作者： admin

The dust of the ＂Evergrande Department＂ has settled! Xu Jiayin was taken coercive measures and did not appear in public for many days. He divorced last year and has established a trust fund for his so

The news from the financial world on September 28 that "Evergrande Department" and Xu Jiayin have finally settled!

On the evening of the 28th, China Evergrande announced on the Hong Kong Stock Exchange that the company has been notified by relevant departments that Xu Jiayin, the executive director and chairperson of the board of directors of the company, has been taken compulsory measures according to law for suspected illegal crimes. China Evergrande said that the shares will continue to suspend trading until further notice.

It is worth noting that on the morning of the 28th, half an hour before the opening of the market, the "Hengda" troika China Hengda, Hengda Automobile, and Hengda Property urgently issued an announcement saying that they temporarily suspended trading on the Hong Kong Stock Exchange.

One detail worth noting was that Evergrande had always liked to release "heavy hitters" late at night, but this time it was unusual. The news of the suspension of trading was not announced until 30 minutes before the opening. This morning, various speculations and rumors about Xu Jiayin and Evergrande surged from the outside world.

Xu Jiayin has not been seen in public for many days

According to public reports, on July 24 this year, Xu Jiayin organized a meeting of Hengda Baojiao Building, which lasted for more than half an hour. At the meeting, Xu Jiayin asked several regional companies about the Baojiao Building. Since then, Xu Jiayin has not been seen publicly attending the event.

In early August, some executives of Evergrande were detained.

On August 30, Xu Jiayin was exposed as saying that "outsiders are not allowed to follow their opinions at the Guangzhou headquarters. External companies need Xu Jiayin to sign, and they also need to be handed over by their staff after reporting."

On the evening of September 16, the Shenzhen police notified Hengda Wealth Du and other suspected criminals to take criminal coercive measures. The "Du" in the notice is Du Liang, the legal representative, executive director and general manager of Hengda Wealth.

After that, Zhu Jialin, the former chairperson of Evergrande Life Insurance, was also taken away for investigation.

On September 26, Caixin reported that former Evergrande CEO Xia Haijun and Chief Financial Officer Pan Darong had both been detained or taken away.

Xu Jiayin seems to be "prepared for a rainy day"

According to the "2023 Hurun Global Rich List", Xu Jiayin’s net worth on the list is 20 billion yuan, ranking 1,100th in the world, down 712 places from last year and more than 90% from two years ago. At the time of the "Evergrande" stock price slump, Xu Jiayin’s personal worth has also further shrunk.

Although his personal wealth has shrunk sharply, Xu Jiayin appears to be "prepared for a rainy day."

Earlier, it was revealed that Xu Jiayin had divorced his wife Ding Yumei in 2022, which was interpreted by the outside world as a division of property.

According to ifeng.com, Xu Jiayin’s son was also exposed to a single family trust fund of up to 2.30 billion before Xu Jiayin declared Evergrande’s bankruptcy, which is also known as Xu Jiayin’s "Rich Second Generation Protection Plan" for his son.

Evergrande workout process suffered a setback

Just a few days ago, Hengda overseas workout process suffered a severe setback.

On the evening of the 22nd, China Evergrande Group released an update on overseas workout information. The announcement shows that since March 22 this year, Evergrande Group’s sales have not been as good as the company expected. Based on the company’s current situation and consultations with its advisors and creditors, the company believes it is necessary to re-examine the terms of the proposed restructuring to match its objective situation and creditors’ demands, and the workout meeting will not be held.

After the workout meeting was postponed indefinitely, China Evergrande announced on the evening of the 24th that in view of the fact that the subsidiary Hengda Real Estate Group is being investigated, the group’s current situation cannot meet the eligibility for the issuance of new notes.

This will have a direct impact on Hengda’s workout, and the new notes are the top priority in Hengda’s restructuring plan.

In March this year, Evergrande announced a $19.149 billion overseas workout plan and offered creditors three options, all of which need to issue new notes. First, replace the old debt with the new note at a 1:1 basis, and the new note has a maturity of 10-12 years. Second, convert it to a new note with a maturity of 5-9 years, and convert it to a combination of Evergrande Property, Evergrande New Energy Vehicles or Equity-Linked Notes linked to Evergrande’s listed stocks. Third, a combination of the above two.

China has long been insolvent.

As of the end of June, China Evergrande’s revenue in the first half of this year was 128.18 billion yuan, and its gross profit was 9.80 billion yuan. During the period, the operating loss was 17.38 billion yuan, the non-operating loss was 15.03 billion yuan, and the income tax expenditure was 6.84 billion yuan, and the total net loss was 39.25 billion yuan. As of June 30, 2023, China Evergrande’s total debt was 2.3882 trillion yuan. After excluding the contract debt of 603.98 billion yuan, it was 1.78 trillion yuan.

Under the interweaving of various news, Evergrande ushered in the finale.

The 2019 China Brand Power Ceremony was held in Beijing, and Tencent won the Top Ten Annual Model Brand Awards

　　On December 15, the "2019 China Brand Power Ceremony" event hosted by the Central Radio and Television Station was held in Beijing. More than 100 famous brand enterprises gathered on the scene to participate in the grand event. In order to thoroughly implement the spirit of the important instructions of the General Secretary of the Supreme Leader on promoting the transformation of Chinese manufacturing to China creation, the transformation of Chinese speed to Chinese quality, and the transformation of Chinese products to Chinese brands, and to implement the spirit of the Central Economic Work Conference, the Central Radio and Television Station held this Brand Power Ceremony.

2019 China Brand Power Ceremony

2019 China Brand Power Ceremony

　　The event site released the 2019 China Brand Power Ceremony Model 100 Brands, Top Ten Annual Model Brands, Top Ten Annual Emerging Brands and Annual Glory Brands, showcasing the height, thickness and breadth of Chinese brands and reflecting the current situation and trends of China’s economy and Chinese brands.

2019 China Brand Power Ceremony

2019 China Brand Power Ceremony

　　On the same day, Tencent won the Top Ten Annual Model Brands Award of the 2019 China Brand Power Ceremony. Yao Xing, Vice President of Tencent, accepted the award on behalf of Tencent and delivered a speech: "Thank you for the Brand Power Ceremony for awarding such a weighty trophy to Tencent. Over the past 21 years, Tencent has had a lot of landmark numbers. If I could only say one number today, I would say that the number of Tencent’s global patent applications has exceeded 34,000, ranking second among global Internet companies. In terms of artificial intelligence, the number of Tencent patent applications exceeded 3,000. We published 430 papers at top international AI academic conferences, such as ICML, CVPR, NeuIPS and ACL, ranking among the top domestic enterprises."

Yao Xing, Vice President of Tencent

Yao Xing, Vice President of Tencent

　　Yao Xing also said: "Through these figures, it can show that Tencent’s continuous exploration and innovation in technology. At present, Tencent has established two major laboratory matrices: one is the artificial intelligence laboratory matrix, including Tencent AI Labs – Shenzhen and Seattle, vision-based Tencent Youtu, voice and natural language understanding WeChat AI, which are dedicated to comprehensive basic research and application; the other is the laboratory matrix based on cutting-edge technology, covering robotics, quantum computing, 5G, edge computing, Internet of Things and audio and video technology. We pay attention to and promote the development of science and technology, but what we should think about is how to make good use of science and technology while maintaining basic technology and cutting-edge technology research, improving the quality of life for users, improving production efficiency, and making everyone’s life more convenient and safer. Tencent’s latest vision and mission is’user-oriented, science and technology for good ‘. We choose science and technology for good, which means not only to unswervingly improve our scientific and technological capabilities, but also to do something and do something, promote scientific and technological innovation and cultural inheritance, help all walks of life upgrade, and promote the sustainable development of society. "

　　At the 2019 China Brand Power Ceremony, many executives of well-known companies expressed their views on how to create a brand and build a century-old store. Yang Guoan, a senior management consultant of Tencent and the provost of Qingteng University, said in an interview with CCTV reporters: "A brand is an important intangible asset of a company. It is accumulated in all aspects, including products, services, and all aspects. It is an image of consumers, but after accumulation, it also becomes a very important competitiveness, a place where the brand is priced at a premium."

　　As an Internet-based technology and culture company, in recent years, Tencent has actively played the role of "digital assistant" to promote digital upgrading in various fields. Not long ago, Tencent officially announced a new mission vision as "user-oriented, technology for good", continue to be based on user value, and integrate social responsibility into products, technologies and services.

　　For example, in the field of public welfare, Tencent initiated and launched the Tencent Charity Charity Foundation in 2007. As the first national non-public fundraising foundation registered by an Internet company with the Ministry of Civil Affairs in China, it is committed to using technology to connect trust and make every small good deed more powerful. China’s first Internet Public Welfare Day in 2015, 99 Public Welfare Day, has become a phenomenon-level national public welfare action day with the largest number of participants, the widest influence and the most diverse scenarios. So far, more than 300 million people on the Tencent Charity platform have donated 7.70 billion yuan to charity, and more than 74,000 projects have been helped.

　　On the 20th anniversary of Tencent’s founding last year, the Tencent Foundation invested 1 billion yuan in start-up funds to establish the "Science Exploration Award", which is aimed at basic science and cutting-edge technology fields, and supports young science and technology workers aged 45 and under who work full-time in the Chinese mainland every year. Each winner will receive a total of 3 million yuan for five consecutive years.

　　Thanks to its outstanding performance in corporate social responsibility, Tencent has won the titles of "Outstanding Responsible Enterprise of the Year", "Pioneer of Guangdong-Hong Kong-Macao Greater Bay Area Construction", and "Excellent Corporate Citizen of 2019" by well-known media such as Southern Weekend and New Weekly this year.

Sudden! Hengda Automobile Announcement

Every editor, He Xiaotao, Zhang Jinhe　　　　

On the evening of October 8, 2023, Hengda Automobile announced the resumption of trading and disclosed the latest progress of the war investment.

Evergrande Motor said in the announcement that on September 29, 2023, it received a letter from Newton Group stating that,In light of Evergrande’s announcement of the suspension of trading of its shares on September 28, 2023, together with a series of recent changes in China Evergrande, this in turn will also create significant uncertainty regarding the share purchase agreement and the proposed transaction.According to the share purchase agreement, the completion of Hengda Group’s workout and a series of other prerequisites are very important prerequisites for delivery. In this case, Newton Group suspends the relevant obligations in the share purchase agreement.

According to the Financial Union, the reporter checked the relevant announcements and found that,The problem mainly focuses on the changes in the overseas workout of Hengda Group, the parent company of Hengda Automobile, and the related impact on Hengda Automobile after Xu Jiayin, the board of directors of Hengda Group, was taken compulsory measures.

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Hengda Automobile Emergency Announcement

Holding hands with Newton to regroup and change?

According to the announcement, Newton Group said that according to the transitional funding support agreement, due to the current situation that the preconditions under the share purchase agreement cannot be met, Newton (Zhejiang) Automobile to Hengda New Energy Vehicle (Tianjin) The preconditions for the payment of the second and third funds have not been met, and it is temporarily not obliged to pay the second and third funds to Hengda New Energy Vehicle (Tianjin).

In addition, Newton Group also hopes that Hengda Automobile will reply to clarify the following aspects:

First, the Hengda Group workout plan involved in the share purchase agreement needs to be readjusted, and there are plans to launch a new restructuring plan;

Second, China Evergrande, Evergrande Automobile, creditors and related parties are willing to renegotiate the adjustments required for the proposed transaction plan on the premise that the new restructuring plan is clear.

Third, Newton Group confirmed that the letter sent to Hengda Automobile does not constitute a notice to terminate the share purchase agreement.There is no requirement to terminate the share purchase agreement as of the date of issuance.

Evergrande Motor pointed out that on October 5, 2023, it sent a reply to Newton Group, expressing its willingness to renegotiate with it the necessary adjustments to the proposed transaction plan. Evergrande also said that it will make further announcements in accordance with the listing rules and the takeover code in due course.

Evergrande’s board of directors believes that there is no other insider information that needs to be disclosed at present.It has applied to the Stock Exchange to resume trading from 9:00 am on October 9, 2023.At the same time, Evergrande also cautioned that as the proposed transaction may not proceed, shareholders and potential investors should exercise caution during the transaction.

On the evening of August 14, Hengda Automobile (0708.HK) announced that it had received the first strategic investment of 500 million US dollars (about RMB 3.63 billion yuan) from the US-listed company Newton Group (NWTN), which is held by the UAE sovereign fund. Another 600 million RMB transition funds will arrive one after another 5 working days after the announcement.

All war investment funds are used in Hengda Automobile’s Tianjin factory to ensure the normal production of Hengchi 5 and the successive mass production of Hengchi 6 and 7. It is reported that NWTN Group will also assist Hengda Automobile to develop overseas markets and achieve the annual export of 30,000-50,000 Hengchi vehicles to the Middle East market.

Before the suspension,Evergrande Motor shares 0.56 Hong Kong dollars, market value 6.073 billion Hong Kong dollars.

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Hengda’s latest debt 75.60 billion yuan

Delivered 760 Hengchi 5s in the first half of the year

On the evening of September 21, Hengda Automobile released the 2023 semi-annual report showing that as of June 30, 2023, the company’s total assets 42.852 billion yuan (RMB, the same below) and total liabilities 75.692 billion yuan.

As of June 30, 2023, Evergrande Motor’s huge liabilities were mainly from borrowings, trade and other payables, and other liabilities. Among them, borrowings, trade and other payables all increased.

As of June 30, 2023, Hengda Motor borrowed 26.997 billion yuan, up 1.011 billion yuan from 25.985 billion yuan at the end of 2022.

As of June 30, 2023, Hengda Motor was involved in the failure to pay off the maturing debt of about 9.341 billion yuan, and the overdue commercial ticket accumulated about 3.591 billion yuan.

In the first half of 2023, Hengda will focus on the production and delivery of Hengchi 5, with more than 760 vehicles delivered.

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Who is the Newtown Group?

According to Life Daily, Newton Group (NWTN) is the "pacesetter" of new energy vehicles in the UAE, and it has deep connections with China. Newton Group was formerly known as the Tianjin-based company Ikonik. After "Nirvana", Newton Group received capital from the UAE Royal Fund and was established in Dubai in 2016. Today, Newton Group is controlled by the UAE Royal Group. It has unique advantages in core technologies such as modular pure electric platforms, digital on-board interconnection systems, electrical and electronic architecture, and autonomous driving. Ultra-car, full-size SPV, and compact SPV are the main products that Newton Group is developing.

As the first manufacturer to obtain a new energy vehicle production license in Abu Dhabi, the strength of Newton Group should not be underestimated. In May 2022, Newton Group announced that it signed a PIPE subscription agreement with Al Ataa Investment LLC (hereinafter referred to as LLC) in Abu Dhabi, UAE, with a total amount of 200 million US dollars. LLC is the UAE Royal Assets Company, which is not only an important part of the UAE economy, but also represents the national intention of the UAE’s special political system. This subscription shows the strong support of the UAE for new energy vehicles, and also shows the country’s determination to develop local new energy vehicles.

With the strong support of the UAE government, Newton Group successfully "landed" on Nasdaq in the United States on November 14, 2022, becoming the first stock of UAE new energy vehicles listed in the United States.

Before putting on the coat of "the first share of new energy vehicles in the United Arab Emirates", Newton Group was active in domestic and foreign markets as the "Iconic" brand.

According to Iconic’s official Weibo chat history, in September 2016, Tianjin Iconic New Energy Vehicle Co., Ltd. was established. In April of the following year, the company brought its first pure electric MPV to the Shanghai Auto Show and claimed that it had won nearly 10,000 pre-orders at home and abroad before it was listed. The first batch of new cars will be delivered in 2019.

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Image source: Weibo screenshot

Similar to the "hot-selling" news of the product, there are also its big-name partners that have been officially announced, such as product design by W Motors, a Middle Eastern supercar manufacturer, prototype car building by Turin studio, and working with Microsoft to create future smart travel solutions.

However, as the time came to 2019, Iconic did not release more news on the delivery of orders. But at the same time, the company is still revealing new "highlights". According to a report by China News Service in April 2019, during the 2019 Shanghai Auto Show, Iconic founder and president Wu Nan announced that Iconic established Tianjin Tianqi New Energy Vehicle Co., Ltd.

In July of the same year, Tianjin Aikonik New Energy Vehicle Co., Ltd. was renamed Tianjin Tianqi Group Co., Ltd. At that time, many media reported that Aikonik and Tianjin Jinghai District Government, Tianjin Baili Machinery Equipment Group Co., Ltd. and Tianjin Jinghong Investment Development Group Co., Ltd. reached an agreement on the transfer of equity of Meiya Automobile, and thus obtained the car manufacturing qualification.

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Inside the registered place of Tianjin Tianqi Group, picture source: Photo by Li Xing, every reporter

According to the news released by Tianjin Jinghai District Rongmedia Center in 2019, the Tianqi New Energy Vehicle Headquarters project will be settled in Jinghai District Ziya Economic and Technological Development Zone. The project is divided into two phases as a whole. The first phase starts the new energy vehicle production base project, and the planned annual production capacity is 50,000 new energy MPVs. It is expected to start construction in October 2019 and be completed and put into operation in October the following year.

However, there is no public information on the progress of the project.

Previously, a reporter from the "Daily Economic News" called the investment project department of the Jinghai District Government Service Office to inquire about the follow-up progress of the aforementioned project. After the other party’s inquiry, the project was not established in the system. "[The project unit at that time] may have an agreement with the district government, but it may only be a framework agreement, or a strategic agreement. In the end, the project unit may not be cost-effective (think) it is not suitable, or the supporting site selection may feel that there is a problem, and it will not be connected. Then the project will be completed in the end."

The content of the article is for reference only and does not constitute investment advice. Investors operate accordingly at their own risk.

edit|He Xiaotao, Zhang Jinhe, Gaiyuanyuan

Proofreading |Chen Keming

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Daily Economic News (reporters: Zhu Chengxiang, Li Xing, Yang Yu), Financial Union

[Ask the world M7 sold out, many players optimistic about the opportunity of the industry chain! The competition will enter the second half, get on the car to win the grand prize] Mid-Autumn Festival National Day holiday is over, class A share will open from next Monday. During the holiday, Hong Kong stocks Hang Seng Index and A50 index fell first and then rose, and finally rose slightly. In the 19th official competition of the gold nugget competition held by the Daily Economic News APP, next week will enter the second half. At present, many players are actively registering and running. News shows that since the release of September 12, the cumulative quantity of the new M7 has exceeded 50,000 vehicles. Some contestants believe that it is estimated that the market will rebound next week, and they are optimistic about the opportunity of the ask world M7 industry chain. This registration period ends at 24:00 on October 11, and the competition time is from September 25 to October 13. Download and install the Daily Economic News APP, register now, and compete for the cash prize!

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Self-protection ｜ Old car-hailing drivers protect the cervical spine and do these 4 points

People who drive often have this kind of trouble: after driving for a long time, the neck will be sore. And if you don’t pay attention, you will be entangled in cervical spondylosis after a long time. Especially for online taxi and taxi drivers, who drive longer than the average person, the chance of suffering from cervical spondylosis is greatly increased.

1. Standardize sitting posture and engage in appropriate activities

When driving, the sitting posture should be kept standard: raise your chest, keep your chest and abdomen intermittently, and do not bow and lean forward. When parking and resting, you can learn some massage movements and move your neck and shoulders:

1. Cross your fingers, place them behind your neck, and rub them left and right to relax your neck.

2. Slowly shake your head and turn 5-10 times clockwise and counterclockwise.

3. Shrug your shoulders (keep your neck still), move your neck and shoulders, relax your tendons and promote blood circulation: raise your head and raise your chest, look ahead, put your arms on both sides to droop naturally, then shrug your shoulders up as much as possible at the same time, pause for 2 seconds, and then sink hard at the same time.

2. Adjust the seat in time

At present, the height of most car headrests can be adjusted, so be sure to adjust the headrest to the position opposite the back of the head. This position is the most suitable. You can clearly observe the road conditions without stretching your neck or nodding, and the back can be fully attached to the backrest.

3. Add a low-height pillow

If you feel that the headrest and backrest cannot support the neck, you can add a small pillow under the headrest and backrest.

Don’t brake hard when driving

Pay attention to safe driving

In case of a traffic accident

Injury to the spine and lumbar spine

You need a professional to move your body

Original 67-year-old Wang Jianlin appeared on the streets of Henan, wearing simple and thin clothes, completely without the domineering style of the richest man

Wang Jianlin appeared on the streets of Henan, which attracted the attention of many netizens. That day, Wang Jianlin and Wang Chaoge, director of Dajian, chatted together in a street cafe. The other was Hu Baosen, the head of Henan Jianye Group. In the past two years, Wanda has taken over a lot of assets from the construction industry in Henan. Wang Jianlin and Hu Baosen are also old friends. I think this time the three of them gathered together also has a big move.

Wang Jianlin hadn’t retired yet. He was actually 67 years old, and many people had already retired at this age. Wang Jianlin still maintained his exuberant energy and ran around the country every day.

In fact, in the past two years, Wang Jianlin has appeared in the public eye, and everyone is like this. A few years ago, Wang Jianlin gave frequent interviews, when he just became the richest man. In fact, it was unprecedented, and Wang Sicong’s attention in the media was also very high.

Wang Jianlin was very domineering when he talked and worked at that time, and everyone was much fatter than they are now. When Wang Jianlin was middle-aged, he was actually very fat. Now that all Wang Jianlin staff have lost weight, many people don’t seem to be used to it.

However, some netizens once ran into Wang Jianlin at the gym and thought that Wang Jianlin had a slimming plan. Because of his age, it is actually better to be thin than fat. Although he is a little older than Wang Jianlin, he has persisted in training for many years and now runs and swims every day. At the same time, he is also training on equipment.

Wang Shi said that his visceral fat rate was only 1%, which was lower than that of many professional athletes. Now many people are sick, but it is actually the disease of the rich, because they eat too much. As a famous rich man in China, Wang Jianlin will eat any delicacies with him if he is gluttonous.

So now that Wang Jianlin is thinner, it is actually better for his health. Moreover, if people are thinner, they will appear more capable. In fact, their work energy will also be better. A rich man like Wang Jianlin must have managers.

In fact, today’s Wang Jianlin is completely different from a few years ago. When Wang Jianlin was first elected China’s richest man in 2012, he was triumphant and made a $100 million bet with CCTV and Jack Ma, which attracted national attention.

Since then, Wang Jianlin has been running rounders, and Wang Jianlin has invested in Wanda Plaza, Wanda City, as well as finance and the Internet. His career has continued to grow. Wang Jianlin was named China’s richest man in 2017. This year, Wang Jianlin said the classic 100 million small goals in an interview with Lu Yu. Wang Jianlin said at the time that Shanghai Disney would be profitable within 20 years.

But soon after Wang Jianlin said that, he immediately sold his 13 Wanda cultural tourism projects, raising tens of billions of dollars. He also sold more than 70 hotels across the country. Since then, Wang Jianlin has continued to sell assets, recovering at least hundreds of billions of dollars.

These funds were used to cover Wanda’s debts at that time, which greatly reduced Wanda’s debt ratio. In fact, Wanda is stronger, stronger and safer now than it was a few years ago. But Wang Jianlin has instead become a low-profile person. Wang Jianlin has not appeared in the media for a long time and has not given interviews to the media, but he has been working quietly for several years.

This time, Wang Jianlin’s appearance was also due to the complete absence of his domineering aura. This was very different from Wang Jianlin a few years ago. Now, Wang Jianlin gave people the feeling of a sweeping monk.

Wang Zhigang, a legend in the real estate field, also spoke about Wang Jianlin in a rare way recently. He said that Wang Jianlin’s strategic vision is definitely the first in China. This evaluation is indeed very high. Of course, Wang Jianlin’s achievements in recent years also prove this point. Looking at Evergrande, Sunac, R & F, Sunny, and Wanda, you have to admire Wang Jianlin’s brilliance. If Wang Jianlin does not decisively reduce his assets after 2017, Wanda may also be in danger now.

It was a great time to believe that Wang Jianlin suddenly turned the boat around. It took a lot of courage. Many people can’t do that. Wang Sicong also recently stepped down as a director of Wanda. In fact, Wang Jianlin has long said that he will not leave his assets to Wang Sicong. He will set up a charitable fund in the future to make his assets play a bigger role.

In fact, compared to his own business, as a father, Wang Jianlin was most concerned about Wang Sicong’s marriage. After all, Wang Sicong was Wang Jianlin’s only son, and Wang Sicong was in his 30s, but he had always been emotionally uncertain.

Responsible editor:

Regret not starting earlier! Leo’s endorsement of SAIC Volkswagen ID.3 helps realize the freedom of urban travel.

　　At the beginning, the direct reason for changing this Leo-endorsed SAIC Volkswagen ID.3 was that the route to work in the new company was rather congested, and it took 40 minutes to walk 12 kilometers. I was very uncomfortable because of the sudden change of gearbox. In addition, it cost hundreds of dollars to refuel every month, so changing new energy vehicles could save a lot of fuel costs. So when the price of ID.3 was reduced, the car was decisively picked up, which was considered to support the national new energy cause.

　　Volkswagen ID.3, which was presented at the end of August last year, is an upgraded version of pure intelligence in 2023. Without any optional equipment, it was presented with a hidden driving recorder. Later, it installed its own original reversing image and leather heated steering wheel, and the presented flannel foot pad was later replaced with TPE+ menes carpet surface. It takes just half a year to pick up the car, and the mileage level is quite satisfactory: 10 thousand kilometers a year.

　　At present, with the stable monthly sales of tens of thousands, the design must be recognized by the public aesthetically. And personally, the design of Volkswagen ID.3 won my heart, with excessively smooth lines, flat front and rear LOGO, rounded front and sharp rear, giving people a cute and handsome feeling. Because of the budget problem, I didn’t go to the top, otherwise the matrix headlight IQ.Light is still very spiritual, and I think it is very practical to follow the steering function.

　　The highlight of the interior is the use of piano paint style in many places, from the door armrest, steering wheel button area to the outer frame of the central control screen, which is relatively unified and has a sense of design. Some physical buttons are still reserved for the buttons, and of course, there are many touch buttons, taking into account practicality and technology. Everyone thinks that the fabric seat is more practical at this price, and the heating function of the seat is omitted in warm winter. There is not much storage space, but you can also put some water cups and scattered things.


　　ID.3 is a 125kW single motor rear drive, which can generate 170P horsepower in generate, which is enough for the car ID.3.. The abundance of power mainly comes from the speed range of 0-80 yards in the urban area, and the motor power is smooth and smooth without delay. This makes me no longer have to endure the frustration of the previous Artz gearbox when commuting in the city after changing cars, and the driving experience has improved a lot. If it is 80 yards up, or on the highway, there is still enough power when it needs to accelerate again. Running at a high speed of 120 yards, the body is still relatively stable, which may be due to the weight of the battery reducing the center of gravity of the car, or it may be due to the solid training of Volkswagen. In short, I personally like the simple suspension performance and calm chassis texture of ID.3

　　The car itself is still smooth, and there is almost no jam. In addition, entertainment functions can be realized by downloading apps in the application market, such as major music apps, video apps and book listening apps. Apple users can directly connect CarPlay through wireless and wired connection, Huawei users can buy a box to realize wireless HiCar, and other Android users can also realize car-machine interconnection through the box. The mobile APP can view vehicle information such as mileage and electricity, and turn on the air conditioner remotely.

　　It is commendable that Volkswagen ID.3 comes standard with L2-assisted driving, which can adaptively cruise ACC, even lane-centered LCC. It is very easy to use when there are no traffic lights on my overhead, and occasionally on high speed.



　　In the past six months, the use of SAIC Volkswagen ID.3 is still very handy, and I have a deeper understanding of the first choice of this 120,000-class pure electric vehicle endorsed by Leo. It is said that the cumulative sales volume of ID.3 has exceeded 120,000+vehicles since its debut, and in 2023, it ranked as the joint venture pure tram sales crown and the A-class hatchback sales crown. In addition to outstanding sales performance, the hard power of ID.3 has also been recognized by the authority, winning the 2023 new energy compact car quality ranking and the joint venture pure electric compact car preservation rate.


　　Although on the surface, I changed from driving a medium-sized car, Artz, to driving a compact car, Volkswagen ID.3, which seems to be a kind of consumption degradation. However, for those who really understand my driving needs and actual situation, they will understand that this is actually an upgrade of driving experience. Nowadays, people are more willing to drive when they go out, and even in very close places, they drive instead of walking, which can be regarded as realizing the freedom of urban travel, and even some regret not starting earlier.

Nongfu Spring 2021 mixed happiness： make a lot of 7 billion, Zhong Shansui’s net worth has evaporated hundreds of billions

Since March, the good news of "Shuimao" has continued:

Founder Zhong Bianyuan has been the richest man in China for a row. On the 21st, he launched a new tea series "steam tea". On the evening of the 28th, the company’s 2021 annual report was released, and its performance has picked up significantly…

As a well-deserved soft drink giant in China, Nongfu Spring has passed last year’s "dark time" (related reading: Nongfu Spring overturned?), and everything seems to be going well.

Is that really the case? ifeng.com’s "eye of the storm" reviewed its annual report and found that, as a giant in the domestic soft drink industry, although Nongfu Spring handed over a good 2021 annual report answer sheet, it was backed by the weakness of the 2020 annual report data.

Further sorting out. In addition to experiencing a low performance, Nongfu Spring has not only suffered a "roller coaster" of stock prices and a sharp decline in market value in the past year and a half since its listing, but also fell into environmental pollution and food safety crises twice – a series of negative events that have wiped out hundreds of billions of Zhong’s net worth.

At the same time, the issue of "inflated valuation", which was widely criticized at the beginning of Nongfu Spring’s listing, has not been solved, which has become a major obstacle to the stability of the stock price.

01

Annual report dismantling: earning over 7 billion, tea beverage performance contribution is better than competing products

According to the 2021 annual report of Nongfu Spring, the total income of Nongfu Spring last year was 29.696 billion yuan, an increase of 29.8% year-on-year; the net profit attributable to the mother was 7.16 billion yuan, an increase of 35.7% year-on-year; the cash flow of operating activities increased by 35.2% year-on-year in 2020 to 11.40 billion yuan. The company’s gross profit margin was 59.5%, which was basically the same as 59% in 2020.

In terms of products, packaged drinking water is still the pillar product of Nongfu Spring. In 2021, the annual revenue was 17.058 billion yuan, an increase of 22.1% over 2020, accounting for more than half of the total revenue and 57.4%. However, this proportion decreased to a certain extent from 61% in 2020.

After packaged drinking water, the annual revenue of tea beverage products in 2021 was 4.576 billion yuan, an increase of 48.3% over 2020, and the proportion of the company’s overall revenue increased from 13.5% in 2020 to 15.4%.

The third and fourth largest functional beverage products and juice beverage products accounted for the same percentage of total revenue as last year. Among them, the annual revenue of functional beverage products in 2021 was 3.695 billion yuan, an increase of 32.3% over 2020; the annual revenue of juice beverage products was 2.614 billion yuan, an increase of 32.2%.

In addition, it is worth noting that the contribution of other products represented by soda drinks, flavored beverages, coffee drinks, plant yogurt, etc. in the total revenue has increased to a certain extent, an increase of 1.4 percentage points over 2020, from 4.6% to 6.0% in 2021, and the annual revenue in 2021 is 1.75 billion yuan, an increase of 66.0% over 2020.

Nongfu Spring 2021 mixed happiness: make a lot of 7 billion, Zhong Shansui's net worth has evaporated hundreds of billions

Revenue Composition of Nongfu Spring by Product Category (Source: 2021 Annual Report)

Analysis of the reasons for the recovery of Nongfu Spring’s performance in 2021 shows that it is largely due to the overall recovery of China’s food and beverage industry last year.

In its annual report, Nongfu Spring pointed out that the national beverage production exceeded 183 million tons in 2021, an increase of 12% year-on-year. In 2021, the operating income of China’s beverage manufacturing industry increased by 13.5% year-on-year. Among them, the manufacturing industry of bottled (canned) drinking water increased by 12% year-on-year, the manufacturing industry of tea beverages and other soft drinks increased by 12% year-on-year, the manufacturing industry of fruit and vegetable juice drinks increased by nearly 14% year-on-year, the manufacturing industry of carbonated beverages increased by 19% year-on-year, and the manufacturing industry of milk beverages and vegetable protein beverages increased by nearly 11

It is not difficult to find that the growth of Nongfu Spring’s total revenue and sub-product revenue data outperformed the industry average. Intuitively, it does show a certain recovery ability of the company, but if the time line is extended, it can be found that the reason why the company’s operation improved significantly in 2021 has a lot to do with the decline in performance in 2020.

Data show that the total income of Nongfu Spring in 2020 was 22.877 billion yuan, down 4.8% year-on-year, which is also the first time in the past five years that the company’s revenue has declined year-on-year; the net profit attributable to the mother was 5.277 billion yuan, an increase of 6.65% year-on-year, which is also the company’s new low in the past five years.

Regarding the reasons for the decline in performance in 2020, Nongfu Spring has stated that the COVID-19 pandemic in the first half of 2020 and the floods caused by heavy rains in many provinces in China in July 2020 affected the company’s product transportation and product sales to some retail outlets, and also temporarily closed some retail outlets. At the same time, the epidemic has reduced consumers’ willingness to travel, and the implementation of measures such as wearing masks has also suppressed the sales of ready-to-drink products, which has a certain negative impact on the Group’s operating performance in 2020.

From this perspective, it is not difficult to understand that the company’s performance in 2021 has rebounded significantly after bottoming out.

Nongfu Spring 2021 mixed happiness: make a lot of 7 billion, Zhong Shansui's net worth has evaporated hundreds of billions

Nongfu Spring’s recent financial summary (data source: Wind)

In addition to the industry’s recovery drive in 2021, but from the perspective of product composition, Nongfu Spring’s performance boost in 2021 was mainly due to the growth in revenue of key products.

The "eye of the storm" of ifeng.com found that from the main products of Nongfu Spring – packaged drinking water, tea beverages, functional drinks, fruit juices, and other products, the largest increase in revenue during the reporting period was tea beverages, reaching 48.3%, which was significantly higher than that of Master Kong Holdings and Unified Enterprise China, which were also beverage companies. The growth rates of tea beverages in the latter two were 13.78% and 15.2% respectively.

Nongfu Spring’s tea drinks are mainly marked by two beverages, "Tea Pi" and "Oriental Leaf". According to the company’s 2021 annual report, last year marked the 10th anniversary of the launch of "Oriental Leaf". Under the trend of "sugar-free" diet, "Oriental Leaf", which was controversial in the past, has now become the leader of the sugar-free tea drink track. To further open up the market, the company launched two new flavors, "Green Orange Pu’er" and "Black Rice Tea", in the first half of 2021. In addition, in September 2021, Nongfu Spring also launched a "new" milk tea series, and three flavors were launched in one go – black tea milk tea, oolong milk tea and jasmine green; in December of that year, it further launched a new winter-limited flavor of cocoa milk tea.

The successive launch of new products has finally increased the current revenue of Nongfu Spring tea beverage products by nearly 50% compared with 2020, and recorded 4.58 billion yuan in the whole year, accounting for more than 15% of the total revenue.

In this regard, the CICC research report said that the outstanding performance of Nongfu Spring tea beverages was mainly due to the good performance of Oriental leaves, tea π and other classic product flavors and new flavors under marketing activation. The company seized the opportunity to take advantage of seasonal new osmanthus and oolong flavors to help the growth rate of Oriental leaves further increase, and the tea Spring Festival stocking also performed well.

02

After a year and a half of listing, the stock price roller coaster has evaporated

Nongfu Spring was founded in 1996, but only listed on the Hong Kong Stock Exchange in September 2020. The belated IPO bell has also drawn special attention to the beverage giant’s road to capital markets.

Since its listing, Nongfu Spring has indeed achieved a leap forward in its share price under the attention of many people. The share price on the first day of listing skyrocketed by more than 80%, from the initial issue price of HK $21.5/share to the intraday peak of HK $68.75/share on January 8, 2021. The share price has more than doubled in less than five months, and the total market value once exceeded HK $770 billion.

But then, the company’s share price took a nosedive and began to decline, giving back 25% of its gains in less than two months.

Nongfu Spring 2021 mixed happiness: make a lot of 7 billion, Zhong Shansui's net worth has evaporated hundreds of billions

Since the listing of Nongfu Spring,

Mobile power purchase and use must pay attention to these!

Mobile power supply, also known as power bank, travel charger, etc., is a portable charger that integrates power supply and charging functions, which can charge digital devices such as mobile phones and tablet computers anytime, anywhere. Common mobile power supplies are composed of batteries (blocks), protective circuit boards, shell packaging materials, thermistors, PTC (thermistor) and other parts.

Quality Analysis

From the results of supervision and spot checks in recent years, the unqualified items of mobile power supply products mainly focus on three indicators: identification, effective output capacity at room temperature, and conversion efficiency.

1

logo

This item mainly checks whether the mobile power supply body is marked with the name, model, rated input voltage and current, rated output voltage and current, rated capacity, battery or battery type and rated energy according to the standard requirements; products with multiple output ports also need to identify the total current value of the output voltage of the same file, and mark the rated output voltage and current of the port near each output port. If the total current value of the output voltage of the same file is not explicitly indicated, consumers cannot confirm whether the mobile power supply and electronic products match, which will trigger the corresponding charging protection to interrupt charging, and even cause battery fires and other hazards.

Qualified product legend

legend of unqualified products

2

Effective output capacity at room temperature

This project mainly checks whether the actual effective output capacity of the mobile power supply meets the requirements of the standard at room temperature. If the product has a false rated capacity and effective output capacity, it will mislead consumers, affect actual use, and even pose a safety hazard.

Unqualified product rated capacity identification

Measured result data

3

conversion efficiency

The conversion efficiency of the mobile power supply should comply with the express value of the manufacturer’s mobile power supply instructions. If not, it should not be less than 80%. The conversion efficiency is not up to standard, the loss during the power conversion process is too large, and consumers feel that the capacity is insufficient when actually using it, reducing the use experience.

Buying suggestions

Check product appearance and logo

When purchasing, you should carefully check whether the product identification and information are complete, and whether the product appearance is clean, no cracks, no corrosion, etc. The product should have the product name, model, rated capacity (rated energy), battery energy (battery capacity), factory name or trademark; the input and output ports should have the port name and rated voltage and current value; The packaging should be marked with safety warnings, production date or batch number, factory name and address; The repeated content of the packaging and the logo on the mobile power supply body must be consistent. For mobile power supplies without warning labels, no brand models, no input and output parameters, no execution standards, and no instructions for use, the purchase should be avoided.

Identify qualified products

Select the right product specification

The size of the capacity determines the amount of stored power, which directly affects the use time. It is an important reference for purchasing a mobile power supply. The larger the capacity, the larger the body size, and the higher the price. When purchasing, the cost performance and portability should be comprehensively considered according to the needs of use. In addition, when carrying mobile power products on the plane, relevant regulations should be followed. "The rated energy of the power bank does not exceed 100Wh, and it does not require the approval of the airline; the rated energy exceeds 100Wh but does not exceed 160Wh, and it can be carried after the approval of the airline". Among them, 100Wh is equivalent to a mobile power supply with 27000mAh battery energy, and 160Wh is equivalent to a mobile power supply with 43000mAh battery energy.

Rated energy over 100Wh logo

Pay attention to the production date and charger.

The closer the production date, the less the battery capacity of the product decays; choose a charger reasonably, and it is best to choose a charger that is the same manufacturer or compatible with the product.

Pay attention to check the production date and select the recently produced product.

View the "CCC" certification mark

From August 1, 2023, the state will implement CCC certification management for mobile power supplies. From August 1, 2024, those who have not obtained the CCC certification certificate and marked the certification mark shall not leave the factory, sell, import or use it in other business activities. Consumers should pay attention to check the "CCC" certification mark of the product when purchasing.

Tips for use

1

Pay attention to the charging voltage and current

Mobile power supplies are generally over-charged, over-discharged and other protection, do not wait for the use of electricity to exhaust the booster charge, will shorten the service life of the battery; read the product instruction manual in detail, according to the nominal parameters to charge, avoid using greater than the input voltage to charge the mobile power supply, to prevent damage to internal components and batteries, affecting the service life of the power supply.

2

Pay attention to the ambient temperature

Excessive ambient temperature will not only cause the electrolyte inside the battery to evaporate, causing serious damage to the battery, but also make it difficult for the mobile power supply to dissipate heat, which is prone to fire and explosion. During use or shelving, do not expose the mobile power supply to the sun, let alone put the mobile power supply in a car closed in summer. If the mobile power supply product is found to be abnormally hot under normal working or storage conditions, it should be stopped immediately.

3

Be careful to prevent short circuits

In daily use, products should avoid contact with water, beverages, metal parts or similar conductive media to prevent short circuits; avoid contact with heavy objects or sharp metal parts to prevent internal batteries from being deformed by heavy objects or pierced by sharp metals, which can easily cause explosions.

4

Pay attention to usage habits

Avoid charging and discharging as much as possible. Charging and discharging will increase the heat, causing the temperature to rise too high and damaging components. When charging and discharging, the mobile power supply should be placed away from flammable and explosive items. If the charging indicator light (device) shows that the product has been charged, the charging circuit should be disconnected in time.

5

Pay attention to daily maintenance

When not in use, charge the mobile power supply regularly, usually once every one to two months, to protect the battery’s activity.

Marvel’s ＂Avengers 3＂ Chinese farce, who should be blamed by the organizers’ fans？

Group photo of the creators of "Avengers 3" in China


1905 movie network feature Today, there is no greater event in the film industry than the red carpet and press conference held in Shanghai.

　

The directors, the Russell Brothers, made a collective appearance with four stars: "Iron Man" Robert Downey Jr., "Rocky" Tom Hiddleston, "Spider" Tom Holland and "Hulk" Mark Ruffano, in what can be described as the strongest lineup in the history of publicity in China.(Click here to watch the full report of the "Avengers 3" China conference)

　

The main creators appeared at the press conference one after another, and the red carpet interacted with Chinese fans at zero distance. The "heroes" are full of entertainment spirit, acting cute and constantly fighting each other, and they are also open to fans’ autographed photo requests, with full marks for affinity. (Click here to watch the full video of "Avengers 3" China red carpet)

　

However, in sharp contrast to the joy in the venue, outside the venue, the organizers caused controversy, complained and even criticized many fans from the previous publicity to the chaos in all aspects of the on-site organization. Let Xiao Dianjun take you back:

　

Live direct attack: Fans queuing up for a "Busan trip"?

　

In the face of a rare lineup of super-strong creators, Marvel fans have long been gearing up and preparing for a long queue. Many foreign fans have booked tickets and hotels in advance and arrived in Shanghai early.

　

Regarding this red carpet meeting event, the organizers had already stated on Weibo that the red carpet was open to fans for free without the need to purchase tickets, but there was no clear explanation of the queuing rules, the starting time of the queue, and the number of people who could be accommodated.

　

Most of the unknown fans chose to come to the scene a day in advance to survey the terrain, but when they arrived at the scene, they found that a large number of fans had gathered outside Disney Town.

[Live 1] Unruly "Night Platoon" can enter the venue?

　

According to users on Weibo, officials and on-site staff had promised that the "night line" (staying up late in line) would not work, and that the scene would be cleared at 11 pm, and fans would be asked to line up again tomorrow morning. Previous events such as the red carpet premiere in Disneytown also did not allow "night line" due to safety concerns.

　

Many fans obeyed and returned to the hotel, but there were still a large number of fans who were unwilling to leave. During this period, "fake news" came many times, and thousands of fans crowded and ran between multiple queuing points. The scene was once very chaotic.

At 1:44 a.m., Marvel Pictures’ official Weibo released a statement saying that "the fan area is saturated… Fans who cannot enter the red carpet area, please log in to the online live broadcast platform to watch the live broadcast of the red carpet". This means that fans who arrive early in the morning or leave early because "night rows are not allowed" are likely to lose the opportunity to face their idols.

　

Regarding last night’s timeline, the user @rosemary fell into the ancient circle and wrote on Weibo:

　

　"My timeline is:

Arriving at Disneytown at 8 o’clock, there was no queue. We went to take pictures near the red carpet and confirmed with the staff and security that there was no night queue.

Leave around 9:30 and prepare to go back to the hotel to wash up. In the early morning, a small number of people gathered at the entrance of Disney Town. The security guards did not know what they were going to do. The taxi was very easy to take and arrived at the hotel after 10:00

At 10:30, my little sister sent me the message that she was being squeezed and crying in Disneytown. Yes, she was squeezed and crying. She was not ready to wait in the night row. She was only going to step on the red carpet to see it. She couldn’t squeeze in at all. People went crazy from the red carpet to the gate of the town. As soon as there was a wind and grass, she began to run and make noise inexplicably

Between 11:00 and 12:00, the crowd grew more and more, the number reached 3000, and more and more people came to the night row after hearing the wind. The order was chaotic. Many people lost things, their feet were swollen, and the security guards held hands to circle people

From 12:00 to 1:00, in order to prevent accidents, people will be released. The security guard will randomly shoot the heads of the crowd, about 5 at a time, and then start to circle the people around the iron railing.

The sign was released around 1:30, and the Marvel official sent an apology to Weibo. The town was closed, and the people inside were at a loss, and the people outside were directly cleared. "

　

Another person, named @_JSW Silver _ went to step on the spot a day in advance, entered the night row by accident and squeezed into the first row of the red carpet. The netizens also restored the state of "night row" entry for us, mentioning that the scene was very chaotic, the crowd was crowded, and the phenomenon of colliding with security guards occurred repeatedly.


　

[Live 2] Fans who did not enter the venue were "walked by the organizers"?

On April 19, during the day, Marvel fans gathered outside the stadium


Outside Disneytown, although the official blog has issued a notice and the hope of admission is slim, a large number of fans still rushed to hear the news. This group of fans said that during the process, a staff member promised them that "as long as we cooperate well, we will definitely take us in," but later they were told that they could not enter the venue, and offered waiting fans three options: "Go to the lawn to watch the live broadcast; go to the Disney park to play for free; wait until it gets dark, it is useless."

　

The netizens at the scene @you are so cute to eat peaches, Fa said that during this process, fans tried to communicate with the staff many times, but due to the hot weather and excessive fatigue, fans also broke down and shouted, asking for explanations, and also had physical conflicts with security personnel.

　

Weak fans also fainted.

　

[Live 3] Is the red carpet a torment?

At this time, the fans who entered the red carpet area were also uncomfortable, and going to the toilet became a big problem. At first, there was no special toilet passage or bracelet, so if you wanted to go to the toilet, you could only choose to endure. Although there was a "toilet passage" in the later stage, leaving the team to go to the toilet was basically equivalent to giving up your position. Under the scorching sun of nearly 30 degrees in Shanghai, "it was hot, no water, no food, and I stayed up all night", which was very torturous.

　

In addition to the chaotic organization of the organizers, some netizens objectively pointed out that fans also disobeyed order, littering, defecating, and other uncivilized behaviors.

　

If he had known that "Mr. Hai" would not come, but he did not press the watch, "Little Spider" would become the pick-up man?

　

For the star lineup promoted in China, Marvel Studios has always announced "Iron Man", "Rocky", "Thor" and "Hulk".

　

　

However, on the afternoon of April 17, the official blog suddenly released a message saying that "Thor Chris Hemsworth will not be able to come to the Chinese red carpet due to itinerary conflicts." In fact, there were reports on the Internet a few days ago that some guests could not attend, but the organizers did not respond or refute the rumors. PartFans questioned in the comment area that the organizers had known the news, but delayed the announcement, which made many "Thor" fans go for nothing.

　

Until last night, a day after "Thor" announced that he would not be able to attend, the top news on Marvel Studios’ official Weibo was still the "four-person lineup" initially announced, which would inevitably mislead fans.

　

Some fans noticed that just one day before Thor announced his "withdrawal", "Spider" Tom Holland posted a video on a social networking site announcing that he would promote Shanghai in the future, and was later called "Spoiler King" by the official blog, saying that it was originally a surprise, but was turned into a "spoiler" by Spider.

Fans suspected that the official knew that "Mr. Hai" was not coming early, and pulled the little spider to save the scene, but for various reasons, he pressed the watch.

　　

Marvel’s 10th Anniversary Celebration Becomes a Chinese Star Concert?

　

In addition to the lack of effective organization on the red carpet, another event of Marvel’s China tour, the "Marvel Movie 10th Anniversary Celebration", has also been complained by many fans.

　

Chinese artists including Zhang Jie, Jane Zhang, Joey Yung, Aaron Yan, Chen Mingjia and Luo Xiaobai will join hands to join hands in the Marvel 10th Anniversary Celebration, which begins at 5 p.m., according to an official Marvel Pictures Weibo account.

　

　

　

Once the news was released, many Marvel fans questioned: this is a commercial event jointly held by the promoters and sponsors, and there is no direct connection with "Marvel 10th Anniversary". Many fans said that "Marvel is already popular enough in China, and it does not need Chinese stars to help out." Some fans also questioned that these Chinese stars are called to help out, but in fact they are rubbing Marvel’s popularity.

　

On the other hand, fans of Chinese artists are also impatient, emphasizing that Chinese stars are officially invited by Marvel and do not participate in red carpet activities. They are not riding on one’s coattails. I hope Marvel fans can respect each other.

　

A wave of unresolved waves began again, and the issue of ticket allocation for this celebration triggered a new round of "scolding wars". First, the live broadcaster "Tencent" and the fan accounts of the star guests drew a large number of "non-Marvel fans" to give tickets, causing dissatisfaction among Marvel fans. "Marvel’s tenth anniversary celebration should be reserved for real Marvel fans."

　

Then, the lottery process of "Marvel Pictures" official Weibo "Celebration Admission Ticket" was questioned by fans. The original lottery Weibo did not mention the need to follow the two Weibo accounts, but this condition appeared in the detailed description of the lottery results, causing many fans to question the fairness and effectiveness of the lottery process.

　

In response to this issue, Marvel officially apologized and offered an additional 10 tickets.

　

As expected, the celebration that just ended turned into a platter concert of various celebrities. Marvel stars only appeared at the beginning and end, becoming proper "supporting roles".


Eason Chan first called the members of the "Avengers" "Superman" at the scene. Although the translation in Hong Kong is different from that in mainland China, it would be disrespectful for Eason to call the "super" of the Justice League at the 10th anniversary celebration of the Avengers.

The final group photo session was even more embarrassing to the point of being complained by fans. It was obviously a reunion celebration, but the host asked the members of the reunion "would you mind step aside" (please step aside) to line up to welcome Chinese stars one by one and accept the cheers of fans.

When taking a group photo, Eason Chan occupied the "C position", and the "founder" Iron Man was instead squeezed to the side. No wonder fans complained: "Marvel’s tenth anniversary, the comparison between Nini’s photo and the poster is simply, is this Marvel or whose tenth anniversary?"

Compared with the other two stops of the Asian tour, South Korea and Singapore, although each has its own shortcomings, the red carpet of the two countries has chosen to be linked to charity, and the promoters have also arranged for Marvel members to visit welfare institutions and other public welfare activities. In comparison, is it more meaningful and more heart-felt than an unknown star platter concert?

"The Avengers" has a strong fan base in China, and the "Avengers 3" main creators came to China to promote it. "Marvel’s 10th Anniversary Celebration" was supposed to be a big party for Marvel members to celebrate and interact with Chinese fans.

As Spider-Man said, "with great ability comes great responsibility," but as the organizer of the event, Marvel Studios’ propaganda department in China apparently failed to achieve this. One after another, the information was not released in a timely and unclear manner,The number of fans and the capacity of the scene are seriously underestimated.The problems of unclear marking and chaotic organization not only consumed the enthusiasm of Chinese fans, but also brought many security risks.

　

With the end of the celebration, the Marvel China tour came to an end. Xiao Dianjun only hopes that the organizers can face all kinds of controversies head-on and make convincing explanations and reflections on the public after the event. Other movie promoters can also learn from this. In the next Hollywood China tour and fan meeting, stars and fans can interact more happily.

Li Ying, CEO of Xiaodu Technology： Xiaodu hopes to become an AI partner that everyone can have

Since the concept of artificial intelligence was proposed, we have deeply felt its impact like a stormy sea. As an established technology giant, the AI strategic layout of OpenAI, Microsoft, Google, and Apple not only profoundly affects the trend of the global technology landscape, but also makes the new era of AI come quietly.

In the era of AI changing the end point of intelligence, educational hardware must also face the "upgrade and reinvention" of AI. Since May, a number of educational technology companies have launched a "competition for hegemony" with the AI big model on the learning machine. So, under the impact of AI intelligent technology, what changes will happen to education?

In the era of AI intelligence, education’s "changes" and "new opportunities"

At the Baidu 2024Create conference in April this year, Xiaodu officially announced the upgrade of the DuerOS X operating system, which is the "new brain" equipped with the Xiaodu learning machine Z30, which is reconstructed based on the Wenxin model and is also the world’s first AI native operating system.

At the meeting, Li Ying, CEO of Xiaodu Technology, proposed a refreshing concept: the "brain-changing revolution", that is, replacing the deep learning that previously drove intelligent software and hardware with the "strongest brain" of the big model. After the "brain-changing revolution", based on the more powerful cognitive, perceptual and generative capabilities of the AI big model, human-machine interaction will be completely changed, and machines will have more powerful capabilities, which will in turn give birth to a large number of application-layer innovations.

As Li Ying mentioned when discussing the significance of big models in education: "Creative children will be more likely to stand out in the AI era, and they will also change the world with AI thinking." AI education, which comprehensively reconstructs educational software and hardware using big model technology, has also changed the traditional education model and become a major event in the current "intelligent" change of education.

Xiaodu’s new brain + native operating system DuerOS X

Xiaodu, even ahead of Apple into the race, was the first to provide a new answer to AI education.

On May 27, Xiaodu released the next-generation product, the Xiaodu learning machine Z30, the biggest highlight of which is the construction of the Baidu ERNIE Bot model, which redefines the "AI teacher" and becomes the first true "AI education hardware".

The AI big model has become a must-win for education hardware giants. So, when education technology companies are entering the big model, why is the small learning machine Z30 the first to redefine AI teachers?

The reason is that the Xiaodu learning machine Z30 has revolutionized the way of learning. On the basis of the assisted learning of traditional learning machines, it provides new values such as good guidance, individualized teaching, scene interaction, natural interaction and caring companionship, leading the education hardware from "intelligence" to the "AI era". Play the role of an excellent teacher in the seven major links of planning, diagnosis, practice, learning, preview, parenting, and Q & A, and realize anthropomorphic interaction and communication to achieve caring and accompanying education in offline classrooms.

Let Xiaodu become a ubiquitous AI partner

Xiaodu has upgraded the new "brain" of DuerOS X, not only giving birth to the Tiantian AI tablet robot, but also connecting to Xiaodu smart speakers and smart screens, Tiantian girlfriend machine, Xiaodu fitness mirror, intelligent learning tablet, Xiaodu whole house intelligence, becoming the user’s AI girlfriend, AI coach, AI tutor, AI housekeeper, and AI partner with more varied roles. In the future, the role of all Xiaodu users will also change, no longer as the operator of the device, but as a participant who truly enjoys life.