefinitely.

　　The following is the full text of the apology statement:

　　Solemnly apologize

　　In the past few days, our hearts have once again fallen into incomparable pain and suffering. In just over three months, during the process of safety rectification of the platform, tragedy happened again. As the founder and president of the company, we are very sad and remorseful. Although all words are pale in the face of the lost lives, we still solemnly apologize to the victims, to the families of the victims, and to everyone. Sorry, we failed everyone.

　　When we set out six years ago, we firmly believed that we could use the power of technology to make travel better, but the tragedy we experienced made us realize that we lacked awe. Because of our ignorance and arrogance, we caused irreparable damage. We knew that in the end, it was our competitive spirit that overshadowed our original intention. In just a few short years, we relied on aggressive business strategies and the power of capital to run all the way to prove ourselves. But today, in the face of lost lives, all this false name has lost its meaning. Many colleagues began to waver, wondering if they were really doing the right thing, and the whole company began to deeply examine and even question whether our values were correct. Everyone was caught in the emotions of self-examination, self-doubt, and self-denial.

　　In this sad moment, the only thing we can do is to lead the team to face the pain, take responsibility, race against time and do our best to solve the problem, let the original intention return, and express our condolences in this way.

　　In the past few days, the team has repeatedly sorted out every detail of the case, and deeply reflected on the reasons and management issues behind it, and will implement actions in the following areas:

　　1. Didi no longer uses scale and growth as a measure of the company’s development, but takes safety as the core assessment indicator, and its organization and resources are fully tilted towards safety and customer service systems.

　　2. The overall function of the safety product is upgraded to optimize functions such as emergency help and itinerary sharing. For customer service complaints about personal safety, we will take a three-way connection to dial 110 to ensure that the relevant information is given to the police as soon as possible;

　　3. The Hitch business model is reassessed, and it will be offline indefinitely before the security protection measures are not recognized by users.

　　4. Work with the public security department to build a user security protection mechanism, respond efficiently to the needs of local public security departments in accordance with the law, and start testing the developed police self-service inquiry system.

　　Although safety work is never-ending, and although it is difficult for us to completely prevent people with ulterior motives from using the platform to do illegal things, we will do our best to protect passengers and drivers on the platform, so that the crime rate of the online ride-hailing industry continues to decrease, and cooperate with the police to bring all criminals to justice. I implore all sectors of society to supervise and criticize us, and always spur us on.

　　In the face of the loss of life, we have no excuses and once again offer a solemn apology to everyone.

　　Cheng Wei, Liu Qing

　　August 28, 2018

　　Order Didi to make a comprehensive rectification

　　data access supervision platform

　　On the afternoon of the 25th, after the Yueqing police arrested the alleged offender, the Zhejiang Provincial Transportation Management Bureau urgently interviewed the person in charge of the Zhejiang District of the Didi platform. In view of the major safety hazards of the Didi platform ride-hailing business, the Didi platform was required to rectify immediately, and its ride-hailing business in the Zhejiang area was suspended during the rectification period.

　　On the afternoon of the 26th, the Ministry of Transport, together with the Ministry of Public Security and the Beijing and Tianjin transportation and public security departments, conducted a joint interview with Didi Company in response to the above incident, ordering it to immediately carry out comprehensive rectification of the ride-hailing business, accelerate the compliance process, strictly abide by the safety bottom line, effectively implement the main responsibility of the carrier’s safe and stable management, protect the safety and legitimate rights and interests of passengers, and promptly announce the relevant rectification to the society.

　　On the 27th, Guangzhou, Shenzhen, Dongguan and other relevant departments in Guangdong Province all conducted interviews with Didi. Among them, the Guangzhou side stressed that the Guangzhou traffic department will strengthen the law enforcement linkage with the public security, market supervision and other departments, and take a "zero tolerance" attitude to resolutely investigate and punish all kinds of illegal acts such as illegal operation of online car-hailing and illegal operation in the name of Hitch.

　　Nearly 5,000 drivers in the city did not obtain relevant operating certificates, did not transmit data to government departments as required, and did not cooperate with the public security organs to check the driver’s background… Shenzhen multi-department ordered Didi platform to complete four comprehensive rectification work by the end of September, otherwise, it will take joint punishment, revoke the business license, and remove the APP from the shelves.

　　In addition, the Hubei Wuhan Municipal Traffic Commission and the Municipal Public Security Bureau jointly interviewed 9 online car-hailing platforms such as Didi Chuxing on the basis of the Wuhan Customer Management Office, and ordered the city’s online car-hailing companies to speed up the compliance process.

　　A few days ago, the Chongqing Municipal Transportation Management Bureau, the Municipal Traffic Administrative Law Enforcement Detachment, and the Municipal Public Security Bureau Public Security Corps Passenger Transport Detachment interviewed Didi Chongqing Branch and ordered it to obtain the legal business qualification for online car-hailing within a time limit in accordance with the requirements of the national and Chongqing road transportation laws and regulations. According to reports, since Didi entered the Chongqing market in 2014, it has not obtained the business qualification due to its failure to meet the relevant requirements of the national and Chongqing road transportation laws and regulations. In addition, according to the relevant requirements of the Ministry of Transport, the Chongqing Municipal Transportation Management Bureau has repeatedly asked Didi to connect its business data to the data platform of the management department for supervision, but Didi has not yet connected.

　　In addition, the Chongqing Municipal Traffic Law Enforcement Department has seized multiple cases of Didi drivers engaging in cross-regional illegal operations in the name of Hitch, and has interviewed Didi many times to order them to standardize and rectify, but with little success.

　　During the interview, the Chongqing transportation management department put forward a number of mandatory rectification requirements for Didi Chongqing Branch, requiring it to put the safety of people’s lives and property first, and obtain legal business qualifications within a time limit, including timely cleaning up of non-compliant vehicles and drivers on the platform, connecting vehicle and driver data within the scope of Didi Chongqing to the government supervision platform, establishing a passenger complaint platform and processing replies in a timely manner.

　　Comprehensive Xinhua News Agency, CCTV News, China News Service