This year’s auto show can be said to be very lively. Many brand bosses came to the scene in person, which not only brought traffic to their own brands, but also showed the importance that brands attached to this auto show. However, as an insider, I care more about the models and technologies released/unveiled at this auto show than the traffic. Among many brands, the brand and its first revolutionary technology, Cloud Web -Z, are undoubtedly the most interesting.

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Let’s look at the model first, and look up at U7′ s positioning as a large car. Its overall shape adopts similar designs, such as the exaggerated C-shaped headlight group and the bump on the hood, which makes it very visually impactful. The lines on the side of the car are very smooth, and the sense of movement is particularly prominent. The overall flat design of the tail also fits the positioning of its movement.

In terms of power that everyone cares about, the new car is equipped with an easy Sifang platform and four motors. Under this combination, the comprehensive power of the system has reached an astonishing 1306 horsepower. Of course, the biggest attraction of looking up at U7 is that it is the first to build a ceiling-level cloud -Z technology.

In fact, I believe everyone is familiar with the cloud technology. At present, BYD has launched Cloud -C, Cloud -A and Cloud-P. So, what’s the bright spot of Yunqi -Z, which is carried on the U7?

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The special feature of Yunqi -Z is that it is a complete set of electric suspension technology, because its suspension mechanism is driven by an independent motor and adopts a highly integrated suspension motor. The benefits of this suspension are also obvious. For example, when crossing some bad roads, because its stroke is much shorter than that of the traditional suspension, the motor and the shock absorber can almost achieve real-time shock absorption, so the vehicle can pass directly without shaking and bouncing. According to the official data given by BYD, it can make 50 adjustments in 10 milliseconds, which is why it can make almost no jitter when the vehicle passes through the bumpy road quickly.

In addition, this suspension has a particularly powerful place, that is, Yunxiao -Z has energy recovery function. Different from the traditional suspension, Yunqi -Z is originally electromagnetic power, so it can convert kinetic energy into electric energy during operation and charge the battery. In addition, it does not have traditional oil as the medium, so the energy transmission loss is smaller, so the advantage of this technology is that it can increase battery life.

At this Beijing Auto Show, Wangwang also released a video. At the beginning of the video, there is a water cup almost filled with water. As the camera zooms out, it is found that the water cup is in the middle of the constantly vibrating car body, and the four wheels are focused on four different upper and lower planes. However, even so, the water in the cup is not spilled at all, which shows the power of this technology.

Write it at the end

Although the traffic of BYD, Wangwang and other brands seems to be low at this Beijing Auto Show, what I want to say is that for automobile products, traffic is important, but technology is more important. After all, traffic is only temporary, and technology is the key to determining the brand. Finally, I hope that both U7 and Yunqi -Z will be listed in the second half of this year, and everyone can look forward to it.

When Wanda Commercial’s IPO sprint was fruitless and the bet was facing default, Wanda Group Wang Jianlin could finally breathe a sigh of relief.

On December 12, 2023, PAG and Dalian Wanda Commercial Management Group jointly announced the signing of a new investment agreement. PAG will work with other investors to reinvest in Zhuhai Wanda Commercial Management after its investment redemption period expires in 2021.

The investment amount of existing investors in Zhuhai Wanda Commercial Management in August 2021 is about 38 billion yuan, of which the investment amount of Pacific Alliance is about 2.80 billion US dollars (about 18 billion yuan).

According to the new agreement, Dalian Wanda Commercial Management holds 40% of the shares, making it the single largest shareholder. Pacific Alliance and several other existing and new investors will participate in the investment, with a total shareholding of 60%.

Wanda will work with key shareholders such as Pacific Alliance to further optimize the company’s corporate governance, maintain the stability of the management team, and jointly support the company’s long-term development.

Wanda Group said that the new agreement reflects investors’ high recognition of Zhuhai Wanda Business Management’s growth potential and its operating capabilities.

Wanda Commercial Management expects annual revenue to 29.30 billion

According to the introduction, Wanda Commercial was established in September 2002 and is one of the world’s leading commercial property holding and operation enterprises. Zhuhai Wanda Commercial Management is the only business platform for asset-light operation and management of commercial centers under Dalian Wanda Commercial Management Group.

As of November 2023, Zhuhai Wanda Commercial Management operated and managed 494 large-scale commercial centers, of which 290 were commercial centers under Dalian Wanda and 204 were third-party asset-light commercial centers.

Zhuhai Wanda Commercial Management currently manages 494 large commercial centres in 227 prefecture-level and above cities across the country. The number of commercial centres managed by Zhuhai Wanda Commercial Management has grown from 417 to 494 in the past two years, an average annual growth rate of about 9%. Zhuhai Wanda Commercial Management is now the world’s largest commercial management company in terms of commercial area under management.

Since existing investors invested in 2021, Zhuhai Wanda Business Management has exceeded its performance targets for three consecutive years. After-tax income in 2021 is 23.50 billion yuan, 2022 is 27.10 billion yuan, and 2023 (estimated) is 29.30 billion yuan, with an average annual growth rate of about 12%. After-tax profit in 2021 is 5.30 billion yuan, 2022 is 7.50 billion yuan, and 2023 (estimated) is 9.50 billion yuan, with an annual growth rate of 34%.

In the past three years, Wanda Commercial Management has paid a total of about 10 billion yuan in taxes, and the dividends to shareholders are 4.60 billion yuan in 2021, 6.70 billion yuan in 2022 and 8.50 billion yuan in 2023 (estimated).

Tencent and Country Garden are shareholders

In 2018, Tencent Holdings, as the main sponsor, jointly signed a strategic investment agreement with Suning, JD.com, Sunac and Wanda Commercial in Beijing to invest in 34 billion and acquire about 14% of the shares held by investors introduced when Wanda Commercial Hong Kong H shares were delisted.

Before the Wanda Commercial Management IPO, Wang Jianlin directly held 5.19% of Dalian Wanda Commercial and 44.31% through Wanda Group. In addition, Zhuhai Wenchi held 1.7%, Zhuhai Wenlong held 0.98%, and Dalian Wentai held 4.29%.

Wang Jianlin holds 36.58 per cent of Zhuhai Wentai, 4.53 per cent of Zhuhai Wentai and 70.11 per cent of Dalian Wentai, which are shareholding platforms for employees of Wanda Group and its subsidiaries.

Wang Jianlin’s wife, Lin Ning, holds 3.18 per cent of Dalian Wanda Commercial; Wang Jianlin holds 98 per cent of Dalian Hexing and 2 per cent is held by Wang’s son, Wang Sicong. Dalian Hexing holds 99.76 per cent of Wanda Group and Wang Jianlin directly holds 0.24 per cent of Wanda Group.

Dalian Wanda Commercial holds a 78.83% stake in the joint stock company of Zhuhai Wanda Commercial Management Group, and investors hold a 21.15% stake in the joint stock company of Zhuhai Wanda Commercial Management Group.

Country Garden holds 1.7945%, Chow Tai Fook’s WellSmart Developments Limited holds 0.0718%, CITIC Capital’s CCP Wing Investment holds 1.7857%, Jinyi Global holds 1.7945%, and Shanghai Yunxin Entrepreneurship holds 0.9778%.

Tencent holds 0.7222% through Huang River, Tencent holds 0.1179% through Shenzhen High Light Computer Technology Co., Ltd.; Ant Group’s Accelerator I holds 0.4643%;

PAGAC holds 3.5714%, CITIC Securities Investment Co., Ltd. holds 0.3611%, and Hangzhou Tangzhi Equity Investment Partnership (Limited Partnership) holds 0.0555%.

However, as investors in Wanda Commercial Management, Ning and Sunac have encountered operational difficulties to varying degrees. It is difficult for the Mud Bodhisattva to cross the river, but it is difficult to solve the problem. In particular, Ning also stepped on Evergrande, causing serious losses. Country Garden is also in crisis, and only Wanda is relatively better off.

Selling Wanda Films to Help Yourself

A few days ago, Wanda Film announced that it received a notice on December 6, 2023 that the company’s indirect controlling shareholder, Beijing Wanda Cultural Industry Group Co., Ltd., and its wholly-owned subsidiary, Beijing Hengrun Enterprise Management Development Co., Ltd., and the company’s actual controller, Wang Jianlin, intend to transfer the 51% equity of the company’s controlling shareholder, Beijing Wanda Investment Co., Ltd. to Shanghai Ruyi Investment Management Co., Ltd.

As early as July 20, 2023, Beijing Wanda Cultural Industry Group Co., Ltd., the indirect controlling shareholder of Wanda Film, signed an Equity Transfer Agreement with Shanghai Ruyi Film and Television Production Co., Ltd. (referred to as "Shanghai Ruyi"), and Wanda Cultural Group transferred its 49% stake in the company’s controlling shareholder, Beijing Wanda Investment Co., Ltd. (referred to as "Wanda Investment"), to Shanghai Ruyi. Shanghai Ruyi invested 2.262 billion yuan.

This means that once the transfer is completed, Shanghai Ruyi will hold a 100% stake in Wanda Investment Co., Ltd., and then hold a 20.03% stake in Wanda Film. Wanda Film’s actual control will change from Wang Jianlin to Shanghai Ruyi.

According to the financial report, Wanda Film’s revenue in the first nine months of 2023 was 11.348 billion yuan, an increase of 46.98% over the same period last year; net profit was 1.115 billion yuan; net profit after deduction was 1.10 billion yuan. Among them, Wanda Film’s revenue in the third quarter of 2023 was 4.479 billion yuan, an increase of 61% over the same period last year; net profit was 692 million yuan, and net profit after deduction was 689 million yuan.

Wang Jianlin once again "cut meat" to save himself is to deal with the delay in the listing of Wanda Commercial Management, and the company is facing a situation of default on gambling.

When it comes to Liu Yifei, everyone will think of her little dragon girl in "The Condor Hero". The feeling of not eating human fireworks, even Li Ruotong praised her. However, in real life, she is very down-to-earth, and she has adopted many stray cats with love.

It has to be said that Liu Yifei’s debut is zero scandals, and the only boyfriend she admits to is Korean Oba Song Seung-heon. I still remember when they first announced their relationship, the Internet exploded, and countless otaku men cried bitterly.

Surprisingly, just when they were about to talk about marriage and love, they suddenly announced their breakup, but the fans were very happy. After all, everyone felt that only Hu Ge was worthy of the fairy sister, but Liu Yifei didn’t interact with him at all these years, and even her birthday wishes were concise and concise.

In an interview, it turned out that Liu Yifei had liked someone, and he was Lin Zhiying. It is known that they met because of "Dragon Babu", and then there was an affair, because Lin Zhiying had publicly stated that Liu Yifei was very understanding and in line with his girlfriend standards.

It is worth mentioning that Liu Yifei, who has never appeared in a MV, agreed to be the heroine of Lin Zhiying’s new album, just like a couple in love. However, until Lin Zhiying and Chen Ruoyi got married, Liu Yifei did not say it, which is really good luck.

However, no choice is the best choice. The art of life lies in giving up, and giving up is for better possession. This is very similar to Liu Yifei. This also reminds the editor of the story of the "Perfect" solo drama "Miss Mudslide Confession" that fooled the heartbeat boy three times!

It is reported that as a "swimming coach", the girl was once abandoned by her boyfriend because she was too girl, but she knew how to give up. Finally, the girl finally met a boy who could make her heart move. Although she knew that she was not obedient enough, she still took the initiative to attack.

And after the girl’s carefully arranged confession scene, it was very romantic! And the boy was also moved by the girl’s sincerity and bravery. Most importantly, the personality and interests he admired were very similar to him, which could reduce friction in future relationships.

Indeed, the most important thing is that the two of them can be together, and Liu Yifei can’t get together with Lin Zhiying, which may mean that they are not suitable. Besides, as long as you are good enough, there will naturally be better waiting for you.

Having said that, Liu Yifei and Lin Zhiying did not have a perfect ending, but at least they loved each other, and this beauty is still retained in their hearts. So, do you like Liu Yifei? Is she a good match for Hu Ge?

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).

　　This year marks the 40th anniversary of the Golden Rooster Award for Chinese films and the 30th China Golden Rooster and Hundred Flowers Film Festival, which coincides with the 40th anniversary of the construction of Xiamen Special Economic Zone. On December 28th, the China Golden Rooster and Hundred Flowers Film Festival and the press conference of the 34th Golden Rooster Award for Chinese Film were held in the picturesque "Ludao" Xiamen. Liao Huasheng, member of the Party Group and Vice Mayor of Xiamen Municipal People’s Government of Fujian Province, Yan Shaofei, Deputy Secretary and Secretary General of the Party Group of China Film Association, and La Peikang, Vice Chairman of China Film Association, attended the meeting. The conference was hosted by La Peikang, and Liao Huasheng and Yan Shaofei delivered speeches respectively.

　　From right to left: Liao Huasheng, member of the Party Group and Vice Mayor of Xiamen Municipal People’s Government of Fujian Province, Yan Shaofei, Deputy Secretary and Secretary General of the Party Group of China Film Association, and La Peikang, Vice Chairman of China Film Association.

　　Founded in 1981, the Golden Rooster Award for Chinese Film is a national award-winning activity approved by Publicity Department of the Communist Party of China and sponsored by China Federation of Literary and Art Circles and China Film Association. Over the past 40 years, the Golden Rooster Award for Chinese films has always been based on the principle of "academic, contending and democratic", rewarding outstanding films and commending outstanding film artists, which has made positive contributions to the prosperity and development of China’s film art creation, promoting film theory and criticism, improving the overall level of China’s film art and technology, and enhancing the international status of China’s films. The Golden Rooster Award is also known as the "Expert Award" for China films because of its professional and academic criteria, authoritative composition of the jury and democratic rigor of the selection process.

　　Since the Golden Rooster Award was settled in Xiamen in 2019, the China Film Association and the Xiamen Municipal Government have been actively involved in the planning and preparation of the Golden Rooster Award activities based on the principle of pragmatic innovation, striving to present a Golden Rooster Award that fully demonstrates the characteristics of the times, movies and local features for the majority of filmmakers and movie audiences. China Golden Rooster and Hundred Flowers Film Festival in 2021 was co-sponsored by China Federation of Literary and Art Circles, China Film Association and Xiamen Municipal People’s Government. It was held in Xiamen from December 28 to 30, 2021 for three days.

　　From December 29th to 30th, the jury of the 34th China Golden Rooster Awards made a collective observation and final evaluation on the candidate films of this year’s Golden Rooster Awards, and judged the best awards of this year’s Golden Rooster Awards, which will be announced on the spot at the award ceremony. During the film festival, there will also be 30 large-scale activities in seven categories, including film exhibitions, forum ventures, and study symposiums in the film industry.

　　At 19:30 on December 28th, the opening ceremony of the film festival and the commendation ceremony for the nominees of the Golden Rooster Award will be held in the Straits Hall of Xiamen International Convention Center. At 19: 00 on December 30th, the Golden Rooster Awards Ceremony and the closing ceremony of the film festival will be held in Xiamen Strait Grand Theatre. At that time, about 3,000 people, including Golden Rooster judges, nominated crews, awarding guests, famous film artists, film festival guests, leaders at all levels and Xiamen citizens, will attend. Six CCTV movie channels are broadcast live simultaneously.

　　According to the Articles of Association and Selection Rules of the Golden Rooster Award for Chinese Film, the 34th Golden Rooster Award for Chinese Film will be selected: best feature film, best small and medium-budget feature film, best children’s film, special prize of the jury, best documentary/science and education film, best art film, best opera film, best foreign language film, as well as best screenwriter, best director, best director debut, best actor, best heroine and best supporting actor. Among them, the best foreign language film award was newly added this year.

　　From July 7th to the end of this year, the registration of Golden Rooster Award has received a total of 185 films, including 50 feature films, 69 medium and small budget feature films, 11 children’s films, 11 art films, 25 documentaries/science and education films, 9 opera film films and 10 foreign language films.

　　This year’s feature film unit primary selection group, composed of 25 experts, scholars and first-line creators in the film field, and the foreign language film primary selection group, composed of 6 experts, spent one month observing the 185 feature films and foreign language films that entered the competition, and after careful deliberation and discussion, 41 short-listed films were finally produced and submitted to this selection committee, including 16 feature films, 12 medium and small budget feature films, 6 children’s films and 7 foreign language films.

　　During the film festival, the related film festival activities undoubtedly attracted the most attention and concern of the audience and fans. This year’s domestic film festival mainly focuses on the "New Films" section, presenting China’s new achievements in film creation with masterpieces. At that time, several films including "Tales of Yong ‘an Town" will be shown to promote outstanding works to more audiences. The Golden Rooster International Film Festival is the earliest international film cultural exchange platform in China, which has been held for 30 consecutive times since the first Golden Rooster and Hundred Flowers Film Festival in 1992. This year’s International Film Festival will show 38 films from 35 countries and regions, including new works by newcomers from countries along the "Belt and Road", world-renowned master classics, and word-of-mouth masterpieces focusing on all aspects of the epidemic.

　　What is particularly worth mentioning is that this year’s Hong Kong Classic Film Exhibition will focus on the theme of "The Story of Hong Kong City", showing 11 Hong Kong classic films. Among them, the classic film In the Mood for Love directed by Wong Kar-wai will meet the audience in mainland China for the first time with a 4K restored IMAX version, which is also the world debut of IMAX version.

On March 20th, Geely Automobile (00175.HK) announced its financial report for 2023, and the company achieved an operating income of 179.2 billion yuan, a year-on-year increase of 21%, a record high. The net profit of returning to the mother reached 5.308 billion yuan, compared with 3.511 billion yuan after deducting the one-time bargaining acquisition income in 2022, a year-on-year increase of 51%; The net cash level increased by 46% year-on-year to RMB 28.4 billion, and the reserves were abundant and stable.

The financial report shows that Geely Automobile’s profitability has improved significantly, and the gross profit situation has improved due to product structure optimization, cost reduction and scale effect. The total gross profit has increased by 31% year-on-year to 27.4 billion yuan, and the gross profit margin has increased from 14.1% in 2022 to 15.3% in 2023.

Behind the bright financial data is the strong market growth potential of Geely Automobile. According to the data of the Federation, in 2023, the cumulative retail volume of domestic passenger cars was 21.699 million, a year-on-year increase of 5.6%. Under the background that the overall growth of the automobile industry is slowing down and the market competition is becoming increasingly fierce, Geely Automobile has exceeded its annual target of 2023, with a cumulative sales volume of 1,686,500 vehicles, up about 18% year-on-year, and its annual sales volume has reached a record high. At the same time, Geely Automobile has also become one of the few car companies that successfully completed the annual sales target.

It is worth noting that the new energy vehicle business has become a strong support for Geely’s performance growth. In 2023, the domestic new energy vehicle market still maintained a growth trend, and the cumulative wholesale sales volume of new energy passenger cars was 8.864 million, a year-on-year increase of 36.3%.

In this context, Geely Automobile’s sales of new energy vehicles still outperformed the broader market in 2023, with a year-on-year increase of 48%, a penetration rate of 29%, and a monthly penetration rate of over 40%.

Among them, the brand-new middle and high-end new energy brand "Geely Yinhe" series has rapidly brought three products, namely Yinhe L7, Yinhe L6 and Yinhe E8, to the market since it was released in February last year, forming a product layout of pure electric+hybrid electric, car +SUV in the mainstream new energy market, and achieving a cumulative sales volume of over 110,000 vehicles in nine months after listing. Since the release of the brand, Geely Galaxy has continuously strengthened its "high-value reputation", and its models are equipped with self-developed Aegis battery safety system, Raytheon hybrid, Galaxy N OS and other technological configurations, becoming the "king of volume" in the mainstream new energy market.

At present, the Krypton brand has firmly established itself in the luxury intelligent pure electric market. 2023 is a year of accelerated evolution of Krypton, and two new models have been launched, and the product matrix continues to expand. In 2023, a total of 118,700 vehicles were delivered, a year-on-year increase of 65%. As of December 31, 2023, the cumulative delivery of Extreme Krypton brand exceeded 190,000, setting a new record for the delivery speed of new forces, and its four models have become the benchmark of market segments.

In addition, the electrification transformation of the Lectra brand has also achieved good results. In 2023, Lectra brand launched a number of new energy vehicles equipped with plug-in hybrid technology, such as Lectra 09, Lectra 08 and Lectra 06. Among them, the sales volume of LEEK 08EM-P increased steadily after its listing, and it became a hot-selling product in the high-end plug-in SUV market. According to the data in December 2023, the new energy vehicles of the Lectra brand account for 55.3% of the total monthly sales, and the electrification transformation is expected in the future.

At the same time, Geely Holding Group has owned a number of listed companies, which also provides a more solid foundation and support for Geely Automobile’s future performance growth. For example, Lotus, which recently listed on the US stock market, has aroused widespread concern in the industry.

"The listing of sub-brands including Lotus has important positive significance for consolidating the core business of Geely Holding. Geely Holding and its global strategic partners have maintained continuous, stable and growing cooperation for a long time in terms of technology authorization and technology research and development services. The development of sub-brands has created a good foundation for Geely Holding’s internal collaboration and cooperation with Geely Automobile based on the principle of marketization, and also brought opportunities for revenue growth for Geely Automobile Group. " Li Donghui, CEO of Geely Holding Group, Vice Chairman and Executive Director of Geely Automobile Holdings Limited, said.

At present, the competition of electric vehicles has entered the intelligent competition in the second half. It is very important for major car companies to master the core technologies in the intelligent field and apply them on a large scale, which is also the key to win the competition.

For Geely Automobile, intelligence is also its key business area. In 2023, Geely Automobile’s strategic layout in intelligence gradually ushered in the "harvest period", and the results of "Smart Geely 2025" successively landed.

For example, in February 2023, Geely Star Smart Computing Center was officially launched, becoming a smart computing center with leading self-built equipment scale, leading comprehensive computing power, leading business coverage, leading intelligent support capability and high security level among domestic car companies. In January, 2024, Geely Xingrui AI model was officially released, leading the AI era of China automobile in full scene.

In the field of intelligent driving and intelligent cockpit, the satellite communication technology of "integration of heaven and earth" has been initially constructed. At present, two orbital surfaces have been launched and deployed, and there are 20 satellites in orbit. Geely Yinhe E8 and Kyk-krypton 007 models have taken the lead in carrying self-developed satellite communication technology. In the case of no ground network coverage or damage to the ground network, users can send and receive satellite messages through the car to realize safe travel and "never lose contact".

In addition, the Geely NOA advanced intelligent driving assistance system and the Lectra NOA intelligent driving system have been opened, and the extremely high-speed autonomous navigation assistance of NZP has been opened in 22 cities including Shanghai, Hangzhou and Guangzhou. Starting from the second quarter of this year, the city NZP will also open the first batch of users’ public beta in the national core cities.

Thanks to the core intelligent technology, Geely Automobile’s product strength has grown strongly, and in the new round of market ‘ Inner volume ’ It is expected to form differentiated competition and win the initiative. In the beginning of 2024, the domestic auto market set off a new round of "price war", and the competition was extremely fierce. Under this background, Geely Automobile broke through the tight encirclement and ushered in a "good start". From January to February, the cumulative sales volume of Geely Automobile was 324,900 vehicles, up by over 55% year-on-year, among which the sales volume of new energy vehicles was 99,300 vehicles from January to February, up by 208% year-on-year.

"In 2024, the competition in China’s automobile industry will be more intense, and the knockout round will begin in an all-round way. The industry will enter the integration period and reshuffle. Geely Automobile adheres to the basic practice of internal strength and long-term, and insists on quality first and safety first for a long time. At the same time, it gives full play to the advantages of scale, systematic efficiency and innovation ability, improves product quality and achieves cost reduction and efficiency improvement. " Yan Jiayue, CEO of Geely Automobile Group, said.

The profound technical background and constantly evolving product strength have given Geely Automobile the confidence to continue to soar. In 2024, Geely Automobile set an annual sales target of 1.9 million vehicles, up about 13% year-on-year, of which 810,000 vehicles were new energy vehicles, up more than 66% compared with the total sales achieved in 2023, and the penetration rate of new energy increased from 29% in 2023 to 42.6% in 2024.

At the product level, Geely Automobile accelerated the iteration, launched a new round of product offensive, and continued to push the brand upward. In 2024, Geely brand will push three new energy products; The lectra brand will push three brand-new new energy products, and the first new energy medium-sized car, Lectra 07 EM-P, will be launched in May. Extreme brand will push three new energy products.

Shen Wanhongyuan said in the research report that in the complicated competitive environment, only the brand is the element that can be remembered and preserved by the market. Geely, Link, and even Krypton have all proved Geely’s brand operation ability. Shen Wanhongyuan is still optimistic about the high-quality independent brand enterprises that insist on operating brands, and believes that they will eventually occupy a bigger sky after the big waves.

(This article does not constitute any investment advice, and the information disclosure content shall be subject to the company announcement. Investors operate accordingly at their own risk. )

poster；playbill

Special feature of 1905 film network　Recently, the film "Seventeen Years Old with Pain" was released. The film tells that a troubled girl who suffered from "anodynia" broke up with a gangster "boyfriend" with the help of her classmates and a new young female teacher, fell in love with the schoolmaster, escaped from her rebellious life in the past and successfully fought back. After experiencing the death of grandma, campus fire and other changes, it grew rapidly … …

Xueba crams lessons for the hostess

Do you feel deja vu? Is it very much like a movie in the past?

Let’s take a look at the plot: a girl who is deaf in half of her ear, Li Er, wants to learn bad, and meets the unruly bad girl Li Bala. Li Er likes Xu Yi, Li Bala likes Zhang Yang, and Li Bala pursues Xu Yi at Zhang Yang’s request. Later, Li Bala died suddenly and unfortunately, Xu Yi gradually degenerated, and Li Er and Zhang Yang came together and grew rapidly … …

Lear has a crush on Xu Yi.

If you say that "Left Ear" and "Seventeen Years of Pain" are both written by Rao Xueman, the similarity is normal. Then, let’s take a look at the plot of "Looking at Heaven with Trees in Summer":

Xia Mu, a teenager, suffered from autism until Shu Yawang, a 16-year-old boy with a boyfriend, appeared to help Xia Mu get out of the haze. During her college years, Yawang was sexually assaulted by Qu Weiran, a rich second generation who fell in love with her, and Xia Mu grew up rapidly after making crazy acts in despair … …

Xia Mu rode with Shu Yawang.

The key words of the above story: illness, bad study, love triangle, crime, love in any arrangement and combination. They all have the same formula, the same taste and the same "pain" youth.

"Pain is" youth

This kind of "painful" youth film must first have a protagonist suffering from an innocuous disease, and then there will be plot conflicts due to a love triangle. Finally, due to the crime and death of some characters in the play, the life and thoughts of the protagonist will have an irreversible "arc";

They all aim at the same handsome and beautiful young actors with the same warm and soft light filters, but all of them are stiff in performance, awkward in lines, bloody in plot and rough in details. Even "Seventeen Years Old Who Will Hurt" has not been released yet, and the title of the film has been greatly vomited by netizens: "You will hurt! I have medicine! "

"seventeen years old that will hurt" caused netizens to vomit collectively.

This kind of collective ridicule is only because the "youth" they describe is a false story that is exactly the same, pale and weak, and only exists in imagination. It has nothing to do with the youth that each of us really experiences.

How did the "Pain Department" youth film come from? All this should start with the youth literature that became popular more than ten years ago.

The cover of budding magazine

At that time, the mobile phone was a non-intelligent machine that could only make phone calls and send text messages, and newspapers and magazines still occupied an important position in the media. In order to get short-term entertainment outside textbooks, campus life could only read books and magazines, so youth literature and art occupied the lives of young people.

Dumbphone

Most of the audiences of these youth novels are teenagers in their teens, who are not only ignorant of the social reality, but also ignorant of the life they are experiencing, and shallow cultural products are more likely to be accepted by them.

Youth literature similar to Mary Su’s online novels became popular at first. Later, Jing M.Guo’s and Rao Xueman’s youth literature soon surpassed Mary Su’s because of "exposing scars", "excavating the dark side of growth" and appearing "profound". When "painful youth" is gradually typed, it quickly becomes a commodity for teenagers to consume.

The cover of the most novel

The covers of these youth pain literature are all boys and girls, who "look up at the sky at a 45-degree angle, or look down at the earth with their eyebrows lowered". The sentences written on the inside page are sad and melodramatic, and they can be QQ signatures of crystal girls in minutes. The content of the story is out of line for the sake of being out of line, and it hurts for the sake of pain. In a word: work.

Look up at the sky at a 45-degree angle

"Painful youth" literature and art often adopt extreme cases in campus life in order to make their works get more amazing and more "shocking" reading experience, but the real student life is cut into pieces and simplified to the maximum in the works, and the main aspects of life become elements, while the false youth imagination becomes the main body.

Mr. Lu Xun once said that he didn’t like popular literature and art in the Republic of China, because most of the themes of those works were "beautiful and precious". Getting a few beauties and digging up any treasures are actually satisfying "psychosexuality".

Mr Lu Xun

If "getting beauty and treasure" is an adult’s fantasy, then "painful youth" is a teenager’s fantasy. It successfully captures the young people’s dissatisfaction and agitation with the boring life in reality, leaving exaggerated youth stories to the young people to "fantasize", making empty and pale characters become youth myths in the eyes of boys and girls and heroic dreams against plain life.

When did the "Pain Department" youth film begin? This should start with the release of the film directed by Zhao Weishou. In 2013, "To Youth" won a high box office of 700 million yuan at a low cost. This powerful commercial success is like a shot in the arm to stimulate the film and television industry, and the subsequent "To Youth" series came one after another and became a trend.

Box office winner "To Youth"

Although "To Youth" is full of details (for example, the "civil youth" in the film seems to live the life of a literary youth), it still maintains a certain level of plot, while the subsequent youth series generally carries forward the shortcomings of "To Youth" and has undergone major changes in creative mentality. IP and traffic stars have become the king of the market, the plot has become more absurd, and the audience has become younger and younger.

Fan movie

The environment presented by the work is more and more divorced from reality, and the setting of roles and the relationship between roles are more distorted. In order to increase the capacity of the story in a shorter time, making a movie even allows the protagonist to experience life and death in just a few days. Finally, in order to be able to mass-produce, the plot is the same. After mastering a set of winning routines for youth films, the film industry began mass production of "Pain Department" youth films.

At the beginning, three roommates of the hostess were arranged to die in a car accident

Some people may ask, are all the youth films in China like this?

The answer is no, of course. Perhaps this summer’s youth film is an anomaly in recent years. It embeds the elements of American youth film such as "club", "party", "atrix" and "inspirational" into China’s youth story, weakening the love of boys and girls to be ambiguous and ignorant, and the end result of the story is the pursuit of ideals and the realization of individual values.

"Flash Girl" composed by youth and blood

These outstanding parts may bring some inspiration to the commercial road of Chinese youth films at present.

In fact, there have been many successful youth films in China, such as Jiang Wen, Wang Xiaoshuai, etc. Among them, Sunny Days is also loved by American genius quentin tarantino.

Jiang Wen’s work Sunny Days

These excellent youth films are rooted in the background of the great era, describing the restlessness of a generation of youth, even seeing the big from the small and facing social problems directly. The rapid social changes in China over the past 100 years have made it difficult for Chinese people to have a vacuum youth that can shed social reality. Generation after generation has been involved in the torrent of the times. Even the love in adolescence has the background of the changes of the times.

Wang Xiaoshuai’s works

We criticize "painful youth", but it is paradoxical that those youth films that can be engraved in the film history are often really sad and cruel, such as Sunny Days mentioned above and Japanese director Nagisa ?shima’s youth films in the 1960s. As the Italian writer mauriac said, "Do you think youth is a good thing? Youth is like a swamp in thawing. "

In 1960, the Japanese film "The Story of Youth Cruelty"

Everyone has a different life experience and may have a different understanding of youth. For the post-80s and 90s generation, they are at the peak of birth since the founding of the People’s Republic of China, and they have experienced the cruel competition and helplessness of adult society at a carefree age.

Around the college entrance examination

They were separated from their parents by the rapid development of the times, and the two generations experienced conflict, running-in and understanding; Many of them are only children, who grew up under the love and protection of their parents, and entered the society before they were young … … Facing the unbearable weight of collision reality with the unbearable lightness of youth is the collective memory of this generation and the "pain" of youth after 80′ s and 90′ s.

An indifferent father and daughter 2.

Unfortunately, the whole theater, the stage staged absurd stories, the audience broke out with disdain laughter, and the stirring youth of a generation eventually became a commodity for people to entertain, so that the song of youth, which should be romantic and wild, was abandoned in the national entertainment.