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Tencent Health Announces Medical Model, Releases Multi-Scenario AI Product Matrix

On September 8, Tencent Health announced a medical model, with a new multi-scenario AI product matrix such as intelligent Q & A, family doctor assistant, and digital intelligence medical imaging platform. The drug discovery platform "Cloud Deep" (iDrug) revealed a new protein structure prediction algorithm framework tFold.

Wu Wenda, president of Tencent Health, pointed out that the digital intelligence upgrade of medical health has changed from "first try" to "full embrace", and the application of artificial intelligence and various digital intelligence tools will accelerate the popularization; Tencent will work with partners to build a "TRUST" model, strengthen technological innovation and digital infrastructure, and promote the universal popularization of "digital intelligence medical care".

Tencent Health President Wu Wenda: Fully embrace the digital intelligence upgrade of medical health

Let the big model understand medicine better

Zheng Yefeng, an outstanding scientist at Tencent and director of Tencent Tianyan Lab, announced the development process of the medical model. Tencent’s newly released full-link self-developed hybrid model has a scale of over 100 billion parameters and over 20,000 billion tokens of pre-training corpus, with strong Chinese creation ability, logical reasoning ability in complex contexts and reliable task execution ability. With this as a base model, continue to add medical Knowledge Graph and medical literature covering 2.85 million medical entities, 12.50 million medical relationships, and covering 98% of medical knowledge, so that the big model can further master professional medical knowledge. After 30 million multi-tasking fine-tuning of Q & A dialogues covering patients, doctors, pharmaceutical companies and other scenarios and medical processes, as well as reinforcement learning of data labeled by 360,000 group of expert doctors, Tencent’s medical model is more professional and accurate in handling medical needs, while also taking into account patient care, closer to human doctors.

Tencent outstanding scientist, Tencent Tianyan laboratory director Zheng Yefeng announced the medical model R & D process

At present, Tencent’s medical model includes scenario models such as copy generation, intelligent Q & A, medical record structuring and retrieval, image reporting, and auxiliary diagnosis, which can be embedded in the whole process of medical treatment, and can achieve comprehensive improvement in medical service levels and quality in application scenarios such as department guidance, doctor recommendation, pre-consultation, doctor-patient dialogue, automatic medical record generation, and intelligent hospital customer service.

Intelligent upgrade of the whole process of medical treatment

Wu Zhigang, general manager of Tencent Health User Platform, introduced that relying on the medical Knowledge Graph and medical model, AI guided and assisted medical applications have been fully upgraded, including medical intelligent question and answer, digital human medical assistant, intelligent free consultation, automatic medical record generation, AI rational drug use, intelligent follow-up management, patient whole process management and other applications, to provide more accurate assistance for the whole process of medical decision-making, and to help patients experience medical treatment and improve the efficiency and quality of clinicians and pharmacists.

In addition to medical intelligent Q & A, the application in the pre-diagnosis stage has also upgraded the digital human medical assistant, which can provide 7 * 24h intelligent customer service and professional popular science services; in the diagnosis center section, the ability to learn million-level doctor-patient dialogue and more than 3,000 disease deduction and analysis based on large models has been upgraded. Applications such as auxiliary consultation with stronger simulation of free dialogue authenticity, automatic generation of medical records that more conforms to writing specifications, and aided diagnosis an treatment that can give interpretable basis have been upgraded; in the post-diagnosis stage, the new model of artificial intelligence + Internet medical treatment has upgraded intelligent follow-up management and patient whole-process management.

At present, Shanghai Renji Hospital has taken the lead in using the Tencent medical model, focusing on Internet hospital senior-friendly services, to create a highly personified virtual digital image "Xiaowei Nurse" to provide warmer and more convenient medical services for elderly patients.

Multi-scenario driving the popularity of AI applications

In terms of AI-driven drug discovery, Tencent’s "iDrug" platform has the ability to accelerate the discovery of both small and large molecule drugs. According to Liu Wei, head of Tencent AIDD technology, in the field of protein structure prediction, the "cloud deep" (iDrug) platform has developed a new algorithm framework tFold, which has been proven by international protein structure prediction and evaluation platforms for many times; in the prediction of ADMET properties of drugs, 70 + ADMET properties have been developed and launched, and it can surpass mainstream software through data training such as combining physical characteristics and drug company cooperation. Two skeleton transition molecular generation algorithms have been developed to find nM-level lead compounds, which have been effectively proven in 3-4 projects. At the same time, reinforcement learning technology has been introduced to achieve 97% of the generated molecules in the generation of drug small molecules.

In terms of supporting grassroots service capacity enhancement, Tencent Health also released a new family doctor assistant. Wang Qianyi, general manager of Tencent Health Strategy and Medical Products, pointed out that the use of WeChat and WeCom to connect the communication channels between doctors and patients, as well as the help of medical models, will provide doctors with more intelligent signing, consultation, follow-up, and education capabilities. Based on the capabilities of medical models, family doctor assistants can be transformed into "grassroots AI know-it-all" to provide residents with fine health management.

In terms of medical imaging research and application, Tencent Miying has fully upgraded its digital medical imaging platform, focusing on digital medical imaging cloud applications, scientific research and management. At the same time, it is equipped with artificial intelligence analysis capabilities to provide integrated medical imaging solutions for production, learning, research and management. It provides comprehensive support in the field of medical imaging for medical institutions, scientific research institutions and science and technology innovation enterprises. The platform will also further open more than 20 AI engines developed by Tencent to help scientific research institutions independently develop and train AI models.

Constructing the "TRUST" Model of Digital Intelligence Healthcare

At present, Tencent Health Mini Program has connected more than 3,000 registered public hospitals, more than 5,000 physical examination institutions, and vaccine services in more than 200 cities; medical insurance electronic vouchers cover more than 800,000 institutions and more than 20,000 hospitals; WeChat channel electronic health card users exceed 600 million, access to more than 5,000 hospitals. Tencent Health further strengthens the connection between users and medical services.

Wu Wenda, president of Tencent Health, pointed out that in terms of technological innovation, Tencent Health continues to invest in medical AI-related technology research, accumulating more than 1,000 patents, and accelerating the transformation of cutting-edge technologies into medical scenarios; at the same time, Tencent’s accumulation of digital infrastructure such as computing power supply, data storage, and security protection will provide a reliable underlying guarantee for the medical industry; in addition, with the help of WeChat, Tencent conferences and other extensive user capabilities, artificial intelligence applications can widely help medical inclusion; to this end, Tencent Health will further promote its own capabilities, technology and product openness, and build a digital medical standard consistent with the industry to create a replicable innovation benchmark.

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Is online car-hailing already a sunset industry？ Drivers say they don’t expect to make money by running online car-hailing, but rely on private work

　　At 7:10 a.m. last Friday, as passengers got off the bus and closed the door with a "snap" sound, Master Wang, the driver of Cao Cao Travel Network at the entrance of Beijing Maternity Hospital, completed the third business of the day. The payment price displayed on the passenger side was 37.11 yuan, while the income price displayed on the driver side of Master Wang was less than 28 yuan.

　　"This [online car-booking] doesn’t make money, it has to run for 14 hours a day, which is considered a pit. There is not much left after throwing away the gas money and car money (running water) in one day. Unless the oil price drops to 5 or 6 yuan [per liter] before, I will not do it after running this year’s contract." Master Wang complained to the Daily Economic News reporter. "The Hyundai Yuedong I drive is rented, and I have to pay 200 yuan a day for car rental."

　　In addition, Master Wang sometimes uses another mobile phone to receive orders from Feidi Taxi, but he will turn off Feidi Taxi during morning and evening peak hours. He said that the "one price" model launched by Feidi Taxi during morning and evening peak hours often has a discount of 60 to 10%, and the time spent waiting for red lights and traffic jams is not included in the order time, so it is completely unprofitable to take such orders by yourself.

　　In the online car-hailing industry, some drivers call it a sunset industry, but there are more and more online car-hailing platform companies in the industry, and the competition landscape of the top platforms is also undergoing subtle changes. This not only makes people ask, what business experience does the online car-hailing industry, which is still expanding rapidly, let the platforms see?

　　"It’s already a sunset industry"

　　Mr. Du, who is also a driver of Cao Cao’s travel platform, rents a Buick GL8, which is used to run business orders and needs to pay a monthly rental fee of 7,300 yuan.

　　However, Master Du revealed to reporters: "This [online car-hailing] is already a sunset industry. When it first started, it was impossible to earn a Passat by swiping orders, cheating recharge, and cheating subsidies for three months. When I rented this GL8, I didn’t point to running online car-hailing to make money at all, but by running private work with friends (business reception). In Beijing (including a GL8), the minimum is 500 (yuan) within 8 hours and 100 kilometers…"

　　"Under normal circumstances, in ******* every year, except for the ****** Festival and before the national **, there are various meetings in succession at other times, and the chartered work has also been continuous. When we are busy, we can connect 24 hours a day (when business charters, in addition to picking up and dropping **f passengers, drivers can rest at other times). This year, ******* is affected by **, and there will be basically no meetings after **. Our WeChat group ** people (contacting each other and introducing chartered business) has only had a message for several days recently." Master Du said.

　　In fact, online car-hailing platforms will not let drivers "only rent a car without taking orders". They will incentivize drivers to take orders by controlling the commission ratio. "If the monthly flow is 12,000 yuan, the platform will charge 10% [commission]; if it is not 12,000 yuan, the platform will charge 20% [commission]; if it does not run, the platform will often call [to inquire about the reason for not being able to get the car]," said Master Du. Therefore, Master Du sometimes downshifts and uses his business car to pick up comfort orders, which are about 30% cheaper than his normal business orders.

　　Some people argue that the "sunset industry" and "running online car-hailing" claims mentioned by drivers need to be viewed objectively. The hidden background of these two claims is that in the early stage of the development of the online car-hailing market, the platform expanded the market "regardless of cost". Drivers reaped a large wave of "blue ocean dividends". At that time, most of the drivers who made money had left the online car-hailing market for many years.

　　Nowadays, the user scale of the online car-hailing market has peaked, and the appearance of the edge of the industry has made it difficult for the platform to "spend money lavishly" as before. Moreover, the travel demand caused by the superimposed epidemic is blocked, and the income of online car-hailing drivers will naturally be "low".

　　The business experience of the online car-hailing platform "Yimanli"

　　In sharp contrast to the complaints of drivers, operating the online car-hailing business is undoubtedly a "lucrative" business for the platform, especially the car rental model.

　　The reporter learned from the Beijing Modern dealer that when ordinary consumers buy the above Yuedong models, the landing price can reach 83,000 yuan (including car price, insurance fee, purchase tax, license fee, and outbound fee). When the online car-hailing platform or its online car-hailing franchisees purchase the model in bulk, the landing price will be lower. Therefore, the online car-hailing platform or its franchisees as the lessor can fully recover the purchase cost by renting a car within 2 years.

　　On the other hand, behind a number of online car-hailing platforms, there are also car companies participating in the holding, behind Cao Cao Travel, there are Geely Automobile, behind T3 Travel, there are China FAW, Changan Automobile, Dongfeng Automobile, and behind Endao Travel, there is SAIC Group, such as the strategic investment of GAC Group.

　　The above-mentioned online car-hailing platforms have more advantages in terms of vehicle source guarantee and cost control. In addition, purchasing the backlog of inventory cars from car companies and dealers is also an effective way for the platform to reduce costs. In the car rental model, before the platform and franchisees recover the cost of car purchase, the order commission is their "pure profit"; after recovering the cost of car purchase, the car rental income will also become their "pure profit".

　　Perhaps seeing the business experience of "one million profits", more and more companies are flocking to the online car-hailing market. Statistics from the national online car-hailing regulatory information exchange platform show that in March this year, 4 new online car-hailing platform companies were added nationwide, 3 in February, 2 in January, and 44 in the whole of last year. As of the end of March, 267 online car-hailing platform companies have obtained the operating license of the online car-hailing platform. In addition, the number of online car-hailing platforms with orders exceeding 300,000 orders in March increased by 2, namely Toutuo E-line and Fengyun Travel.

　　It is worth mentioning that the current "one super and many strong" pattern of the online car-hailing market is undergoing subtle changes, and the second-tier players, including Cao Cao Travel and T3 Travel, are continuing to make efforts to share more market share.

　　Cao Cao travel CEO Gong Xin recently revealed at the company’s new business line conference that the cumulative number of users of Cao Cao travel has exceeded 120 million from the 60 million in July last year; the research report issued by Guotai Junan (601211.SH) also shows that the market share of T3 travel has increased rapidly from 3.1% in July last year to 11.6% in January this year, an increase of up to 8.5%.

　　For the future market size of online car-hailing, Caution Consulting expects that the online car-hailing market in our country will reach a transaction scale of 700 billion yuan in 2025, which will increase by 53.4% compared with the transaction scale of 326 billion yuan in 2022. Obviously, the rapidly developing online car-hailing industry is not a sunset industry, but the game of leading players will make the competition in the industry more intense.

　　Reporter | Cui Zhiming, Editor | Sun Lei, He Xiaotao, Yi Qijiang, Proofreading | Wang Yuelong

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Illegal handling of rental cars, registration of car purchases… These six new measures for public security traffic control will be implemented from September 20

　　CCTV News:Now that people go out to play, more and more people choose to rent cars for self-guided tours, and new situations have also emerged. After a traffic violation occurs during the process of renting a car, it is more troublesome to deal with it because the chartered driver has left the place where the incident occurred. The Ministry of Public Security will introduce six new traffic control measures from tomorrow (September 20), which will effectively solve this problem.

　　According to statistics, there are more than 20,000 car rental enterprises in our country, because most of the drivers are not in the place of illegal behavior, nor in the place of motor vehicle registration, it is often difficult to deal with traffic violations according to the current procedures.

　　Chen Dong, Deputy Director of the Legal Department of the Traffic Administration of the Ministry of Public Security:According to the original treatment method, the lessee driver needs to go to the place where the traffic violation occurred, or the traffic management department of the place where the motor vehicle is registered to deal with the violation, and during the processing process, the driver’s license of the rental car needs to be presented.

　　In order to facilitate rental drivers and rental companies to deal with rental car traffic violations in a timely manner and reduce unnecessary travel and time costs, the Ministry of Public Security has specially formulated the "Measures for Penalties for Road Traffic Safety Violations During Motor Vehicle Rental". For rental car traffic violations recorded by traffic technology monitoring, the lessee is allowed to handle them by himself through the traffic control "12123" mobile APP; when the lessee driver handles the violation at the place of violation or at the window of the traffic control department where the motor vehicle is registered, he is no longer required to provide the rental car driving license, but instead the public security traffic control information system automatically checks the rental relationship. This measure will benefit more than 3 million lessee drivers every year.

　　Chen Dong, Deputy Director of the Legal Department of the Traffic Administration of the Ministry of Public Security:According to the lease contract information provided by the leasing company, there will be the driver’s license number of the chartered driver. We will automatically match the leasing relationship between the chartered driver and the leased car according to the driver’s license number, and automatically record this leasing relationship to the platform of the "12123" mobile APP, and also to the traffic violation processing window. In this case, we will check the leasing relationship through the system, and there is no need for the chartered driver to add other work to the mobile APP or the traffic processing window.

　　In response to traffic violations that the chartered driver fails to deal with in a timely manner, upon the application of the leasing enterprise, the public security traffic control department can transfer the illegal records to the chartered driver’s name and promptly inform the chartered driver through the contact information confirmed in the lease contract.

　　It is understood that this new measure will be piloted in Jiangsu and Sichuan from tomorrow and will be rolled out nationwide before the end of the year.

　　Purchase a car license at one stop inspection and audit preprocessing

　　From tomorrow (September 20), the express agency of vehicle registration and sales enterprises and a number of measures to facilitate the processing of temporary entry vehicles and personnel licenses will also be implemented simultaneously.

　　Promote the express agency registration of motor vehicle sales enterprises

　　For car owners, after buying a car, they should bring relevant materials, go to the vehicle management department to get the number, queue up, go through the formalities, and get the license plate. The whole process will be gone for most of the day. The Ministry of Public Security will implement the express agency registration of motor vehicle sales enterprises, and complete this series of "errands" before the owner buys the car. After the motor vehicle arrives at the sales enterprise, the vehicle pre-inspection, data pre-review, and information pre-entry will be implemented. The motor vehicle sales enterprise will provide the whole process of vehicle purchase, insurance purchase, tax payment, number selection registration, etc. In this way, the masses can complete the whole process of car purchase registration in the motor vehicle sales enterprise.

　　Deputy Inspector of the Traffic Administration of the Ministry of Public Security, Liu Yupeng:In fact, the DMV had already completed the basic information of the car and the search work. After the public went to the 4S shop and bought the car, he only needed to enter his personal information, and then all the process of selecting the number and applying for the license plate was completed. After the selection was completed, he could drive home with the temporary number plate, and then mail the official number plate to his home.

　　From tomorrow onwards, this measure will take the lead in large and medium-sized cities such as municipalities directly under the Central Government, provincial capitals, autonomous region capitals, and cities under separate state planning, and will be fully implemented across the country before the end of the year. It will benefit more than 15 million car owners every year and save at least 200 million yuan in transportation costs.

　　Temporary Entry Vehicle Permits are convenient

　　In order to further facilitate the entry and driving of foreign personnel, the Ministry of Public Security has also launched a number of measures to facilitate the travel of temporary entry vehicle personnel. First, for those who apply for temporary driving permits for small cars and motorcycles, they can directly apply with their entry and exit ID documents, overseas driver’s licenses and their Chinese translations. There is no need to undergo physical condition checks or submit physical condition certificates.

　　For short-term stays, you can apply for a temporary driving permit with a valid period of 3 months; if you stop or stay for more than 3 months, the valid period can be extended to 1 year.

　　Wang Guoqiang, deputy researcher of the Vehicle Management Department of the Traffic Administration of the Ministry of Public Security:The original valid period, is the longest not more than three months, this is extended to the longest not more than one year, and the entry of the entry period is consistent, while the valid period can be used multiple entries, do not need to repeat the application.

　　For non-operating small and micro passenger cars and motorcycles with less than 7 seats (excluding) registered overseas within 6 years, the application for a temporary entry motor vehicle license is exempt from safety technical inspection.

　　Wang Guoqiang, deputy researcher of the Vehicle Management Department of the Traffic Administration of the Ministry of Public Security:In addition, we will also guide local traffic control departments to set up traffic control service windows and service stations at airports and ports where entry personnel are relatively concentrated, as well as in our free trade experimental zones, so that entry personnel can handle it nearby and conveniently after entry.

　　It is understood that these traffic control service stations will provide one-stop services such as compulsory insurance purchasing, vehicle confirmation, certificate verification, learning and education, and license issuance.

　　Promote the online transfer of transfer information for passenger cars

　　Nowadays, it is more and more convenient to do things online. The new measures implemented by the Ministry of Public Security starting tomorrow also include a number of Internet-related services. Let’s take a look.

　　Fully promote the online transfer of transfer information for passenger cars

　　From tomorrow, the number of cities where passenger car transfer information is transmitted online will increase from the existing 120 to 300, and it will be fully implemented nationwide by the end of the year. That is to say, those who do not operate passenger cars to transfer nationality in different places can directly apply to the place where the vehicle is moved, and there is no need to go to the DMV to pick up and check the car, reducing the number of people traveling between the two places.

　　Fully implement online full-score education and verification education

　　It is understood that in the original scoring cycle, drivers who had their driver’s license scored 12 points and needed to participate in full-score education, as well as drivers of large and medium-sized vans who had points deducted during the scoring cycle and needed to participate in the verification education, must all go to the scene to learn. This method will gradually become participating in online education and learning in the future.

　　Liu Chunyu, Deputy Director of the Publicity and Education Department of the Transportation Administration of the Ministry of Public Security:The learning process will also be captured from time to time to ensure that the driver is always learning online. For drivers who learn through the Internet, we will try our best to pass the supervision and random checks in the background to ensure that the driver is learning. During this process, if it is found that it is a substitute or test taker, the driver and the substitute test taker will be blacklisted, and there will be some punitive measures to restrict him from receiving full marks and examination education through online means for three years.

　　Fully implement online navigation prompts for traffic accidents

　　In addition, the traffic control department will also promote cooperation with Internet map navigation application companies to strengthen the timely warning and push of service information.

　　Wang Bingbing, Deputy Director of the Accident Countermeasures Department of the Traffic Administration of the Ministry of Public Security:Our next step is to push information such as road construction, traffic accidents, and traffic control, as well as information on the points where accidents occurred before, to drivers in a timely manner through navigation software. (CCTV reporter, Li Jun)

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Huang Jianxiang on ＂China Star Jump＂： Sports is the most authentic reality show

　　Xinhuanet, Beijing, April 12 (Reporter Zhou Xin) Last weekend, two diving star reality shows were broadcast on local satellite TV one after another, which also caused heated discussions. Huang Jianxiang, who hosted Zhejiang Satellite TV’s "China Star Jump", said, "The reality show of diving stars we are now conducting is to convey a message to the audience: diving is a project that can lower the technical threshold and people of different ages and physical conditions can play. As long as you participate in it, there will be progress and gains."


　　After covering many sporting events, Huang Jianxiang has been wondering for many years: what is sports, what is game, and why do English-speaking people always like to say "it’s a game"? According to Baidu search, the explanation of sport is "sports", which can be extended to "entertainment, recreation, game". Game is "competition, game, competition". Both are entertainment and games. But in the past, sports have always appeared on Chinese TV screens with the serious face of "pursuing higher and faster". This time, by hosting "China Star Jump", Huang Jianxiang has a new insight.


　　"Sports is fun, it’s a process of constantly improving yourself compared to yourself. Jumping rope, throwing sandbags, fishing, climbing mountains, swimming, track and field, playing ball are all fun, and it’s all sports. Participating in sports itself is a thing that makes people feel happy." Huang Jianxiang said that the emergence of sports-element variety shows like diving reality shows is a natural thing, which makes the original content increasingly homogeneous TV shows a new bright spot.


　　"Judging from the development trend of international reality TV shows, most of them start with singing and dancing and other talent shows, and slowly transition to skills, and finally to sports, and it is a diving event that Chinese people are good at. This makes me very happy as a sports media person," Huang Jianxiang said. "I don’t want to turn on the TV and there will be an overwhelming number of movies and TV dramas, singing, dancing, blind dates… It seems that only people who engage in literature and art can have dreams. Sports are also dreams. Even if they are not professional athletes, the pursuit of sports by ordinary people is also worthy of respect."


　　In fact, sports itself is the most authentic reality show. There are rules, no director, no script, and you can’t do it all over again. No one knows what will happen in the next second and what the result will be. This is the most touching part of sports. Huang Jianxiang’s most profound memory is the commentary of the men’s double 3m board final at the 2004 Athens Olympics. "No one expected that a spoiler would suddenly burst out of the audience, and no one expected that the Chinese team that was far ahead would score zero points in the final jump, resulting in the gold medal being dropped. All this makes me feel that every game is the most authentic live reality show."


　　"China Star Jump", which began broadcasting on April 6, and then "Star Diving Cube" by Jiangsu Satellite TV, have triggered various heated discussions, including some negative remarks, such as celebrities fighting for their lives and making a fool of themselves… Huang Jianxiang believes that the current reality show of diving stars only hopes to convey a message to the audience: diving can lower the technical threshold, and people of different ages and physical conditions can participate in it.


　　"Diving is an extreme skill sport that must be trained and completed under the guidance of a professional coach. Safety measures must come first. No one will work hard for fun, and so do celebrities. They are very serious when training, and they pay more attention when they are officially recording the program, which inspires the competitive and crazy side of their personality." After watching a lot of star training, Huang Jianxiang did not agree with the star’s statement: "Celebrities are also ordinary people, and they have to’start from scratch ‘in their fields that they are not good at, which can relieve the mystery and alienation of many people about sports. Sports is not’you can only win, you can’t lose’, and there are not various restrictions. Sports are open to everyone."


　　"We want sports variety shows like’Star Jump ‘to convey positive energy – as long as you participate in sports, you can have fun and enjoy it. Of course, different people can find different sports that suit them, and it’s not necessarily all diving," Huang Jianxiang said.

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Geely Galaxy L6 is listed, refreshing the value standard of A-class sedan

China Economic News Network (Liu Chenxi)On September 16, Geely Galaxy L6 was officially launched, launching 60km pure electric battery life AIR version, PLUS version and 125km pure electric battery life PLUS version, MAX version and starship version, a total of five models, the national unified retail price is 115,800~ 1 49,800 yuan, will also enjoy seven car purchase gifts. AsGeelyA blockbuster strategic model that practices the concept of "building an intelligent boutique car for everyone", Geely Galaxy L6 comes standard with four "firsts": Acupuncture is only the entry standard, the proportion of thermoformed steel in the whole vehicle far exceeds the same level, safety first! 1.5TD Raytheon hybrid engine, the world’s first in mass production thermal efficiency! 247 km/h fastest car is far ahead, performance first! Xingrui Smart Computing Center, the first in China’s manufacturing computing power! ItsforAThe premium sedan market sets new benchmarks in safety, performance, energy efficiency, comfort, and intelligence,Is currently15The smartest boutique in the 10,000-class sedan market.

In terms of security that new energy users are most concerned about, Geely Galaxy L6 does not do "test-oriented" security, but ratherProtect the vehicle indiscriminatelyEvery passengerSafety. ItsThe Aegis battery safety system installed has successfully passed all-round, no dead ends,Safety far beyond the national standardTest.includeThe most difficult and demanding battery acupuncture test in the industry,Battery pack seawater corrosion immersion test,Three-sided drop whack test,External fireTest.Positive and negative bottom scraping test,120 ℃The limit temperature difference test, etc.averageTo achieve no smoke, no fire, no leakage, no explosion, the battery safety far exceeds the same level.

　

Image 1 Source, Geely Galaxy L6

　

New energy vehicle safety should not only focus on batteries, but also on vehicle safety. It is understood that Geely GalaxyL6With the high safety afforded by the e-CMA intelligent electric hybrid native architecture that far exceeds the same level, the vehicle body is made of 72% high-strength steel.Exceeding a number of similar products.

In terms of formaldehyde volatiles, according to the test report of China Automotive Research, Geely GalaxyL6After experiencing40 ℃High temperature exposure2After an hour, the amount of formaldehyde evaporated in the car was only per cubic meter0.05G, much lower than the national standard per cubic meter0.08 g…

In terms of energy saving and performance, Geely Galaxy L6 has also achieved the industry-leading level. Empowered by the new generation Raytheon Electric Hybrid 8848, Geely Galaxy L6 has the longest comprehensive battery life of the same class under WLTC conditions of 1370km. According to recent measured data, its fuel consumption for 100 kilometers of power loss is only 3.61L, and it only takes 6.3s to accelerate 100 kilometers. The top speed is a record of 247km/h "the fastest electric hybrid car".

Compared with the 1.5L self-priming engine and single-speed transmission generally equipped in the same class of cars, the 1.5TD Raytheon electric hybrid engine standard in the Geely Galaxy L6 series has a thermal efficiency of up to 44.26%, and is equipped with a 3-speed variable frequency electric drive DHT Pro.Ensure that the vehicle does not stall at full speedFar ahead of the single-speed transmissionFuel economy and high power performance…

In addition, the native 29100N · m/deg torsional stiffness of the e-CMA intelligent hyperelectric architecture, as well as the combination of front McPherson and rear four-bar independent suspension, allowed Geely Galaxy L6 to achieve a speed of 80km/h in the wetland elk test, far exceeding its class.

　

Image 2 Source: Galaxy L6

　

The Geely Galaxy L6 is also comfortableNew standards in cockpitThe whole series is equipped with the only "marshmallow seat" in the same class as standard. The seat cushion is filled with a 15mm comfort sponge, the backrest is filled with a 20mm memory sponge, and the rear seats are also filled with a 270 ° wrapping soft touch +30° back tilt angle design, andlargest in the same class1000MmRear legroom, bringThe main driver is supported enough, the co-driver is soft enough, and the rear sofa offers a differentiated and comfortable experience.

In terms of intelligent experience, Geely Galaxy L6 has become a new generation of AI intelligent benchmark with the combination of intelligent cockpit and AI large model. The whole series comes standard with the strongest Qualcomm 8155 chip of the same level, supplemented by the advanced computing power of Geely Star Smart Computing Center, the Galaxy N OS intelligent operating system not only has a silkier touch, but also can realize visible speech, voice second response, and a richer software ecosystem. Geely’s self-developed map navigation, happy digestion music and other 42 commonly used apps and Mini Programs are all standard. With the help of the artificial intelligence model, Geely Galaxy L6 is also equipped with the first generative AI product in the automotive industry – Wow wallpaper, as well as AI voice interaction, AI music MV, AI children’s picture book, AI voice interaction outside the car, etc., allowing users to achieve seamless interaction inside and outside the car.

What’s more worth looking forward to is that the two versions of Geely Galaxy L6 Starship and MAX will push the "Galaxy Butler Sentinel Mode" to users through OTA at the end of the year, which can realize 24-hour 360 ° real-time monitoring of vehicles in the parking state, and push reminders to users when necessary.

　

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Ele.me pushes new gameplay for free, and the merchant’s business ushers in a new opportunity of ＂jumping＂

　　Consumer trends are constantly changing. How can catering businesses create a new springboard for business?

　　After this summer’s "Ele.me Free Order" event, Ele.me has refreshed the winter free order event again after more than three months.

　　On December 18th, Ele.me announced that from now until December 24th, it will officially launch the "Jump and Win Free Order" activity: the winter "Jump and Win Free Order" is upgraded from the summer "Guessing Answers Free Order". In terms of gameplay, "Jump and Win Free Order" is more direct than "Guessing Answers Free Order". Users can win free orders as long as they operate accurately and grasp the rhythm of the game.

　　It is reported that more than 20 well-known brand merchants have participated in the Ele.me free-order special event. Among them, many brands including 1 Dian Dian have further "turned" into title merchants, and the degree of brand participation has deepened again. At the same time, the exclusive exposure rights and business growth obtained by title brands have also expanded from the past special venues to the entire Ele.me domain and beyond, bringing new opportunities for many brands to "take off" in winter business.

　　01. The new gameplay is more interesting and direct

　　According to the rules of the game, from 10 o’clock every day, users only need to search for "free order" on the Ele.me App to participate in the jumping game. During the event, Ele.me free coupons are issued in limited quantities every day, on a first-come, first-served basis. When you jump to the 9th, 19th, and 39th squares, you have the opportunity to win the corresponding amount of free coupons. Each person can get up to 9 yuan, 19 yuan, and 39 yuan free coupons each day.

　　From the rules, each user can get up to 3 game opportunities per day, but if the opportunities are exhausted, they can also get additional game times by completing tasks such as browsing, placing orders, subscribing, answering questions, and assisting. It is worth mentioning that after the challenge fails, users can also get resurrection opportunities through the exchange of foodie beans, etc., up to 1 resurrection per day.

　　It is understood that once the event was launched, it attracted the interest of a large number of young users. According to public reports, a total of 300,000 free coupons were issued on the first day. The event started only 1 hour ago, and 60,000 consumers have received free coupons.

　　Judging from social platforms such as Weibo and Xiaohongshu, there are many "loyal fans" of Ele.me free-order activities.

　　Ran Ran, a consumer born in the 1990s, said that this was the third time he had participated in the Ele.me free order, and he was an old fan. "Since last summer, he has participated in the Ele.me guessing answer free order, and he has obtained six free orders. I have been looking forward to the free order activity this winter for a long time, and I have already obtained a 19 yuan free order coupon." Ran Ran said.

　　02. The topic trendiness brings the order peak growth

　　In fact, Ele.me free of charge as a platform activity IP has been deeply rooted in the hearts of the people.

　　The free-order gameplay of Ele.me can be traced back to last summer. In the environment of declining consumption, how not to increase the investment burden of merchants, but also to drive merchants to leverage traffic dividends to promote business recovery on the merchant side, is the background of Ele.me’s launch of "free-order" activities.

　　The data provided by Ele.me shows that this summer’s Ele.me free-order activity has more than 40 million people participating in Ele.me free-order answering questions. At the same time, more than 1.50 million merchants participated in the free-order activity, which is 2.5 times that of last year. In the Ele.me free-order special activity, the brand ushered in the concentrated outbreak of takeaway orders, and some brands harvested more than 200% growth in turnover.

　　Some merchants said that Ele.me’s activities have solved the current dilemma of catering enterprises to a certain extent. The current consumption environment is weak, and the competition pressure of catering brands is high. Through Ele.me’s free-order activities, more exposure has been added to catering enterprises. It can be said that enterprises have truly felt the benefits of "small activities" and "big profits".

　　It is understood that in this winter’s Ele.me free-order event, while merchants provide exclusive free-order places to benefit consumers, Ele.me free-order special has also become a new "lever" in brand marketing activities, driving the overall business of the brand to grow significantly.

　　For example, in the case of cooling down on Monday, December 18 and snow in many places across the country, the national performance of the Ele.me platform at 1 o’clock increased by more than 20%.

　　Located in Beijing’s Daxing District, the staff of 1 Dian Dian store said that the number of takeaway orders ushered in explosive growth on the day of Ele.me free order, and the store’s takeaway prompt tone "Ele.me has a new order" has not stopped. The staff in our store basically do not stop, and cups of milk tea have been taken away by the takeaway brother one after another.

　　03. A "new springboard" for food delivery business growth

　　From this upgrade of the new free-order gameplay of Ele.me, while considering the needs of consumers, Ele.me has also fully considered how to better expose merchants, plant grass, and promote transformation, so as to help merchants grow through a multi-pronged approach.

　　It can be seen from the current online netizens posting pictures that in addition to the title position of the Ele.me free-order activity, the game page also brings diverse and full exposure to the merchants through the design icons tailor-made for the merchants and the special project red envelope coupons after the task is achieved.

　　For example, by browsing the 1-point store and placing an order at 1-point can also bring more game opportunities to consumers. As a popular IP activity with a full mind, Ele.me free order, on the day the new gameplay was launched, it drove "1-point" merchants to rush to the hot search together, bringing in addition to Ele.me in-app, a wider range of users and consumers’ attention.

　　"We hope to bring the joy of free shopping to more users through easier gameplay and more participation opportunities," said the Ele.me free shopping project team. "By deeply binding with brand merchants to carry out gameplay and marketing innovation, we hope to continue to expand the extension of free shopping IP, bringing the possibility of new growth for brand merchants."

　　It can be seen that the Ele.me free-order activity is not only a signature label of Ele.me, but also the "free-order" topic trendiness of Ele.me. Since the launch of the Ele.me free-order activity last summer, the Weibo entry "Ele.me free-order" topic shows that the cumulative reading volume has reached 8.76 billion, the discussion volume has 2.334 million, and the activity volume has 5.182 million.

　　Some industry experts say that through the Ele.me free-order event, merchants have a more obvious perception of the traffic conversion of new products, explosive products, and main products. In the brand free-order special event, Ele.me does joint marketing and promotion with brands, which not only boosts the confidence of merchants in their own platform management, but also has a positive impact on building brand market awareness.

Author: Red Food Network Hong Jun

Note: This article belongs to the catering industry information published on the Central Broadcasting Network. The content of the article does not represent the views of this website and is for reference only.

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Detailed explanation of the four major highlights of Hongmeng OS! Huawei’s ambition is not just mobile phones, but ＂unified rivers and lakes＂

　　At the Huawei Developers Conference, held today in Songshan Lake, Dongguan, Huawei’s consumer business officially launched its new microkernel-based distributed operating system for all scenarios – Hongmeng OS.

　　Yu Chengdong, CEO of Huawei’s consumer business, said in the main speech that in the traditional model of the past, the emergence of each new form of end point will be accompanied by the birth of new operating systems. "Whether it is in the PC era, the mobile Internet era, or the Internet of Things era that 5G is about to give birth to, different eras will give birth to different operating systems." Therefore, in the face of the upcoming era of full-scene intelligence, "there should also be corresponding operating systems." Yu Chengdong said bluntly: "With the advent of the era of full-scene wisdom, Huawei believes that it is necessary to further enhance the cross-platform capability of the operating system, including the ability to support full-scene, across multiple devices and platforms, and the ability to deal with low-latency and high-security challenges. Therefore, the embryonic form of Hongmeng OS has gradually formed. It can be said that the starting point of Hongmeng OS is different from Android and iOS. It is a brand-new microkernel-based distributed operating system for all scenes, which can meet the requirements of smooth experience of all scenes, architecture-level trusted security, seamless collaboration across end points, and multi-end point deployment at one time. Hongmeng should be born in the future."

　　According to him, as early as ten years ago, Huawei began to lay out Hongmeng OS, and now with the continuous improvement of Huawei’s full-scene smart life strategy, Hongmeng OS will be the product of Huawei to meet the arrival of the full-scene experience era, play its lightweight, small and powerful advantages, take the lead in applying smart watches, smart screens, in-vehicle equipment, smart speakers and other intelligent end points, and strive to build a cross-end point integration sharing ecosystem, reshape a safe and reliable operating environment, and create a new experience for consumers.

　　Four highlights of Hongmeng OS

　　According to Yu Chengdong, the original intention of Hongmeng OS is to meet the high-standard connection requirements of full-scene intelligent experience, and Huawei has proposed a system solution with four major characteristics for this purpose.

　　1. Distributed architecture for the first time for end point OS, enabling seamless collaborative experience across end points

　　Hongmeng OS "distributed OS architecture" and "distributed soft bus technology" through the public communication platform, distributed data management, distributed scheduling capabilities and virtual peripherals four capabilities, the corresponding distributed application of the underlying technology implementation difficulty of application developers shield, so that developers can focus on their own business logic, like the development of the same end point to develop cross-end point distributed applications, but also enable end consumers to enjoy a strong cross-end point business collaboration capabilities for the use of scenarios to bring a seamless experience.

　　2. Determine the natural fluency of the delay engine and high-performance IPC technology implementation system

　　Hongmeng OS solves the problem of insufficient performance of existing systems by using two technologies: determined delay engine and high-performance IPC. Determined delay engine can allocate task execution priority and time limit in the system before task execution. High-priority task resources will be prioritized to ensure scheduling, and application response delay will be reduced by 25.7%. The small structure of Hongmeng microkernel greatly improves the performance of IPC (inter-process communication), and the process communication efficiency is 5 times higher than that of existing systems.

　　3. Reshape end point device trusted security based on microkernel architecture

　　Hongmeng OS adopts a new microkernel design, which has stronger security features and low latency. The basic idea of microkernel design is to simplify the kernel function, implement as many system services as possible in user mode outside the kernel, and add mutual security protection. Microkernels only provide the most basic services, such as multi-process scheduling and multi-process communication.

　　Hongmeng OS applies microkernel technology to Trusted Execution Environment (TEE) to reinvent trusted security through formal methods. Formal methods are effective means to use mathematical methods to verify that the system is correct and free of vulnerabilities from the source. Traditional verification methods such as function verification and simulated attacks can only be verified in selected limited scenarios, while formal methods can verify all software running paths through data models. Hongmeng OS applies formal methods to end point TEE for the first time, which significantly improves the security level. At the same time, because the code volume of Hongmeng microOS kernel is only one thousandth of that of Linux macro kernel, its probability of being attacked is also greatly reduced.

　　4. Support one development, multi-terminal deployment through unified IDE to achieve cross-end point ecological sharing

　　Hongmeng OS relies on multi-end point development IDE, multi-language unified compilation, distributed architecture Kit provides screen layout controls and automatic adaptation of interaction, supports control drag and drop, and visual programming for preview, so that developers can efficiently build multi-end automatic running apps based on the same project, realize true one-time development, multi-terminal deployment, and realize a shared ecosystem between devices. Huawei Ark Compiler is the first static compiler to replace the Android virtual machine mode, allowing developers to compile high-level languages into machine code at one time in the development environment. In addition, Ark Compiler will support multi-language unified compilation in the future, which can greatly improve development efficiency.

　　The past and present life of "Hongmeng" OS

　　In 2017, Hongmeng Kernel 1.0 completed the technical verification.

　　In 2018, Hongmeng kernel 2.0 was applied to end point TEE

　　In 2019, Hongmeng OS 1.0 was completed, based on the open-source framework, in which Huawei self-developed in key modules, using distributed architecture and ARK compiler. Determine the delay engine, launch TEE microkernel formal verification, multi-end point development IDE (Beta), and currently Hongmeng system will be applied to smart screens.

　　In 2020, Hongmeng OS 2.0 is about to appear, the kernel and application framework are self-developed, the general micro-kernel architecture, high-performance graphics stack are launched, multi-language unified compilation, multi-end point development IDE, meet the car standard, and applied to innovative domestic PC, watch/bracelet, car machine and other products.

　　It is expected that by 2021, Hongmeng OS 3.0 will complete soft and hard collaborative optimization, vertical acceleration file system, software and hardware collaborative high-performance IPC, and be applied to audio headphones. After 2022, Hongmeng system will be applied to VR glasses and other devices.

　　Explanation of terms

　　What is a microsystem?

　　The micro kernel is a stripped-down version of the kernel that provides the core functions of the operating system. It is designed to increase portability in a small memory space and provides a modular design to allow users to install different interfaces, such as DOS, Workplace OS, Workplace UNIX, etc. New operating systems such as IBM, Microsoft, the Open Software Foundation (OSF), and the UNIX Systems Laboratory (USL) have all adopted the advantages of this research.

　　[Nanfang Network All Media Reporters] Xu Jun, Gao Xiaoping, Huang Shaohong, Sun Junjie

　　[Trainee reporters] Huang Haobo, Zhang Shiting

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Apple iPhone 16

　　IT Home December 13th news, foreign technology media MacRumors today released a blog post, sharing the relevant information of Apple iPhone 16 standard version models.

　　IT House quoted the media report, Apple iPhone 16
The design and development of the standard version is still in the early stages, and Apple engineers call it "DeLorean", which may differ somewhat from the final retail version.

　　design

　　According to the internal information currently available, Apple has designed a number of iPhone 16 prototypes internally.

　　The yellow prototype has an operation button, and the volume button has a coherent design, and the back has a camera island design similar to the iPhone X.

　　The pink prototype is equipped with an operation button, a separate mechanical volume button; the black prototype is equipped with a larger operation button and a dedicated camera button.

　　Camera Island Adjustment

　　Apple has tested a variety of camera island solutions, and compared with the existing diagonal design, the new model attempts to be designed vertically to enhance device recognition.

　　However, reports say Apple is experimenting with two different camera bump solutions:

　　iPhone 12 style design, square camera island, but the camera adopts vertical scheme;

　　iPhone X style design, using pill shape design.

　　Relative to the iPhone 15, both designs have the same flash position, indicating that Apple does not plan to change the position of the flash.

　　No tactile volume/power button

　　IT House previously reported that Apple is advancing the project internally with "Project Bongo", with plans to redesign the volume and power buttons to bring new interactive experiences in terms of functionality and appearance.

　　And Project Bongo
The volume and power buttons are changed from traditional mechanical buttons to tactile buttons, which detect pressure and simulate the pressing of physical buttons by using a vibration-generating haptic engine (haptic feedback).

　　The feedback mechanism for the Bongo project to press the haptic button is as follows:

　　Below the button is a bend sensor that measures the pressure applied to the button.

　　The strain gauge detects a change in pressure, converts it into a change in resistance, and accurately measures the change.

　　A signal is sent to the main logic board indicating that the button has been pressed.

　　The main logic board issues power commands to the Bongo haptic engine

　　Bongo’s haptic engine uses electromagnetic fields to generate vibrations

　　Then haptic feedback is generated by vibration, and a slight upward movement towards the finger mimics the sensation of a physical button being pressed.

　　The component has two strain gauges, one on each side of the button. The strain gauge detects a change in pressure and converts it into a change in resistance within the circuit. The change in resistance causes a change in voltage, and the potential difference between the two strain gauges is used to determine the position of the pressure origin (volume increase or volume decrease).

　　Apple originally planned to use it on iPhone 15 Pro series models, but it was cancelled earlier this year due to a number of technical issues.

　　The media said Apple did not continue to deepen the project, Apple iPhone 16 models will still be equipped with mechanical buttons.

　　operation button

　　The biggest change in Apple’s iPhone 15 Pro series is to cancel the mute pick and use the operation button instead.

　　The iPhone 16 series models launched next year will also follow, using operation buttons.

　　Apple is working internally on Project Atlas, but is trying to change the operation buttons from mechanical to capacitive.

　　Add a new photo button

　　Apple tried to install a new button on the right side of the iPhone 16, bringing a new capacitive camera button, codenamed Project Nova internally.

　　Not much is known about Project Nova, which will be equipped with force sensors in addition to a "touch toggle" feature.

　　In addition, the photo button is located in the same location as the millimeter wave cutout on iPhone models sold in the United States, so in iPhone 16, the millimeter wave antenna has been moved to the left side of the device.

　　Continue to use Dynamic Island and USB-C ports

　　Without any noticeable changes to the front of the iPhone 16, the opportunity continues with Dynamic Island, and the base model iPhone 16 is expected to feature a similar display to its predecessor, with no major differences. With
iPhone 15, iPhone 16 has a USB-C port on the bottom of the device.

　　color

　　In terms of color, early prototypes were available in three colors: yellow, pink, and midnight.

　　summary

　　iPhone 16 overall appearance will not be much adjustment, the main updates are:

　　Vertical camera arrangement, possibly similar to iPhone 12

　　New capacitive camera button

　　Capacitive operation button

Editor: Qi Shaoheng

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Geely’s ＂New Strength National Coupe＂ Binrui COOL is officially listed

　　On May 20, Geely Automobile’s "New Strength National Coupe" Binrui COOL was officially launched, and the new car launched a total of 3 models: Fengchi Edition, Electric Switch Edition and Thunder Edition. The official guide price is 94,800 yuan – 109,800 yuan.

Geely "new strength national coupe" Binrui COOL officially listed _fororder_image001 copy

　　As Geely’s A-class sports coupe designed for young consumer groups, Binrui COOL has further established Geely’s leading advantage in the field of Chinese brand sports cars by virtue of its cool and stylish appearance, "fast, fierce and provincial" super power, and leapfrog and rich intelligent safety configuration, and has become a new benchmark in the A-class sports car market segment.

　　At the same time as announcing the price, Geely Automobile also launched five "ruthless angle exclusive rights". All users who buy Geely Binrui COOL can enjoy five benefits such as "first enjoy and then pay package", "super double package", "strong financial package", "rejuvenation energy package" and "worry-free car package".

Geely "new strength national coupe" Binrui COOL officially listed _fororder_image002

　　Adopt the racing storm design language to lead the new fashion of the A-class coupe

　　As a "new strength national coupe" specially created by Geely Automobile for young people, Geely Bingrui COOL adopts the design language of "racing storm" based on the evolution of "energy storm", and integrates the sense of speed and sports into the body details, highlighting the "fierce" youthful trend atmosphere.

Geely "new strength national coupe" Binrui COOL officially listed _fororder_image003

　　In terms of appearance, Geely Binrui COOL has the iconic wide-body low-lying body posture, Fastback slip back shape, galloping high waist line and flying spoiler tailgate. The streamline of the roof follows the direction of the wind and presses down to the rear wing, bringing ultra-low wind resistance and more efficient air drainage, which is highly impactful in visual effect. In order to better fit the positioning of "ruthless car", Binrui COOL also adds wind-pulling performance elements such as a broken front tail, bilateral real exhaust, blackened wind-chasing wheels and yellow performance calipers, which are more in line with the individual preferences of young users. In the body color scheme, Geely Binrui COOL fully considered the attitude expression of young consumer groups, and launched five bold and escape-free exclusive color schemes such as ruthless green, energetic lemon, hunting red, racing gray and chasing white.

Geely "new strength national coupe" Binrui COOL officially listed _fororder_image004

　　In terms of interior, Geely Binrui COOL adopts the design concept of "Energy Awakening Cockpit", and the variable contrasting color design of Phantom Orange, Storm Grey and Hard Green echoes the young and sporty body color scheme. The center console of the new car adopts a suede-like contrasting color trim, and the front door guard is integrated with a 72-color streamer ambient light. Users can set the scene mode in the car according to their preferences. The 10.25-inch full LCD instrument and 12.3-inch central control screen are combined to form a super-sensory suspension dual screen. It adopts a suspended three-dimensional design. The central channel comes with a variety of storage space. Hundreds of different combinations can be realized in 10 slots for 3 inserts, which can meet the needs of item placement in an all-round way. The volume of storage space in 6 sub-dashboards reaches 15.3L.

　　In terms of details, Geely Binrui COOL has adopted a ring-shaped competitive seat and a newly upgraded racing electronic gear lever, presenting a strong sports competitive atmosphere that instantly ignites the driver’s driving passion.

　　Geely Galaxy OS system, L2-level intelligent driving blessing, leading the industry in intelligent safety configuration

　　In terms of intelligent interconnection and driving control safety, Geely Binrui COOL is also "ruthless". The new car is equipped with Bosch ESP9.3 body stability control system, Geely Galaxy OS system, electric anti-clip sunroof, etc., which brings users a leapfrog consumer experience.

Geely "new strength national coupe" Binrui COOL officially listed _fororder_image005

　　In terms of smart technology, Geely Binrui COOL has fully considered the needs of young consumers for intelligent interaction and technological convenience. It is equipped with a 12.3-inch HD high definition touch screen with a resolution of 1920 × 720, and is equipped with Geely Galaxy OS system. It adopts E02 chip, industry-leading 12nm advanced process technology, 8-core CPU, 6G memory, 64G storage, to achieve smooth and convenient operation like a mobile phone. Geely Galaxy OS system integrates intelligent AI voice control, mobile phone smart Bluetooth key, APP remote vehicle control, 4G WiFi high-speed Internet access, Autonavi map and many other functions into daily car scenes. In the future, more ecological applications will be introduced through FOTA global upgrade to further enrich and expand the application experience.

Geely "new strength national coupe" Binrui COOL officially listed _fororder_image006

　　In terms of driving safety, Geely Binrui COOL is equipped with a "ten-in-one" Bosch ESP 9.3 body stability control system, which provides users with a faster response to corrections in emergency situations and more accurate body dynamic control, providing driving safety. At the same time, the new car is equipped with L2-level intelligent driving assistance, which includes functions such as ICC intelligent pilot system, ACC S & G start-stop full-speed adaptive cruise system, TJA traffic congestion assistance system, and LKA lane departure assistance system, which can achieve lane keeping and automatic following within 0-150km/h, which can effectively relieve driver fatigue; ELK emergency lane keeping assistance, TSR traffic sign intelligent recognition, IHBC far and near light adaptive system and other active safety configurations, which integrate camera and navigation information, can recognize speed limit signs, automatically adjust far and near light, and ensure the safety of drivers and passengers at all times; AEB-P/C urban pre-collision safety system can automatically identify vehicles, pedestrians, and two-wheeled bicycles, timely warning and intelligent braking, effectively avoiding vehicle accidents. With 540 ° panoramic image + transparent chassis, real-time look around the car to avoid scratches, dynamic route assistance, easy to deal with daily car scenes such as reversing and outbound.

Geely "new strength national coupe" Binrui COOL officially listed _fororder_image007

　　In terms of comfort configuration, Geely Binrui COOL is equipped with an antibacterial steering wheel, an electric anti-pinch sunroof, a fully automatic constant temperature air conditioner, a new discharge trend, an active cockpit air cleaning system, an AQS air quality management system, and an ION negative ion generator. With the car-grade CN95 air conditioner filter element, it creates a safe and comfortable driving space.

　　The first Geely Jinqing 1.5TD high-efficiency power system, the power level leapfrogging

　　In terms of power, Geely Binrui COOL is the first to ride Geely Jinqing 1.5TD high-efficiency power system, with a zero-hundred acceleration of 7.1s, a starting response of only 0.2s, and a 100-kilometer fuel consumption (WLTC) as low as 5.9L. It has three core advantages of "fast, fierce and provincial". The power level leaps ahead, interpreting the "ruthless car" style of the A-class sports coupe leader.

Geely "new strength national coupe" Binrui COOL officially listed _fororder_image008

　　The Geely new generation of Jinqing 1.5TD high-pressure direct injection engine equipped by Binrui COOL has a maximum power of 133kW and a maximum torque of 290N · m. Its power performance exceeds the mainstream 1.8T and is comparable to the low-power 2.0T engine. Thanks to 13 key component technologies and 9 low-friction technologies, Binrui COOL has the best high-efficiency fuel-saving technology in the same class, with a fuel consumption of only 5.9L per hundred kilometers (WLTC). In order to provide users with faster and more extreme power response, this 1.5TD high-pressure direct injection engine adopts "black technology" such as "Geely Ailos" combustion system, 350Bar mid-mounted high-pressure direct injection system and small inertia electronically controlled supercharger, which brings the fastest 0.2s fast start response in the same class. In the blink of an eye, people and vehicles can be integrated and the car can move at will.

Geely "new strength national coupe" Binrui COOL officially listed _fororder_image009

　　In terms of transmission system, the new generation of 7-speed wet dual-clutch transmission equipped by Binrui COOL has a maximum transmission efficiency of 98% and a comprehensive transmission efficiency of 95.5%. Compared with the mainstream wet dual-clutch transmission in the industry, the transmission efficiency is increased by 3 to 7%, which effectively improves the power performance of Binrui COOL in the initial stage. Thanks to the efficient heat dissipation system, the transmission can support a maximum torque output of 300N · m at peak, and the gear shift is precise and smooth. In addition, this transmission is also the first transmission developed in China according to the AUTOSAR system architecture and complies with the ISO26262 international safety standard. It has higher transmission efficiency, better NVH performance and higher manufacturing accuracy.

Geely "new strength national coupe" Binrui COOL officially listed _fororder_image010

　　As one of the representative works of Geely’s young car, Binrui COOL aims to provide a super-combustible, interesting and enjoyable driving experience for young consumers in China. At present, the domestic A-class sports car market is the "new blue ocean" of the car category. The listing of Binrui COOL will reshape the market standard of this segment, lower the threshold of the coupe market, and lead China’s performance car from the niche to the masses, so that every young person has the opportunity to drive a "coupe". In addition, Binrui COOL will further enhance the competitiveness of Chinese auto brands in the 100,000-class sports car market with its leapfrog product power and super quality-price ratio, and compete head-on with joint venture sports cars such as Civic. (Geely Automobile, photo)

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Ideal ＂rose sharply＂, NIO ＂downgraded＂, Li Bin： ＂My cash is pretty miserable＂

Can NIO "live a hundred years"?

Author | Zhao Pu

Editing | Interesting Business

"Peers don’t have the same life", Li Auto (2015.HK) announced that the performance rose at the same time, NIO US stocks suffered ratings and target share prices fell.

According to the annual report data released by Li Auto on February 26, the company’s revenue in 2023 was 123.851 billion yuan, and its net profit was 11.809 billion yuan, which rose 173.48% and 681.06% year-on-year respectively. The two performance indicators reached a new high; its Hong Kong stock price also ushered in a sharp rise of over 23% on February 27. The closing price of the day was 172.3 Hong Kong dollars. As of February 29, Li Auto’s closing price was 177.3 Hong Kong dollars/share, and the market value of Hong Kong stocks was 313.10 billion Hong Kong dollars.

On the same day that Li Auto released its earnings report, the target price of NIO US stocks, which used to be a "new power" partner, was lowered from $8.50 to $5 by JPMorgan Chase. This is the second time that JPMorgan has lowered the target price of NIO since December last year. On February 29, NIO US stocks were trading at $5.43 per share.

Image source: screenshot of Oriental Fortune

Just on February 27, when Li Bin, founder and chairperson of NIO, was live, netizens in the live stream commented on both support and sharp doubts; when asked "when will NIO go out of business", Li Bin cleverly replied, "This question cannot be answered, and it must be answered by the majority of users. If everyone does not support it, we will have no meaning in life. If they support us, they will surely live a hundred years."

Image source: Weibo screenshot

Li Bin also said in the live broadcast that his annual salary is less than one million, "I am quite miserable in cash now," because everyone in the company has the same travel expenses. If he wants to stay in a better hotel and take a better car, he needs to make up the price difference, and he has to pay a lot of money in a year.

01. Sales volume, share price, and rating are all "downgraded"

Recently, NIO "downgrade" signals have been frequent.

In December last year, JPMorgan Chase lowered the target price of NIO from $10.50/share to $8.50/share. On February 26, NIO was lowered again by JPMorgan Chase to $5/share. NIO’s US stock price has been lowered twice, and the cumulative reduction has exceeded 50%. In addition, NIO’s US stock rating has also been reduced from "neutral" to "underweight".

The "Interesting Business" query found that the lowest price in the history of NIO US stocks appeared in 2019, at $1.19 per share.

JPMorgan said in the report that the NIO Group has fewer new models for 2024, with only one new mass-market model called the "Alps", which may not be available until the fourth quarter. In addition, while the lack of new models, considering that peers such as XPeng Motors and BYD joint stock company are expected to launch new models, "mass market competition is likely to only intensify".

Image Source: Canned Food Gallery

Due to the lack of new models to impact sales, NIO’s sales target in 2024 was lowered to 230,000 vehicles, a decrease of 15,000 vehicles compared with 2023, but NIO’s actual sales in 2023 were about 160,000 vehicles, and the annual target was not completed. Whether the established target can be achieved in 2024 also needs to be verified.

Accompanied by the above-mentioned "downgrade" signals, NIO’s share price has fallen from about 72 Hong Kong dollars per share to 43.8 Hong Kong dollars per share from 2024 to February 29, with a cumulative decline of 39.79% in the first two months of the year. The latest Hong Kong stock market value is about 68.79 billion Hong Kong dollars, which is about 22% of the total market value of Li Auto.

Image source: screenshot of Oriental Fortune

In contrast to Li Auto, some investors joked that "the ideal is about to break new highs, and NIO is about to break new lows". From the historical stock price perspective, the lowest share price of NIO Hong Kong stocks appeared on February 6 this year, and the intraday share price fell to HK $41.55/share.

In the face of market concerns and doubts, Li Bin responded in the live stream that NIO still has tens of billions of funds, so you can rest assured. In addition, NIO will launch hundreds of thousands of new brands next year. At the same time, Li Bin said that NIO’s goal is to serve customers with different brands in the hundreds of thousands, hundreds of thousands, and hundreds of thousands.

According to "Interestingly Understanding Business", in early February this year, NIO sub-brand Alps was exposed to have a sedan and SUV models, with a price range of 200,000 yuan to 300,000 yuan, and will use NIO’s latest NT3.0 platform to build.

02. Does NIO dare to fight a "price war"?

When JPMorgan cut the target price of NIO’s US stock, it specifically mentioned that NIO’s management had emphasized that the company was unwilling to sacrifice profits to increase sales. Li Bin also said that the gross profit of NIO pure electric vehicles is relatively low.

In the eyes of industry insiders, NIO is constrained by cost constraints, making it difficult to keep up with the new round of "price cuts" since the beginning of the year. The launch of hundreds of thousands of models into the low-priced car market next year is also slightly lagging behind in time; after all, the "price war" of various new energy vehicle companies this year has been very intense. How much market share can NIO "take" next year?

Image Source: Canned Food Gallery

Zhang Xiang, a visiting professor at the Yellow River University of Science and Technology, believes that "the overall performance of NIO is still losing money. From this perspective, there is no room for NIO to reduce prices. This is easy to form a vicious circle: reducing prices will further reduce profits and increase the risk of losses; but in the case of competitors cutting prices, if you do not reduce prices yourself, it will be difficult to increase sales. If the sales scale is not large enough, you will not be able to reduce costs, and then there will be no room for price reduction."

To avoid falling into the above vicious circle, NIO must increase sales and reduce overall costs in order to be more proactive in the face of "price wars".

Regarding gross profit margins and price reductions, NIO founder and president Qin Lihong once said that NIO’s gross profit margin is not high, and companies with gross profit margins of 30% to 40% may be able to reduce prices appropriately, but NIO will not do so. According to NIO’s performance report for the third quarter of 2023, NIO’s gross profit margin for vehicles is only 11.0%.

In fact, NIO is relatively passive in the face of the industry’s "price war". In 2023, NIO’s sales only increased by about 37,500 units year-on-year, an increase of about 30.62% year-on-year. Compared with MIIT data, the sales of new energy vehicles in our country in 2023 were 9.495 million units, a year-on-year increase of 37.9%. That is to say, NIO’s sales growth is still lower than the industry average sales growth rate.

Image Source: Canned Food Gallery

"In terms of sales, the growth rate of NIO is lower than the growth rate of the industry, and there is a danger of being surpassed by other car companies." Zhang Xiang said that NIO’s 2024 sales models are still dominated by mid-to-high-end models of 300,000 yuan to 500,000 yuan. The market itself is relatively small in capacity and more competitive. In addition to traditional car companies BBA, other new energy car companies are also joining this market. The mid-to-high-end market is already a red sea. It is also a helpless choice for NIO to reduce its sales target in 2024.

As for the power exchange business that Li Bin has always emphasized, Zhang Xiang also pointed out that there are certain obstacles. "The essence of power exchange is to unify the battery standards of various car companies, but many car companies are relatively resistant to this, especially large car companies such as Tesla and BYD. If each car company cannot unify the battery standard protocol, it will be difficult for the power exchange mode to become the mainstream of the market. With the continuous popularization of charging piles, the improvement of fast charging and super charging technology, the future charging mode is still the choice of most car owners, and there is a risk of being marginalized."

NIO 2023 third quarter performance report shows that the company’s third quarter revenue 19.07 billion yuan, an increase of 117.4%, an increase of 46.6%, cash reserves 45.20 billion yuan, an increase of 13.70 billion yuan, net loss of about 4.557 billion yuan, a decrease of 24.8%

Image Source: Screenshot of Corporate Financial Reports

In the face of cost and profit issues, Li Bin is also trying his best to expand space. Recently, NIO and Anhui Jianghuai Automobile Group Joint Stock Company signed a definitive agreement to acquire certain production equipment and assets from Jianghuai. The production equipment and assets of the first advanced manufacturing base and the second advanced manufacturing base will be purchased from Jianghuai. The total price excluding tax is about RMB 3.16 billion yuan.

Li Bin, chairperson of NIO, said at the earnings conference that "from a manufacturing perspective, if we make it completely independently, the manufacturing cost will drop by 10%".

In the face of the price war, NIO 2023 main models gave a price reduction of more than 20,000 yuan, but the 2024 models did not increase the price, avoiding direct entry into the "price war". Among them, 2024 ES8, EC7, ES6, EC6, ET5T will be delivered in March; 2024 ET5 will be delivered in April; 2024 ES7 will be delivered in May; 2024 ET7 will be released in April and open the lock order.

Li Bin also called on everyone to support NIO in the live stream, and he also tried to make NIO’s financial report look better as soon as possible.

Will you choose to buy NIO? Let’s chat in the comment area.

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