Economic observation of original half-moon sports

Author: half moon

Words in this article: 3366 words

Suggested reading time: 11 minutes

After the long-lost offseason, the starting signal of F1 finally lights up again.

On February 29th, Beijing time, the opening match of the 2024 F1 season started in bahrain international circuit. In the first race of the new season, Red Bull Team still maintained a strong performance. In 2023, driver champion Vestapan and teammate Perez won the championship and runner-up, while the five major teams-Red Bull, Ferrari, McLaren, Mei Ben and Aston Martin-won the top ten.

In the competition for the "Earth Group", Guanyu Zhou of Sauber Team won successfully and achieved the 11th place. Bahrain can be called the "blessed land" for China drivers. In the mid-2022 season, Guanyu Zhou’s F1 "debut" was staged in Bahrain, and the first show, the tenth successful score, surprised the paddock.

For Sauber, Guanyu Zhou’s stable performance in the past three years has lived up to their vision of material selection. However, as a "small team", Sauber needs to tap the potential of the car and introduce more resources to support it if he wants to make further progress in F1.

Sauber will wait for another two years, and in the 2026 season, Audi will start to enter the market.

The second plum blossom? Audi wants to acquire 100% equity of Sauber Team.

Before talking about Audi’s entry into F1, let’s review several key nodes.

First, at the end of August 2022, Audi officially announced that it would enter F1 in 2026. Marcus duesman, then chairman of Audi’s board of directors, said that it is an excellent opportunity for Audi to enter F1 by adopting the new competition rules of power unit in 2026.

Second, on October 26th, 2022, Audi officially announced that it would choose Sauber as its strategic partner to enter F1. Sauber will compete as an Audi factory team and use the power unit provided by Audi.

Third, in January 2023, Audi officially announced the acquisition of a minority stake in Sauber. Duesman, the former CEO of Audi, planned to gradually acquire most of Sober’s shares through a three-year plan. However, according to recent reports, Gernoth dorna, who took over from duesman, adjusted his plan to seek 100% control at the end of 2023. It is rumored that Oliver Hofmann, chief technology officer of Audi, will step down as CTO and take over the F1 project.

Audi wants to hold 100% of Sauber, just like the heart of Si Mazhao, which is well known. Audi’s ambition to enter F1 is nothing more than trying to make some achievements in F1. The last time a well-known car brand that was talked about by car fans bought a team and entered F1, it was also the German Trident. At that time, Mei Ben, also known as Durham Group, and its partner Aabar Investment Company acquired 75.1% and 24.9% shares of Brown GP Team in November 2009 and February 2011, respectively, and formally entered the paddock.

With strong R&D and investment, Mei Ben started the Eight Crown Dynasty. Also backed by the powerful Volkswagen Group, there is no reason for fans not to believe that Audi will make a breakthrough in the paddock, and even "re-carve" Mei Ben’s achievements.

The way to enter F1 is not only to acquire the existing fleet, but also to "expand the army". Why not choose the latter? Cost and adaptability may be the two major factors that Audi chooses to acquire.

Compared with the way of "expanding the army", the cost of Audi’s acquisition of Sauber team to enter F1 is obviously lower. Especially considering the overall appreciation of F1 events, letting a new team join means that the profits of 10 teams are less now. The lack of "cake" is obviously not happy for those with vested interests.

According to the 2023 financial report released by Free Media Group a few days ago, the total dividends of 10 F1 teams increased from $1.157 billion in 2022 to $1.215 billion in 2023.

In 2023, Team Andreetti of the United States has publicly stated that it wants to join the ranks of F1. Even though the FIA’s attitude is to expand the F1 market, especially the American market, nothing happened in the end. The prerequisite for Andreetti team to join is to pay a fee of 200 million US dollars, which is equivalent to buying F1 seats to compensate other teams.

The cost of $200 million is not a stumbling block for Audi, but it is the most difficult to win the consent of the other 10 teams. The lobbying cost and time cost involved are the most "expensive" for Audi. Instead of stumbling, it is better to buy a "Earth Group" team directly.

Secondly, the acquisition of Sauber will also enable Audi to retain the main team working structure after entering F1. As the apple of today’s motor racing, the operation of an F1 team involves many aspects, and these staff will play a key role in helping Audi to adapt to the pace of the paddock. Although Audi has a long history in racing, the German brand still needs to learn and adapt in F1.

According to foreign media reports, in the three years from 2023 to 2025, Audi will acquire 75% of Sauber’s shares for 450 million US dollars, while Sauber’s team’s valuation is about 600 million US dollars. This figure is less than 1% for Audi Group, which earned more than 61.8 billion euros (about 67 billion US dollars) in fiscal year 2022.

The new regulations in 2026 are in line with Audi’s strategic goals.

The importance of power unit to F1 racing car, I believe fans must know it very well. In August 2022, the FIA officially announced that in the 2026 season, the brand-new F1 power unit will be officially implemented. This will be the biggest change in the F1 power unit since the application of the V6 engine of the hybrid power system in 2014.

The most obvious change is that the new power unit puts more emphasis on electric energy and sustainable fuel. The power output of the new power unit will be tripled, and the transition from 120kW to 350kW motor-generator will bring more power. After introducing more powerful electric energy, the peak output of the system will exceed 1000 horsepower. The application of sustainable fuels has always been the direction of F1 efforts. F1 aims to fully use 100% sustainable fuel in 2026. These two tasks will make F1 stadium more environmentally friendly.

It is worth mentioning that the key to Audi’s entry into F1 is that the FIA abolished the energy recovery system called MGU-H in the new regulations in 2026. In short, MGU-H can provide power for MGU-K by converting thermal energy in exhaust gas into electrical energy, and the latter’s function is to convert kinetic energy generated during braking into electrical energy.

As a very advanced and complex technology, MGU-H is very expensive to build and is one of the more expensive parts in racing cars. So this is also a power component that many teams and engine suppliers want to abolish. Audi is willing to join the F1 competition because the MGU-H parts are excluded from the new regulations.

Under the new rules of power unit, it means that all teams will return to the same starting line. This is undoubtedly good news for the new Audi. Otherwise, if F1 is added before 2026, the power unit that has been used for two or three years will be equivalent to "invalid" in the 2026 season. From the perspective of time cost and money cost, it is obviously not in line with the actual situation. Then under the new rules, Audi and other teams set off at the same starting line.

In the final analysis, "electrification, environmental protection and sustainability" is still the core of Audi’s entry into F1, which is also where the new regulations in 2026 are in line with the strategic objectives of Audi Group. From the company level, audi ag has been emphasizing electrification and sustainable strategy in recent years. In March 2021, Volkswagen released the "ACCELERATE strategy", one of which was to accelerate the electrification transformation.

As for 100% sustainable fuel, it has always been the development goal of Volkswagen Group. The goal of German automobile brands is to achieve carbon neutrality in 2050.

Thus, from the strategic goal, the new F1 power unit regulations in 2026 are in line with the efforts of Audi and Volkswagen Group. This can partly explain why Audi chose to enter F1 in 2026.

Audi entered F1 for what?

Audi or Volkswagen has long been expected to enter the F1 track.

The reason lies in Audi’s accumulation in motor racing. Fans who are familiar with Audi brand or motorsport must know that Audi’s important DNA is motorsport spirit, and this brand has a history of 100 years. German brands have appeared in world-famous automobile races, and have achieved brilliant results in many races, but they have not appeared in F1 at the top of the pyramid in the form of motorcades.

Audi’s last and most important piece of racing puzzle will finally be put together in 2026. With the addition of Audi, F1 has added more attractions and topics. For Audi, there have been many opportunities to join F1, but why did it not enter until now? The reasons behind it are worth exploring. In my opinion, there are four main reasons.

First, the rising value of F1 events. After the free media group took over, the income and attention of F1 events increased greatly. According to the 2023 financial report of Free Media Group, the total revenue of F1 in 2023 was $3.222 billion, a year-on-year increase of 25%, and the operating profit also increased from $239 million to $392 million, a year-on-year increase of 64%.

The rising revenue of F1 events means that the penetration of motor racing is deepening to some extent. Then Audi, whose brand DNA is motorsport, has no reason not to join in today’s F1 race. With its years of experience and technical accumulation in motor racing, Audi’s journey in F1 may bring surprises to fans.

Secondly, it is the brand strategy of F1 and Audi. As mentioned above, Audi has accelerated the transformation of electrification. Under the application of the new rules, Audi can transfer the technology of hybrid power unit to the commercial models in the future through the practice in F1. It is foreseeable that electric vehicles will become the mainstream of the automobile market in the near future, so the technology and experience acquired by Audi in F1 will enhance Audi’s competitiveness in the wave of electrification.

In addition, it is Audi’s strategy of deepening youth and digitalization, which is also what F1 has been doing in recent years. The documentary "Drive to Survive" co-produced by F1 and Netflix created many highlights and topics for this event on streaming media, and successfully attracted a large number of new fans. A considerable part of these fans are young audiences, and Audi is also a car brand that emphasizes youthfulness. For Audi, this young audience may be one of the potential consumers of Audi’s target. Therefore, Audi’s brand strategy is consistent with the audience of F1 events today, which is also an important factor.

The third point is that both F1 and Audi are eyeing the China and American markets. China is Audi’s largest market in the world, accounting for 38.37% of its sales in 2023. China’s first F1 driver, Guanyu Zhou, played for Sauber, which cooperated with Audi. To some extent, this has promoted the development of motor racing in China. However, it is still unknown whether Guanyu Zhou will continue to play for the team in 2026. But what is certain is that Audi wants to continue to increase its market share in China, and Guanyu Zhou is their best choice.

As for the American market, it is also an important target of Audi’s efforts. In the American market in 2023, Audi sold 228,000 new cars, a year-on-year increase of 22%. At the same time, the United States is also a key market for F1. In the F1 race of the 2024 season, the United States occupied three sub-stations. This is enough to show the importance of the American market to F1. In other words, Audi can join hands with F1 to enhance its influence in the American market.

Finally, the key factor is that domenicali, the chairman and CEO of F1, once worked in Audi Group. In the process of Audi’s decision to enter F1, the "lobbying" role played by Italians was not ruled out. Domenicali, who has been at the helm of F1 since January 2021, once said that he would like to see more new manufacturers join F1.

In my opinion, rather than saying that Audi wants to join F1, F1 also wants Audi to join-several world-renowned automobile brands compete for the championship in F1, which will inevitably make the attention of the event by going up one flight of stairs, enhance the attention and correspondingly increase the income of the event. Therefore, the ultimate beneficiaries of Audi’s participation in F1 may be F1 events and the 10 teams in the paddock.

After all, everyone is good, which is really good.

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Original title: "Audi joined F1, who climbed who? | Sports Events

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Strong > When you see the wrench icon on the dashboard of Ruifeng M3, don’t worry, it’s just a signal of the maintenance reminder light. To eliminate this display, you need to follow the following steps:

1. First, make sure the vehicle is turned off, and then find the reset button next to the dashboard.

2. Next, press and hold the reset button and turn on the ignition switch at the same time. Release the button when the clock and mileage display completely disappear.

3. Press the reset button again, turn off the ignition switch at this time, and wait for the wrench prompt light to flash. When the light no longer flashes, it means that the reset is successful and the button can be released.

The purpose of the maintenance indicator light is to remind the driver to maintain the vehicle in time to ensure the performance and safety of the vehicle. If the maintenance light does not return to zero after the vehicle has driven for a certain mileage, it will still light up even after maintenance.

For Ruifeng M3, the first maintenance of a new car should be carried out within 6 months or 6,000 kilometers (whichever comes first). This service is free, including changing the oil and oil filter, and conducting a comprehensive inspection of the vehicle. After that, it is recommended that you carry out routine maintenance every 6000 kilometers or 3 months.

There are two power combinations: 2.0L self-priming and 2.5L hybrid. The driving experience and power performance of 2.5 hybrid are better, but the price is much higher. Therefore, many people pay attention to the Willanda 2.0L model. After all, the price of the 2.0L model is lower. Onion test-drove the version of Willanda 2.0L some time ago. Generally speaking, the power of 2.0L is not good, but for most people, there is no need to worry at all, and it is still brisk and heel-following when driving everyday, but its power is also insufficient.

Today, the "2023 Toyota Velanda 2.0L Two-wheel Drive Luxury PLUS Edition" model reviewed by Onion is a two-wheel drive sub-top model of Velanda, with a discount of 14,000 yuan at the terminal and a bare car price of 187,800 yuan. Deluxe PLUS is a newly added enhanced version this year. The Deluxe PLUS version has been upgraded with 12.3-inch LCD instrument, segmented panoramic sunroof, co-pilot power seat and other configurations.

[Satisfied]

Willanda and the shared platform are built, while Willanda’s body length is longer, and Willanda’s appearance looks milder. In fact, this car of Willanda is also available in Southeast Asia and some European countries, just hanging Suzuki LOGO, which proves that the design of this car is very good. After the experiencer (height 175 cm) adjusts his sitting posture, there is still more than two punches between his legs and the back of the front seat, so adults with normal body will not feel crowded; Secondly, the ride comfort is better. The rear seat cushions of the two cars are long enough and thick enough to have a certain sense of sinking. At the same time, the backrest supports multi-angle adjustment, with handrails and cup holders; In addition, it is equipped with a rear air conditioning air outlet and dual USB charging ports; Finally, the backrest of the seat supports equal proportion falling down, which can maximize the space of the trunk and has good flexibility.

[dissatisfied]

Compared with the hard-core and wild appearance, seeing the inside of Willanda’s car will make people have the illusion of going back to the past. The overall layout is regular, the functional area design is also very clear, and it is also equipped with a floating central control screen. This central control screen looks awkward, like an old LCD TV, not only thick, but also quite large. The materials used in the car can only be said to be average, and a large area of hard plastic can be seen everywhere, and the sense of grade is naturally worse; Fortunately, there are leather materials with stitching technology, chrome trim and piano paint to neutralize this roughness. Finally, there is a bulge in the center of the floor, which is not very high, but it will also have a certain impact on the passengers in the middle of the back row; Moreover, the seat in the middle position is hard, and long-term riding will inevitably induce fatigue.

[Driving experience]

The Wilanda 2.0L model has a maximum horsepower of 171 horsepower and a maximum torque of 206 Nm. The parameters are very general, but the driving performance is much better than expected. First of all, it is very light at the start, and the whole power output is also linear and heel-following. When driving in the city, there will be no feeling of insufficient power at all.

At high speed, when the speed exceeds 80km/h and then accelerates, the dynamic performance is more general. At this time, if you step on the accelerator deeply, the noise of the engine will be much more obvious than the acceleration feeling. However, as long as you don’t overtake continuously, this kind of motivation is enough.

[Chassis performance]

In the past, the suspension adjustment of Japanese cars was basically based on comfort, and it was more or less accompanied by some looseness. Willanda, on the other hand, is completely different. The chassis as a whole is tougher, with good integrity and support, and there is no loose feeling at all.

In shock filtering, after the texture of the surface layer of the road surface is smooth, the remaining bumps will be transmitted to the car with a relatively crisp feeling. However, in the event of a big bump, Willanda’s performance is relatively average. The rear stroke of the shock absorber can be said to be very hard, and the texture of the chassis seems to have returned to the level of Japanese cars.

[Fuel consumption]At present, the comprehensive fuel consumption of this car is about 9 liters per 100 kilometers, which is not much different from that of the fuel SUV of the same level. Most of the application scenarios of this car are in cities, and there is no way to reduce fuel consumption.

[Summary]

Willanda has an appearance suitable for all ages, with a well-regulated space and more than enough for home use; The seat is more comfortable, and the chassis texture is much better than that of previous Toyota cars. However, its interior materials are very general, the engine noise is too high, and the car system can achieve basic functions, but its display effect and fluency need to be improved. Generally speaking, Willanda can do it without pursuing a sense of science and technology, and pursuing comfort at home and easy driving of vehicles.

　　Sino-Singapore Jingwei client November 8 (Zhao Jiaran) The "double 11" war has started ahead of schedule. Next week, besides preparing enough "chop hands" budget, there are also these heavy financial events that may affect your "wallet". Let’s watch it in advance!

　　Data release

　　Next week, China will release the data of M0, M1 and M2 in October, as well as the data of CPI and PPI in October. The United States will release October CPI, PPI, etc., and Germany will release November ZEW economic climate index, October CPI and other data.

　　Market hotspot

　　First, October CPI, PPI, M2 and other data will be released.

　　On November 10th and October, CPI and PPI will be announced. Many institutions expect that CPI is expected to continue to narrow in October. In addition, the data of M0, M1 and M2 in October will be released on November 11th.

　　CICC recently released a research report, predicting that the year-on-year growth rate of CPI will drop from 1.7% in the previous month to around 0.5% in October, and may further decline in November. However, the year-on-year growth rate of non-food prices may be relatively stable, and the year-on-year growth rate of service prices may improve. It is expected that PPI will maintain positive growth in October, and the year-on-year decline will narrow slightly from 2.1% in September to 2%.

　　According to a research report released by soochow securities, the recovery of PPI in China is still strong, and consumption and investment are accelerating. In September, the manufacturing PMI rose by 0.5% month-on-month, and the decline of PPI is expected to narrow in October, and it is expected to close at -2.10% year-on-year. In addition, M2 is expected to close at 10.5% in October.

　　Second, the peak period of "double 11" express delivery is approaching.

　　The State Post Bureau held a special press conference on service guarantee in the peak season of express delivery business. According to reports, the peak season in 2020 ranges from the beginning of November to the eve of the Spring Festival in 2021 (February 12), totaling 103 days. Among them, during the "double 11" period (November 11th to 16th), there will be a peak season, and it is estimated that the daily average express delivery business volume will reach 490 million pieces, which is about twice the daily business volume.

　　According to the State Post Bureau, this year is the 11th peak season for the postal express delivery industry to systematically organize and meet the express delivery business. At present, the enterprise has added 490,000 temporary workers, 100,000 vehicles and 5.39 million square meters of processing space, increased transportation capacity reserves, and added high-speed rail express lines.

　　Third, in the fourth quarter, the voucher-type savings bonds was issued on the 10th.

　　According to the Ministry of Finance, in the fourth quarter, savings bonds will start issuing on October 10th and November 10th respectively, and the electronic savings bonds will be issued on October 10th with a term of 3 years and 5 years, with annual interest payment. On November 10th, savings bonds with certificates was issued, with a term of 3 years and 5 years, and the principal and interest will be repaid in one lump sum.

　　It is reported that the two issues of treasury bonds are issued to individuals at face value, and the sales face value must be an integer multiple of 100 yuan. The two issues of national debt are registered national debt, registered in real-name registration system, which can be reported as loss, but not negotiable. Two issues of treasury bonds may not be redeemed in advance during the issuance period, but may be redeemed in advance after the issuance period. The early redemption business can only be handled through the counter of the business outlets of the members of the underwriting syndicate.

　　Four, the central bank’s open market 320 billion yuan reverse repurchase expires.

　　Wind data shows that there will be 320 billion yuan of reverse repurchase due in the central bank’s open market next week (November 7 to November 13), including 50 billion yuan, 120 billion yuan, 120 billion yuan, 30 billion yuan and 0 yuan from Monday to Friday respectively, and there are no repurchase and central bank bills due.

　　Stock market outlook

　　I. Opportunities for new shares

　　Wind data shows that next week, two new shares will be listed first, and eight new shares will be purchased online.

　　On November 9th (Monday), N Wantong (stock code 830839.OC) and N Haosen (stock code 688529.SH) will be listed soon. Among them, N Wantong is a professional equipment manufacturer dedicated to the design, development and manufacture of hydraulic machinery products; N Hausen specializes in intelligent equipment, assembly technology and comprehensive solutions for complete sets of customized products.

　　On November 9th, three other companies subscribed, namely Dezhong (stock code: 838030.OC), Kangping Technology (stock code: 300907.SZ) and Huichuangda (stock code: 300909.SZ).

　　On November 10th, Northland (stock code: 430047.OC) will make a subscription.

　　On November 11th, three new shares were subscribed, namely Zhongjing Food (stock code: 300908.SZ), Mingxin Xuteng (stock code: 605068.SH) and Zhongkong Technology (stock code: 688777.SH).

　　On November 12th, Cube Pharmaceutical (stock code: 003020.SZ) will make a subscription.

　　Second, institutions look at the market

　　Gf securities: how to grasp the "production expansion" cycle of export chain?

　　A shares exclude the profit growth rate of the third quarterly report of finance -5.92% (the profit growth rate of the interim report is -25.04%). Non-financial A-shares recorded the highest Q3 quarter-on-quarter growth rate since 2003, and we revised the A-share profit forecast for the whole year. Under the assumption that the epidemic will not affect the large-scale asset impairment, it is predicted that the annual non-financial net profit growth rate of A shares will increase to double digits.

　　On the whole, in the past 20 years, the "three-table repair"+production capacity has been cleared, but the medium and long-term economic growth expectations are weak, and the enterprise’s "expansion of production" is all ready, and it still lacks the east wind; Structurally, the epidemic has reshaped the global industrial chain, and China’s export chain boom is expected to continue to improve, which is expected to start a new round of "production expansion" cycle.

　　Huajin Securities: The total amount of funds has shrunk slightly, and some pro-cyclical sectors have been added.

　　Looking ahead, it is possible that the total amount of A-share funds will tend to be stable; The total amount of new shares issued in October decreased compared with the previous month. At the same time, the rate of reduction of industrial capital in October also declined, which is expected to reduce the contraction pressure of A-share funds. However, it is worth noting that Public Offering of Fund’s positions, especially those of partial-share funds, are still at a relatively high level, and may face some pressure of position contraction in the future. It is necessary to continuously observe whether the incremental funds brought by fund issuance can cover possible fund position fluctuations.

　　The change trend of capital preference from the third quarter to the present: short-term funds turn to pro-cyclical and optional, while medium-and long-term funds pay more attention to pro-cyclical, and the intention of holding positions within technology consumption is divided.

　　Southwest Securities: New Kinetic Energy of Digital Economy Growth in 2021

　　Thoughts on stock selection in overseas industries With the Internet industry entering the second half, the competing growth among giants and the need to expand their ecology, this paper puts forward some differentiated views, such as paying attention to the ecological opening dividend of giant private domain traffic, paying attention to the cognitive gap of Internet enterprises in China, and paying attention to the overseas dimensionality reduction output of Internet models.

　　Looking forward to 2021, we will continue to pay attention to China’s Internet enterprises and spillover industries, with high-quality growth at home and new expansion overseas. With the decline of uncertainty of domestic epidemic situation, the consumer Internet field focuses on the habit solidification of epidemic situation, while the industrial Internet field focuses on value creation and C-side integration. With the uncertainty of overseas epidemic situation, we will continue to pay attention to the behavior solidification of the "home economy" industry overseas and the low-dimensional penetration of the domestic Internet model. It mainly focuses on three growth points: traffic production and precise directional distribution, data production factors and industrialization, and diplomatic geographical advantage dividend. (Zhongxin Jingwei APP)

In the past few years, the production pattern of renewable diesel in the United States has undergone tremendous changes, similar to the growth of ethanol and biodiesel in the past two decades. Driven by federal and state emission reduction policies, the substantial increase of renewable diesel production and capacity in the United States is causing a major market-changing change in domestic and foreign raw material trade. Like biodiesel, renewable diesel is produced from the same renewable raw materials, such as vegetable oil, animal fat or waste cooking oil (UCO). The difference is that renewable diesel oil is produced by hydrogen treatment, which makes its chemical properties the same as petroleum diesel oil, so it can be mixed at a higher level and transported by existing pipelines. Therefore, the United States is rapidly expanding the import of animal fat and vegetable oil, which are not only used as raw materials for renewable diesel production, but also supplement other raw materials that have been transferred to renewable diesel production, such as soybean oil. At home, the US soybean crushing capacity has expanded to produce more soybean oil, because of the high price of soybean oil and strong crushing profit margin. Despite the increase in domestic demand, the export volume of American soybeans declined due to the increase in Brazil’s supply and the slowdown in global import demand. In addition, the premium of soybean oil in the United States soared far higher than the global vegetable oil price, which led to a sharp drop in US exports, and the United States became a net importer of soybean oil for the first time in 2023. The increase in soybean crushing has a negative impact on soybean meal exports, because the abundant supply of soybean meal, coupled with the drought in Argentina, the world’s largest soybean meal exporter, has promoted exports and is expected to continue to grow.Although many uncertainties may affect the market of biofuels, animal fats and oilseeds in the United States, the output of renewable diesel oil is expected to continue to grow and change the raw material market. However, the output growth rate will be highly dependent on federal and state policies, raw material supply and the continuous growth of soybean meal exports in the United States.

According to CCTV news, on the morning of July 12th, a company named "Fujian Zhuoyue New Energy" in xinluo district, Longyan, Fujian caught fire and smoke billowed from the scene. At present, Longyan local fire brigade Wu and forest fire brigade rushed to the scene for disposal.

According to the introduction of the fire rescue departments in Fujian Province and Longyan City, the fire broke out in the tank farm of Zhuoyue Company’s workshop, with three tanks, mainly storing waste oil, vegetable oil and biodiesel, and there were several large and small tanks around. After preliminary investigation, as of 14: 00, the fire caused two employees in the factory to disappear and two were injured, one of whom was seriously injured.

(Source: CCTV News)

It is reported that Fujian Zhuoyue New Energy was listed in science and technology innovation board on November 21, 2019, and its stock name is Zhuoyue New Energy, which is called "the first share of biodiesel in science and technology innovation board".

According to the data of official website, Longyan Zhuoyue New Energy Co., Ltd. was established in 2001, which is an enterprise specializing in the R&D, production and sales of biodiesel and derivative industrial glycerin by using waste oils such as waste cooking oil and acidified oil.

The 2019 annual report shows that Zhuoyue Xinneng’s total revenue in 2019 reached 1.295 billion yuan, a year-on-year increase of 27.22%; The net profit attributable to shareholders of listed companies was 216 million yuan, a year-on-year increase of 61.25%. According to the company’s relevant research report released by Essence Securities, Zhuoyue Xinneng has a complete industrial chain of biodiesel, and its export volume ranks first in the national industry for many years. In 2019, biodiesel exports reached 187,800 tons, up 23.0% year-on-year, mainly exported to the European Union.

As of July 12, the total market value of Zhuoyue Xinneng was about 6.984 billion yuan, and its share price was 58.2 yuan/share.

Text/Yangcheng Evening News All-Media Reporter Zhang Aili　

Figure/provided by respondents

When is the best time to buy a car in a year? Undoubtedly, during the Guangzhou International Auto Show! Not for anything else, just because at this auto show, many car companies are scrambling to launch new cars, giving consumers more choices.

Cadillac: CT6 Champion Edition Landing at Guangzhou Auto Show

The Cadillac brand located in Hall 2.1 brought its "New American Luxury Rear-Drive Car Family" and "New American Luxury SUV Product Matrix" with a total of 11 models.

On the booth, the most eye-catching is the limited edition Cadillac CT6 Champion Edition. In the new car quality research (IQS) conducted by J.D.Power in the United States in June and J.D.Power in China in October this year, CT6 won the "double champion" in two lists for its excellent quality and reliability. In addition to the globally consistent high-quality standards, the Super Cruise super intelligent driving system equipped with CT6 also won the first place in the just-released North American Consumer Report 2020 intelligent driving system ranking with a big score.

GAC Toyota: Ling Shang made its debut at Guangzhou Auto Show and went public in 2021.

GAC Toyota brand-new TNGA sedan Lingshang made its debut at Guangzhou Auto Show. The new car is located between Camry and Lei Ling, and adopts TNGA 2.0L Dynamic Force engine and Direct Shift CVT gearbox. TNGA 2.0L engine adopts a number of leading technologies from Toyota, which maximizes the engine potential, and can achieve world-class 40% thermal efficiency and high power output, bringing high-quality driving pleasure. The wheelbase of Lingshang reaches 2750mm, creating a luxurious and comfortable driving space comparable to that of middle and high-class cars.

Changan Automobile: UNI-K Guangzhou Auto Show was unveiled and will be officially listed in the first half of 2021.

At this year’s Guangzhou Auto Show, Changan Automobile officially released UNI-K, the second model with a brand-new sequence of "Gravity". UNI-K is a large five-seat SUV, and the product price may be higher than 180,000 yuan. According to the plan, UNI-K will be officially listed in the first half of 2021.

It is worth mentioning that after the user gets on the bus, UNI-K can automatically brush the face, identify the identity of the owner, and adjust the seat and rearview mirror to the user’s exclusive position based on the memory function; Users can also brush their faces to start the car. In addition, UNI-K can also realize gesture interaction from a distance, and easily identify the gestures of front and rear passengers.

The reporter learned that in 2021, Changan Automobile plans to launch nine new and upgraded classic serial products; In the next five years, UNI high-end series will also launch five new products of two series, namely cars and SUVs, including fuel vehicles, PHEV and new energy vehicles. The first car of UNI series will also be released next year.

Lexus: The new LS is on the market, starting at 878,000 yuan.

LEXUS new LS was officially launched at Guangzhou International Auto Show. The new LS has launched five models: LS 500h Premium Edition, LS 500h Zhenyue Edition, LS 500h F SPORT, LS 500h Deluxe Edition and LS 500h Executive Edition. The suggested retail price of the manufacturer is RMB 878,000-1.18 million.

The adaptive adjustable suspension system AVS equipped with the new LS and the newly developed control valve help to reduce the damping force of the shock absorber and expand the variable range of damping. At the same time, the tire rigidity is adjusted to further improve the driving comfort.

In terms of science and technology, the new LS is equipped with the adaptive control system AHS of BladeScanTM high-speed rotating mirror high beam, and the LED headlights will be turned on or off at the synchronous frequency of lens rotation to accurately control the light distribution.

Wey: RMB 175,800-RMB 213,800. The tank 300 is open for pre-sale.

Great Wall Motor presented its four brands, Haval, Euler, Great Wall pickup truck and WEY, at the 2020 Guangzhou Auto Show with a brand-new attitude after cultural rejuvenation.

At the auto show, WEY officially opened the pre-sale of SUV tank 300, and launched three models including Explorer, Challenger and Conqueror. The pre-sale price range was 175,800-213,800 yuan. To book the tank 300 through the only booking channel "WEY APP", you only need to pay a deposit of 3,000 yuan on the official APP platform. After the booking is successful, you can get the exclusive car pick-up number and enjoy multiple pre-sale gifts.

Nanjing Iveco: Ousheng 2021 was unveiled at Guangzhou Auto Show, starting at 142,900 yuan.

2021, the newest member of Iveco Ousheng family, was unveiled at Guangzhou International Auto Show. It is reported that Iveco Ou Sheng’s 2021 Chaorui series starts from 148,900 yuan, Shangrui series starts from 165,900 yuan, Yunrui series starts from 142,900 yuan, and professional chassis series starts from 167,900 yuan. The first batch of car owners can enjoy the "rush booking gift", and the on-site car booking users can also enjoy multiple luxury gifts.

Guangzhou Automobile Ai ‘an: Opening a new era independently, the intelligent pure electric SUV Ai ‘an Y was launched in the world.

At the 2020 Guangzhou Auto Show, Guangzhou Automobile Safety Ball launched the "Super Law Intelligent Pure Electric SUV" Ai An Y. Y is Young, representing youth.

Gac’s unique GEP2.0 pure electric platform makes the A-class SUV with a Y wheelbase of 2.75 meters have more space inside. The new car is equipped with the flagship ADiGO 3.0 autopilot system, one-button remote parking in the whole scene and memory parking. In-car voice control shooting video, 5G light speed second transmission car video APP, make Ai ‘an Y incarnation studio, live broadcast room, KTV, and realize software iterative evolution.

Industry insiders predict that if the price of Ai ‘an Y is less than 180,000 yuan, it will go deep into the hinterland of fuel vehicles with a very competitive attitude and grab more market share.

Changan Ford: Fox’s "Three Arrows at the same time", the hunting version is priced at 153,800 yuan.

At the 2020 Guangzhou Auto Show, Changan Ford Focus family launched three arrows in unison, and a total of eight models were listed: 2021 Focus sedan and hatchback, a total of seven models, with a price of 108,800-150,800 yuan; The Fox Hunting Edition, a high-value and high-performance model, ushered in an out-of-box listing with a price of 153,800 yuan.

The Fox family, which is positioned as a digital sports mid-level car, has empowered 60 years of track genes with internet technology, from manipulation to voice control, making sports cars smarter from now on. In the digital age, whether it is a sedan, a hatchback or a hunting version, the new Fox family has brought more life experiences to consumers by virtue of SYNC^?+ Zhixing infotainment system and Danish national treasure B&O luxury audio system, with numbers as the core.

SAIC R Automobile: From RMB 220,000, MARVEL R opens global pre-sale.

At the Guangzhou Auto Show, SAIC R officially launched the global pre-sale of its 5G intelligent electric SUV MARVEL R, with a pre-sale price of 220,000 yuan.

It is understood that the new car is equipped with 16 smart standard items such as 19.4-inch +12.3-inch double large screen and Slim Air intelligent high-efficiency heat pump air conditioning system. It also provides three pre-sale options: 4.8s performance package, R PILOT 3.0 smart driving growth package and 93kWh long battery life package. Four-wheel drive version, 5G version and long battery life version can be selected at will.

During the pre-sale period, there are more exclusive benefits. Now users only need to pay an intention of 5,000 yuan, and they can enjoy the two founding benefits of new power: two-year full charging subsidy and an upgrade voucher for R PILOT 3.0 smart driving growth package worth 10,000 yuan, and the travel experience will be promoted again.

The auto show site is as eye-catching as MARVEL R, and there is R-Aura Concept, the concept car of R car. The car is based on a brand-new pure electric architecture, equipped with a dynamic external interaction system, R Language, which provides pedestrian safety interaction, intelligent virtual dance floor and other modes.

Dongfeng is popular: T5 EVO appeared at Guangzhou Auto Show.

The popular T5 EVO is the only model that Dongfeng is popular at this Guangzhou Auto Show. As the first model created with the design concept of "front dynamics", the popular T5 EVO completely breaks through the design language of the popular family in the past, and the lion’s roar front face design matches the fangs front grille and hunting eye headlights, which makes it more fashionable. The majestic rear design, combined with the diving tail, forms a certain visual impact as a whole.

The popular T5 EVO is equipped with L3 healthy cockpit environment and 2K varnish spraying technology, providing L2+ intelligent driving system, and equipped with the same visual perception chip as Tesla. It can not only purify the air in the car efficiently, but also enable every driver and passenger to enjoy the natural, ecological and environmentally friendly car space, and create a reassuring, comfortable and warm-hearted life for family and friends.

Welcome to [Autohome Qujing Discount Promotion Channel], we bring you an exciting promotion information., This high-profile luxury SUV is having a grand promotion in the Qujing market. At present, the maximum discount range is as high as 60,000 yuan, which further reduces the already very competitive starting price. The minimum price is only 783,800. This is undoubtedly a good opportunity for car buyers not to miss. To learn more details and get higher discounts, just click the "Check Car Price" button in the quotation form, we look forward to working with you to explore this wonderful discount.

The exterior design of the Mercedes-Benz GLE coupe is very dynamic and luxurious. The front face inherits the classic elements of the Mercedes-Benz family, and the streamlined air intake grille shows the fusion of power and refinement. Its sharp headlight design is as sharp as an eagle’s eye, conveying a strong visual impact. Overall, the GLE coupe highlights the perfect combination of sports and luxury with elegant body lines and sculptural contours, making the driver the focus on the road.

The Mercedes-Benz GLE coupe shows the unique charm of luxury SUVs with its elegant side lines. The body size is impressive, with a length of 4941mm, a width of 2018mm, and a height of 1716mm, and the wheelbase reaches 2935mm, providing passengers with a spacious and comfortable interior space. The wheel specifications are balanced, and they are all equipped with 275/50 R20 tires. The tire size complements the rim style, which not only guarantees driving performance, but also gives the vehicle a solid appearance and texture. The overall design reflects Mercedes-Benz’s exquisite control of details and careful consideration of the driver and passenger experience.

The interior of the Mercedes-Benz GLE coupe reflects the perfect blend of luxury and technology. The cockpit features a delicate leather steering wheel, providing manual and electric up and down and front and rear adjustment functions to ensure comfortable control for the driver. The 12.3-inch central control screen stands in the center and is equipped with an advanced automatic speech recognition control system, which integrates multimedia, navigation, telephone and air conditioning, making it easy to operate and informative. The seats are made of imitation leather, and the main and passenger seats are equipped with front and rear adjustment, backrest adjustment, high and low adjustment and waist support, providing multi-directional adjustment to adapt to the needs of different drivers. The front seats are equipped with heating and ventilation functions to create a comfortable riding environment for passengers. In addition, the car is also equipped with a power seat memory function and a proportional reclining design of the rear seats to meet the space utilization in different occasions. The overall interior design is both practical and luxurious.

The Mercedes-Benz GLE Coupe is powered by a 2.0T turbocharged engine with a maximum power of 190 kilowatts, corresponding to a power output of 258 horsepower. This engine is paired with a 9-speed automatic transmission, providing a strong and smooth driving experience. The maximum torque is 400 Nm, which shows its excellent performance.

Summary: The Mercedes-Benz GLE Coupe, as a luxury SUV, has always been loved by consumers for its outstanding performance, elegant coupe design and luxurious interior. Now, during the promotional period, we bring you an attractive price advantage, allowing you to not only experience the pleasure of driving, but also own this prestigious car in a more economical way. Take advantage now and act now, the Mercedes-Benz GLE Coupe will accompany you on an unparalleled driving journey at a more affordable price. Come to our authorized dealer and enjoy this feast of luxury and performance!

The overall style of this car can be said to be quite high. In terms of line outline, the overall design is stunning, the entire front part looks simple and soft, the sharp headlights on both sides are shaped, and the internal light groups are scattered, which is bright when lit. The side shape is still Lincoln’s unique car line, and the enchanting figure is even more vividly displayed! The rear of the car still looks very domineering, and the through-type tail lights also have a certain sense of advanced.

In terms of interior design, the Navigator emphasizes luxury atmosphere and simplicity. The new car is also equipped with Lincoln’s latest style of three-piece leather package, which is flexible in operation and equipped with heating function. The central control of the Navigator’s T-type adopts a large area of leather package and is supplemented by a large area of wood texture materials. It feels very delicate and is equipped with a 10.0-inch central control floating screen. The display is clear and the design is more technological. The front row is also equipped with a dual-temperature zone automatic air conditioning control system, which can freely debug the most comfortable space atmosphere.

The length, width and height are 5657 × 2073 × 1934mm respectively, and the wheelbase is also 3342mm. Among the models of the same class, the wheelbase of the navigator is ranked second. The design of the sunroof also increases the subjective space experience of the front and rear passengers. Among the models of the same price and class, the trunk volume of the navigator is ranked 36th. Basically enough luggage space for the whole family to travel. But there is no additional hidden storage space.

The Navigator 3.5T Long Axis Presidential Edition uses a 3.5 engine with a maximum horsepower of 415 and peak torque of 670. It is matched with an automatic (AT) gearbox. It is sure to bring unforgettable handling charm. Ranked 39th among SUV models above 800,000.

The pilot’s active/passive safety configuration is complete, includingAutomatic parking,Zero tire pressure endurance tires,Automatic parking,Steep slope,uphill assist,Knee airbag,HUD head-up display,Anti-lock braking (ABS),Brake force distribution (EBD/CBC, etc.),Brake assist (EBA/BAS, etc.),Traction control (ASR/TCS, etc.),Active Noise Cancellation,Engine start stop,Side safety air curtain,Mobile phone wireless charging,Night vision system,LED daytime running lights,Front reversing radar,Tire pressure monitoring,Steering wheel heating,Body stability control (ESP/DSC, etc.),Rear reversing radar,Fatigue reminder,Remote parking,Child seat interface,Lane Keeping (LKAS)Wait for the configuration.

Of which,Automatic parkingIt can avoid stepping on the brakes for a long time or needing to pull frequently.Steep slopeIt can safely pass through steep slopes at low speeds.Knee airbagReduce the damage to the occupant’s knee in the vehicle interior during the second collision.

In addition to the above description, we can also go to the easy car forum to browse more real car feedback from actual purchase users, or use experience.

Model picture basic parameters Lexus RX 2013 270 Classic Edition Lexus RX 2013 270 Deluxe Edition Lexus RX 2013 350 Elegant Lexus RX 2013 350 Deluxe Edition manufacturer’s guide price 526,000 573,000 717,000 787,000 The lowest price of 4S in the country manufacturer Lexus Lexus Lexus Lexus level Midsize SUV Midsize SUV Midsize SUV Midsize SUV Engine 2.7L 188 hp L4 2.7L 188 hp L4 3.5L 277 hp V6 3.5L 277 hp V6 Transmission 6 gears self-integrated 6 gears self-integrated 6 gears self-integrated 6 gears self-integrated L * W * H (mm) 4770 * 1885 * 1725 4770 * 1885 * 1725 4770 * 1885 * 1725 4770 * 1885 * 1725 Body structure 5 door 5 seat SUV 5 door 5 seat SUV 5 door 5 seat SUV 5 door 5 seat SUV Maximum speed (km/h) 200. 200. 200. 200. Official 0-100km/h acceleration (s) 11 11 8 8 Measured 0-100km/h acceleration (s) – What? – What? – What? – What? Measured 100-0km/h braking (m) – What? – What? – What? – What? Measured fuel consumption (L/100km) – What? – What? – What? – What? MIIT combined fuel consumption (L/100km) 9.8 9.8 11.2 11.2 Vehicle quality assurance Four years or 100,000 kilometers Four years or 100,000 kilometers Four years or 100,000 kilometers Four years or 100,000 kilometers body Lexus RX 2013 270 Classic Edition Lexus RX 2013 270 Deluxe Edition Lexus RX 2013 350 Elegant Lexus RX 2013 350 Deluxe Edition Length (mm) 4770 4770 4770 4770 Width (mm) 1885 1885 1885 1885 Height (mm) 1725 1725 1725 1725 Wheelbase (mm) 2740 2740 2740 2740 Front track (mm) 1630 1630 1630 1630 Rear track (mm) 1620 1620 1620 1620 Minimum ground clearance (mm) – What? – What? – What? – What? Curb weight (kg) 1865 1865 2000 2010 Body structure SUV SUV SUV SUV Number of doors (number) 5 5 5 5 Number of seats (number of seats) 5 5 5 5 Fuel tank capacity (L) 72 72 72 72 Luggage compartment capacity (L) 375-754 375-754 375-754 375-754 Engine Lexus RX 2013 270 Classic Edition Lexus RX 2013 270 Deluxe Edition Lexus RX 2013 350 Elegant Lexus RX 2013 350 Deluxe Edition Engine model 1AR-FE 1AR-FE 2GR-FE 2GR-FE Displacement (mL) 2672 2672 3456 3456 Displacement (L) 2.7 2.7 3.5 3.5 Intake form naturally aspirated naturally aspirated naturally aspirated naturally aspirated Cylinder arrangement L L V V Number of cylinders (pcs) 4 4 6 6 Number of valves per cylinder 4 4 4 4 compression ratio 10 10 10.8 10.8 Valve mechanism DOHC DOHC DOHC DOHC Bore (mm) 90 90 94 94 Stroke (mm) 105 105 83 83 Maximum horsepower (Ps) 188 188 277 277 Maximum power (kW) 138 138 204 204 Maximum power speed (rpm) 5800 5800 6200 6200 Maximum torque (N · m) 252 252 346 346 Maximum torque speed (rpm) 4200 4200 4700 4700 Engine specific technology Dual VVT-i Dual VVT-i Dual VVT-i Dual VVT-i fuel form gasoline gasoline gasoline gasoline Fuel label No. 93 (Beijing No. 92) No. 93 (Beijing No. 92) No. 97 (Beijing No. 95) No. 97 (Beijing No. 95) Oil supply method multi-point EFI multi-point EFI multi-point EFI multi-point EFI Cylinder head material aluminum aluminum aluminum aluminum Cylinder material aluminum aluminum aluminum aluminum Environmental standards Euro IV Euro IV Euro IV Euro IV Transmission Lexus RX 2013 270 Classic Edition Lexus RX 2013 270 Deluxe Edition Lexus RX 2013 350 Elegant Lexus RX 2013 350 Deluxe Edition abbreviation 6 gears self-integrated 6 gears self-integrated 6 gears self-integrated 6 gears self-integrated Number of gears 6 6 6 6 Transmission type Automatic Transmission (AT) Automatic Transmission (AT) Automatic Transmission (AT) Automatic Transmission (AT) chassis steering Lexus RX 2013 270 Classic Edition Lexus RX 2013 270 Deluxe Edition Lexus RX 2013 350 Elegant Lexus RX 2013 350 Deluxe Edition Drive mode Front propulsion Front propulsion Front four-wheel drive Front four-wheel drive Four wheel drive form – What? – What? OurHours 4WD OurHours 4WD Central differential structure Multi-disc clutch Multi-disc clutch Multi-disc clutch Multi-disc clutch Front suspension type McPherson independent suspension McPherson independent suspension McPherson independent suspension McPherson independent suspension Rear suspension type Independent double fork arm Independent double fork arm Independent double fork arm Independent double fork arm Power Type electric power electric power electric power electric power Car body structure load-bearing load-bearing load-bearing load-bearing wheel brake Lexus RX 2013 270 Classic Edition Lexus RX 2013 270 Deluxe Edition Lexus RX 2013 350 Elegant Lexus RX 2013 350 Deluxe Edition Front brake type Ventilated disc Ventilated disc Ventilated disc Ventilated disc Rear brake type disc disc disc disc Parking brake type foot brake foot brake foot brake foot brake Front tire specifications 235/60 R18 235/60 R18 235/60 R18 235/55 R19 Rear tire specifications 235/60 R18 235/60 R18 235/60 R18 235/55 R19 Spare tire specifications Full size Full size Full size Full size