On July 13th, Geely’s 2024 Emgrand L HiP Champion Edition was officially launched, with two versions, namely, the 100km superior version and the 100km superior version. The official guide price is 109,800 ~ 122,800 yuan, and the limited-time exclusive price after enjoying the cash call gift is 105,800-118,800 yuan. The new car is equipped at the start, and the whole system comes standard with a pure battery life of 100km. It has the same level of leading "3.8L ultra-low power consumption, 6.9s ultra-fast 100 km acceleration and 1300km long battery life", and can also enjoy green brand and free purchase tax, so that users can enjoy high-quality travel with "low fuel consumption, high performance and long battery life" in one step without compromise, and create a 100,000-class electric hybrid for users with value.

　　The 100,000-class only has a pure electric battery life of 100km, and the same class has a "T" engine +3-speed electric drive.

　　Compared with the mainstream plug-in products of the same level that generally adopt single-gear E-CVT and self-priming engine, Emgrand L HiP Champion Edition is equipped with a unique 1.5TD high-efficiency engine +3-speed frequency conversion electric drive DHT Pro+ dual-motor power combination, which is not only powerful, smarter and more economical, but also brings users a super electric mixing experience of 150,000 yuan or more. Thanks to the multi-speed electric drive structure and the advantages of P1+P2 dual motors, Emgrand L HiP Champion Edition has the advantages of higher speed and no stall at high speed, and can match the first speed ratio at low speed. When driving at high speed, it can realize "downshifting and twisting" and quickly overtake in parallel; When the speed is above 20km/h, it can realize full-speed parallel connection, which can make the dual motors and the engine coordinate intelligently, always keep in the high-efficiency working range, and the strong power continues to output.

　　What’s more, the Emgrand L HiP Champion Edition has a pure battery life of 100km and a battery capacity of 15.5kWh, and its battery life and power are nearly twice as advanced as those of the same-level products in the market with a pure battery life of only tens of kilometers, meeting users’ more economical and lower-cost travel needs; It also has "3.8L ultra-low power consumption, 6.9s ultra-fast 100 km acceleration and 1300km ultra-long battery life", allowing users to enjoy the low-cost and high-value car experience of "low fuel consumption, strong power and long battery life" in one step. At the same time, considering the user’s demand for car convenience and low cost, the new car has also added a DC charging function and an extended-range mode that can be driven by electric vehicles in the whole process, further enhancing the user’s electric driving experience from the aspects of energy supplement and driving.

　　Meet the real needs of users and pierce the ceiling of the 100,000-class electric hybrid sedan.

　　In order to meet the real needs of users and actively respond to their voices, in addition to the overall leading power performance, Emgrand L HiP Champion Edition also maintains a leapfrog leading level in vehicle quality, intelligence and safety. Inheriting the high-quality genes of Geely brand and Emgrand family, the interior of the whole vehicle is wrapped in 90% soft materials, and the seats and handrails are made of environmentally friendly skin-friendly materials, which has a soft and delicate touch and a high ride comfort; There are also comfortable seats certified by Rheinland, Germany, which can support the unique acupoint heating function of traditional Chinese medicine at the same level, ensure that users are not tired when driving for a long time, and create a highly humanized, comfortable and environmentally friendly high-quality driving space from the perspectives of touch, vision and body feeling.

　　On top of quality, the new car will also be full of technology and safety. Emgrand L HiP Champion Edition comes standard with Geely Galaxy OS ecosystem, 12.3-inch color central control panel +10.25-inch LCD instrument, intelligent voice interactive system and other rich configurations, and its overall intelligence level, functionality and operation convenience are all ahead of its peers. In particular, the 100km superior model is also equipped with the unique intelligent configuration of the same level, such as the 540 transparent chassis of the Eye of God, the L2 intelligent driving assistance system, and the health and safety configuration such as the antibacterial steering wheel, AQS air quality management system and negative ion purifier, so as to ensure driving safety in all directions.

　　In addition, the Emgrand L HiP Champion Edition has been further optimized and upgraded in styling design, which is more simple and three-dimensional and has stronger "inductance". For example, in appearance, the new car adopts a straight and powerful horizontal banner grille and a segmented front bumper, and the two sides of the lower grille are simply layered, and the exclusive luminous logo of new energy is applied, so that the whole front face looks more harmonious and more in line with the mainstream aesthetics of the public. The details of the interior have also been upgraded and optimized, and two new interior colors, Dawn Brown and Midnight Black, have been adopted to provide diverse choices for users with different preferences.

　　Generally speaking, the product strength of Geely Emgrand L HiP Champion Edition is fully reinforced, the simple shape is more inductive, the only pure battery life of its class is 100km, and the power performance, energy saving and economy, intelligence and safety and vehicle quality are all ahead of the rest, which makes the overall value overweight. The launch of Emgrand L HiP Champion Edition has further strengthened Geely’s product line layout in the A-class electric hybrid car market, helping Geely brand to move towards new and value in an all-round way. (Photo courtesy of Geely Emgrand)

After experiencing a sustained sales slump in April and May, NIO’s second-quarter performance unexpectedly bottomed out again.

On August 29, NIO released the second quarter financial data show that the second quarter NIO operating income 8.77 billion yuan, less than the market expected 9.254 billion yuan, down 14.8% from last year, down nearly 20% from the first quarter of this year.

In terms of car sales, directly affected by the failure to control the rhythm of product replacement in April and May, NIO’s sales in the second quarter were 23,500 vehicles, down 6.1% year-on-year and 24.2% month-on-month. This is also the lowest quarterly sales of NIO since the second quarter of 2021.

With the decline in revenue and the continued expansion of R & D costs, NIO’s gross profit in the second quarter was only 87 million yuan, a decrease of 93.5% compared with the second quarter of 2022, and the same "halving" compared with Quarter 1 this year. In the second quarter of this year, NIO’s overall gross profit margin has declined to 1%, compared with 13% in the same period last year.

In the contrast of Li Auto has turned losses into profits for three consecutive quarters, NIO’s net loss is further expanding. Data show that NIO’s net loss in the second quarter was 6.056 billion yuan, an increase of 119.6% over last year and a month-on-month increase of 27.8%.

As of June 30, 2023, NIO cash reserves were 31.50 billion yuan, a decrease of 6.30 billion yuan from the first quarter. According to Horizontal comparison, Li Auto and XPeng Motors cash reserves were 73.77 billion yuan and 33.74 billion yuan respectively.

NIO CEO Li Bin said at the previous financial results meeting that in the first and second quarters of this year, new product launches affected the company’s operating cash flow. After that, some fixed asset investments and some R & D projects will be postponed, and in terms of going overseas, it will also focus on countries that have entered Europe. According to its estimates, with the rebound in sales in the third quarter, cash flow will improve.

In terms of cost expenditure, NIO R & D costs remained high, reaching 3.345 billion yuan in the second quarter, an increase of 55.6% year-on-year and 8.7% quarter-on-quarter respectively. The financial report pointed out that the increase in R & D expenses was mainly due to the increase in R & D personnel costs, equity incentive expenses, and the design and development of new products and new technologies.

NIO is the car company that invests the most in R & D projects among the "Wei Xiaoli" three. At present, NIO is simultaneously promoting the development of three car brands, and at the same time is conducting self-research on core components such as autonomous driving chips, batteries and motors.

Also in terms of sales expenses, NIO is also the one with the highest expenditure among the three new forces. As a user-oriented enterprise, NIO invests a lot in power replacement, sales channels, user maintenance, etc., which also leads to the problem of high operating costs for a long time.

Data show that NIO sales, general and administrative expenses reached 2.857 billion yuan in the second quarter, an increase of 25.2% and 16.8% year-on-year and quarter-on-quarter respectively. In comparison, Li Auto and XPeng Motors’ sales expenses were only 2.31 billion yuan and 1.54 billion yuan respectively.

NIO will further increase its sales staff to meet the need to sell seven to eight models simultaneously, Mr. Li said on a second-quarter earnings call, adding that channel sinking remains an urgent task.

"Since July, we have started to comprehensively improve our sales capacity. The goal is to lock in the sales capacity of 30,000 vehicles per month. The construction of this sales capacity will be completed by the end of September, and the results of the sales capacity building will gradually appear from October. In the lower-tier market, we hope that more experienced sales personnel can join."

Under the premise that these rigid expenses are difficult to compress, NIO needs to sell more cars and maintain a stable cash flow more urgently than other car brands. If the operating rhythm is wrong and there is a sales crisis, the cost of advance planning for forward planning may drag NIO into crisis again.

In the second quarter of this year, NIO was once in a dangerous moment. Fortunately, with the launch of ES6 and ET5T new cars, NIO returned to the "10,000-car club" in June. In July, NIO maintained its growth momentum, and the monthly delivery exceeded 20,000 for the first time, finally breaking the curse of "Wei 10,000".

According to the latest weekly report released by Li Auto, the cumulative delivery volume of NIO from August 1st to August 27th is 16,000. NIO sales in August will likely exceed 20,000 again.

However, according to NIO’s guidance for the third quarter, the number of vehicles delivered in the third quarter is between 55,000 and 57,000. This means that NIO’s average deliveries in August and September were between 17,300 and 18,300 vehicles. If NIO wants to achieve its goal of 250,000 vehicles for the whole year, it needs to sell at least 110,000 vehicles in the fourth quarter.

Li Bin pointed out that sales reached 20,000 in July, in part due to the decline in power exchange rights.Users who have rigid demand for power replacement will be released in advance. The preferential policy for power replacement ended in August, and it will take some time for orders to return to normal levels.

"The good news is that the number of test drives currently exceeds a record high, reaching about 10,000 every weekend, but it will take time from test drives to order conversion. In addition, considering the macroeconomic and external economic environment, we have comprehensively formulated this guideline target." Li Bin revealed that the next step will be to accelerate the conversion of orders through more channel coverage and sales capacity enhancement.

According to Li Bin’s estimate, NIO is selling ET5, ET5T, ES6 and EC6 will be listed in September, the sales of the four models are expected to reach 15,000 to 20,000, superimposed on the remaining models to increase sales, and monthly sales are confident to stabilize at more than 20,000.

With deliveries recovering, NIO expects third-quarter revenue to reach 18.90 billion yuan to 19.52 billion yuan, an increase of 45.3% to 50.1% year-on-year, the highest revenue guidance in history. From the guidance, NIO hopes to achieve a "bottoming out" in the third quarter.

NIO CFO Feng Wei said during the earnings call that NIOThe third quarter cash flow will be significantly improved, achieving double-digit gross margins, and the fourth quarter gross margin is expected to reach 15%.

It is worth mentioning that the NIO brand will not deliver new products next year, but there will be regular modifications. Alps will release the first product in the second half of next year. The test car has been rolled off the production line, and the second car of the brand is also under development.

In addition, the NIO phone will be released in late September this year. Li Bin believes that,The launch of NIO mobile phones will help increase the competitiveness of NIO models and better match the demand for mobile devices.

In terms of external cooperation, Li Bin revealed that he is initially discussing the cooperation of next-generation power stations and battery packs with external automobile companies. "Entering the power exchange network requires the re-development and transformation of the car, which is a major decision for the car company and requires time (consideration). "

(This article has been updated.)

　　On April 22, Wuzhen International Internet Center, Meizu held a 15-series new product launch conference with the theme of "Sculpting Time and Reshaping Classics", which is not only a classic tribute to Meizu in the past 15 years, but also a new situation for Meizu’s mobile phone future.

　　The Meizu 154G + 64G released this time is 2499 yuan, 4G + 128G is 2799 yuan; Meizu 15 Plus 6G + 64G is 2999 yuan, and the top version 6G + 128G is 3299 yuan; Meizu M154G + 64G version is only 1699 yuan. The affordable price brings a leapfrog new experience. It will be available on all channels on April 29. It can be snapped up in the online Meizu official mall, Meizu Tmall official flagship store, Meizu JD.com official flagship store, Meizu Shang official flagship store and Meizu Gome flagship store and offline Meizu national specialty stores, Gome, Xiang, Dixintong, Leyu and other social channels mobile phone stores.

　　This time, the meizu 15 series mobile phone released heavily, equipped with the world’s top photosensitive element Sony IMX 380, a new touch engine, and classic evolutionary technologies such as mBack and surgical-grade stainless steel body, "making the experience better" Flyme 7.0 and other advantages, breaking the middle end, bringing consumers leapfrog enjoyment, and re-establishing the mid-range mobile phone benchmark.

　　At the press conference, Meizu Chief Marketing Officer and General Staff Officer Yang Zhe highlighted the dark light shooting capabilities of the Meizu 15 series. The Meizu 15 series uses the world’s top photosensitive element Sony IMX 380 to escort it. The upgrade of hardware has greatly improved its shooting capabilities in dark light environments. The Meizu 15 with better imaging and stronger picture sense allows consumers to truly feel the unique charm of night shooting. In this regard, Mike Yamashita, a gold medal photographer of National Geographic magazine in the United States and one of the world’s famous contemporary photography masters, also came to the press conference to share some experience in photography with Meizu 15 and highly affirmed the photography capabilities of Meizu 15.

　　In addition to Sony’s customized IMX380 photosensitive element, the Meizu 15 series is equipped with the industry’s highest 1.55 μm single photosensitive pixel area and 1/2.3 inch 12 million pixel photosensitive element size. The larger single pixel size makes the amount of light entering the photo more, the clarity and purity of the picture are higher, and the texture of the overall picture will be significantly improved. Through the blessing of these two items, the Meizu 15 series will bring a better experience at the camera level. At the same time, the Meizu 15 series has become the best camera phone in Meizu so far.

　　In addition to the photo hardware enhancement, the soft configuration of the Meizu 15 series has also been enhanced, with triple lossless zoom, AI intelligent beauty, new portrait mode, virtual + beauty, and extremely fast capture. It is worth mentioning that the 3x lossless zoom achieved by the 15 series has greatly improved the user’s shooting experience, even for distant scenes, it can still achieve clear restoration. At the same time, the four-axis optical image stabilization of the Meizu 15 series is combined with software such as multi-frame noise reduction and ArcSoft HDR algorithm, which greatly improves the overall brightness, purity and detail of the picture in low-light scenes. Compared with the same price products in the market, it can be called the camera emperor.

　　In the era of consumers paying more attention to selfies, Meizu 15 series can completely dispel users’ knots: front 20 million pixels, AI intelligent beauty, new portrait mode, etc., let you love selfies and become your exclusive portrait photography expert. The innovation and upgrade of its selfies will also become a revolutionary experience in the history of Meizu.

　　At the press conference, Meizu also brought a new experience of human-machine interaction. Since the development of full-screen mobile phones, the tactile feedback of physical buttons has been difficult to be felt. In front of the cold machine, it seems that there is a lack of human-machine feedback. Just when everyone weakens the tactile feedback, Meizu 15 has built a horizontal linear motor mEngine from the same supplier as the iPhone. Let users retrieve the pleasure of pressing physical buttons.

　　From the actual scene application point of view, the "global haptic feedback system" brought by the Meizu 15 series once again adds new achievements to the Android camp, and users can get different haptic feedback in 45 scenarios. For a simple example, when you turn on the flashlight with the Meizu 15, you will feel the shock caused by the touch of your fingertips on the screen. Its three-level shock real simulation restores the realistic touch of the switch flashlight, allowing you to feel the new life of the mobile phone. In addition, even in the most ordinary typing, taking pictures, and answering phone scenes, the real haptic restoration experience is still very exciting. This is undoubtedly a new revolution in human-machine interaction in the full-screen era

　　Charm classic innovative design, improve the mobile phone industrial design system

　　In the past 15 years, Meizu has accumulated a complete mobile phone industrial design system and has a huge technical precipitation. Like the Meizu 15 series, the return of the classic small circle, the evolution of the one-size-fits-all antenna, and the continuation of the extremely narrow bezel design of the MX series are all manifestations of the classic design of the Meizu 15 series. The Meizu 15 series is equipped with a front fingerprint recognition function. While inheriting the classic, it also gave birth to a product that may be the smallest and fastest fingerprint recognition module in the world. Its unlocking speed reaches an astonishing 0.08S and the correct recognition rate reaches 99%. At the same time, the classic return of mBack’s interactive experience has also made countless Meizu friends call it enjoyable.

　　The details are in the real chapter. This time, Meizu 15 reduced the number of openings in the whole machine and made the top earpiece a hidden design, which not only ensured the simplicity of the front panel, but also ensured the aesthetics of the whole machine. In addition, the hidden earpiece was also placed with breathing light, so that the integrated design aesthetics could present the perfect "handicraft".

　　In addition, the Meizu 15 series stainless steel composite body is coated with an ultra-thin layer of stainless steel material on the basis of the high-strength aluminum alloy back shell, and makes it integrally formed, ultimately maintaining an excellent stainless steel metal touch. Because of the use of special materials, the Meizu 15 series also adopts a new "physical vapor deposition" coloring process, which ultimately brings four noble color expressions to consumers, Yakin, Ink, Dailan and 15Plus, Wu Grey.

　　It is worth mentioning that Meizu is also equipped with an exclusive white fuselage for the 15 – Ru Kiln White, which is still an all-metal body. The surface layer adopts a high-precision piano paint baking process, and the paint from Kaxiu, one of the world’s top six paint factories, is selected. After seven times of baking, seven times of baking, and five times of polishing, it finally achieves a luster and texture close to ceramic-like warmth and jade.

　　The classic design inheritance and evolution, the new metal texture material upgrade, the return of the classic small circle, and the change of the one-size-fits-all antenna only show Meizu’s reshaping of the classic and the sublimation of the classic. The 2499 yuan Meizu 15 is sold to the mid-range market, and its product quality will make Meizu 15 a mid-range game breaker, and will bring consumers at the economic level to surpass the mid-range experience.

　　Flyme 7 makes the experience even better

　　As one of the best customized systems in China, Flyme has played an indispensable role in shaping the Meizu brand. The Flyme 7 released with Meizu 15 this time can be said to have earned enough attention. The UI interface that continues the usual simple and beautiful design style and many new practical functions are all eye-catching. It is commendable that with the upgrade of One Mind’s intelligent thinking engine, the Meizu 15 equipped with Flyme 7 has significantly improved in terms of performance, safety, and operation efficiency, further narrowing the distance between consumers and smart phone systems.

　　In 2016, Meizu took the lead in launching its self-developed artificial intelligence engine, One Mind, to bring a new experience to users. Today, Flyme 7 has taken it a step further and launched an open artificial intelligence exploration program, the "One Mind Connected Program", which integrates the most advanced intelligent algorithms into the One Mind AI engine through cooperation with the world’s top companies in the field of artificial intelligence. Now Flyme7 has platform-level AI empowerment capabilities. It not only has the special service functions of personal assistant and smart screen recognition, but also the beauty scheme that accurately matches the characteristics of characters makes your beauty more natural. From a security perspective, Flyme 7 has partnered with Tencent Security, relying on its technical support, to become the world’s first system with a built-in AI anti-virus engine. AI security makes malicious applications nowhere to hide. At the same time, the face unlocking pattern recognition process brought by Flyme 7 to users only takes 0.1s. Meizu 15’s powerful functions save power and are smoother under the blessing of Flyme 7.

　　At the same time, Flyme has reached a cooperation with the most popular mobile game "Honor of Kings" in the current market, and has realized multi-core multi-threading technology on the 15 series, which can effectively improve the frame rate of team battles. Whether it is single brush, team battle or dragon fight, it enjoys a more stable picture and touch, providing everyone with a more enjoyable gaming experience.

　　From the perspective of convenience, the addition of bubble notification + small window reply, desktop application index, and character album also brings users a more efficient and intelligent interactive experience, which greatly improves the convenience and accuracy of operation. At the same time, in order to truly consider users from the user, Flyme 7 is the first to propose a system-level global night mode in Android, which is more comfortable to use mobile phones at night. The addition of photo backtracking, children’s anti-addiction, data rescue, intelligent light sensing, real-time earphone monitoring, and intelligent ear protection mode also shows that Flyme 7 considers the comprehensiveness of users. Starting with heart, it is in response to Flyme 7’s slogan this time, "Make the experience better".

　　In addition, the Meizu 15 series uses super-linear stereo, symmetrical stereo speakers up and down, which have been technically optimized to bring users a perfect auditory feast, thus creating a leapfrog experience of sound. Not only that, the application of Bluetooth 5.0 will greatly improve the transmission speed and bring more stable transmission performance. The mCharge flash charging technology can quickly help users get out of the predicament of no power. In terms of performance, the Meizu 15 is equipped with Qualcomm Snapdragon 660, and the 15Plus is equipped with the first full Netcom Samsung 8895 processor. Better performance and the performance of the flagship can bring consumers a more perfect experience.

　　In addition to the highlight of Meizu 15, Meizu officially released two highly representative cutting-edge products at the press conference, the Meizu HALO laser Bluetooth headset, which focuses on "avant-garde technology trends", and the Meizu POP true wireless Bluetooth headset, which focuses on "light sports, light business".

　　Xiaomi air conditioner is a smart home product with a variety of modes to choose from to meet the needs of different users. This article will introduce the common modes of Xiaomi air conditioner and its adjustment methods to help users better use Xiaomi air conditioner.

　　cooling mode

　　The cooling mode is suitable for hot summer weather and can quickly reduce the indoor temperature. On the remote control of the Xiaomi air conditioner, find the "Mode" button and select the "Cooling" mode after pressing it. The desired indoor temperature can be set by adjusting the temperature button. For example, set the temperature to 25 degrees Celsius and the air conditioner will work to keep the indoor temperature around 25 degrees Celsius.

　　Heating mode

　　The heating mode is suitable for the cold winter and can provide a warm indoor environment. Similarly, on the remote control of the Xiaomi air conditioner, find the "mode" button and select the "heating" mode after pressing it. Set the desired indoor temperature by adjusting the temperature button. For example, set the temperature to 20 degrees Celsius and the air conditioner will work to keep the indoor temperature around 20 degrees Celsius.

　　dehumidification mode

　　The dehumidification mode is suitable for humid environments and can reduce indoor humidity. On the remote control of Xiaomi air conditioner, find the "Mode" button and select the "Dehumidification" mode after pressing it. The desired humidity level can be set by adjusting the humidity button. For example, set the humidity to 50% and the air conditioner will work to keep the indoor humidity around 50%.

　　automatic mode

　　Automatic mode is the intelligent mode of Xiaomi air conditioner, which automatically adjusts the working mode according to the indoor temperature and humidity. On the remote control of Xiaomi air conditioner, find the "Mode" button and select "Automatic" mode after pressing it. The air conditioner will automatically switch the cooling, heating or dehumidification mode according to the indoor environment to maintain a comfortable indoor environment.

　　Overall, Xiaomi air conditioner has a variety of modes to choose from, and users can adjust them according to their actual needs. Through the mode button and temperature/humidity button on the remote control, users can easily switch and adjust the working mode and parameters of the air conditioner to obtain a comfortable indoor environment.

　　In September, Geely brand new energy sales increased by 13% month-on-month, and Geely Galaxy series sales reached a new high of 13,080 units, becoming the strongest boost for Geely’s new energy sales to hit record highs in the past two months. The sales data that continue to exceed 10,000 tells the strength of Galaxy, and the sales trend that has been rising along the way shows the speed of Galaxy. It is hard to imagine that this is a dazzling report card handed over by a "new player" who has just entered the mid-to-high-end new energy market in the second quarter of this year.

　　Behind the explosion is a detailed and profound insight into consumer needs and a precise and fast response. In order to better and faster meet the experience needs of a wider range of users, on October 9, Geely Galaxy expanded its approach and fully launched the "Geely Galaxy Super Electric Hybrid Experience Season" activity, launching "5-day long free test drive", "80,000 24 periods of 0 interest or 48 periods of low interest rates up to 6,300 yuan discount" and "4,000 yuan super replacement subsidy" three super rights, strength pet fans. This not only shows Geely Galaxy’s innovative user experience ecology and sincere rights and benefits, but also fully guarantees the rights and interests of users to buy cars; it also reflects Geely Galaxy’s absolute confidence in product technology, and truly puts the concept of "making everyone’s smart boutique car" into action, while accelerating the faster popularization of smart boutique electric hybrid products.

　　Popular Galaxy CP launches super long free test drive and two super financial rights

　　Break through the upper limit of user experience and comprehensively accelerate the popularization of intelligent boutique electric mixing

　　This time, the first major benefit of the "Geely Galaxy Super Hybrid Experience Season" breaks through the traditional user test drive experience form and launches the "5-day long free test drive experience". Users can enjoy a 5-day free test drive experience by registering and booking at the Galaxy APP or offline Galaxy stores across the country. Let users experience Geely Galaxy’s product performance more deeply and fully, and then decide whether to place an order, and find a car that suits them perfectly in full comparison and rational decision-making.

　　This kind of national large-scale user test drive activity is rare in the industry. On the one hand, it is an innovative breakthrough in user experience and user thinking, fully taking into account the user’s doubts before purchasing a car and the psychological state of vacillation in purchasing a car, and providing a humanized solution, "think what the user thinks". On the other hand, it also shows Geely Galaxy’s absolute confidence in its own products. According to the comparison of the parameters of the same price model, users who have tested Geely Galaxy will definitely experience a different sense of quality.

　　It is understood that users who are satisfied with the test drive experience, if they place an order for Geely Galaxy L6 or L7 and complete the pickup between October 9 and 31, can also enjoy two major car purchase rights – 80,000 24 periods of 0 interest or 48 periods of low interest rates up to 6,300 yuan of discount super limited-time financial plan and 4,000 yuan replacement subsidy super limited-time replacement policy.

　　For specific participation details of these three rights and interests, please check Geely Galaxy’s official WeChat, APP or call your local store. Geely Galaxy uses real money and full sincerity to pet powder, and at the same time further accelerates the popularity of smart boutique electrical hybrid products.

　　Geely Galaxy CP practices "Building Everyone’s Smart Boutique Car" with high-value products

　　Based on its strong product strength, Geely Galaxy uses real money to boost "Galaxy Speed" and then accelerate

　　As a brand-new new energy series that has been in existence for less than a year, it is no accident that Geely Galaxy L6 and L7 can emerge and break through quickly in the fiercely competitive new energy market. It is the result of Geely Automobile’s practice of "longevity" and long-term accumulation of energy for the Galaxy series. It is also a sincere work under the concept of "building a smart boutique car for everyone".

　　With industry-leading technologies such as "SHIELD Battery Safety System, Galaxy N OS, Raytheon 8848 Power System, and Xingrui Smart Computing Center", Geely Galaxy L7 solves the pain points that traditional plug-in SUVs bring users "energy saving and performance incompatibility", "comfort and intelligence incompatibility", and "battery safety hazards", so that consumers can buy high-value electric hybrid SUVs with less money. Geely Galaxy L7 has become the "most preferred 200,000 plug-in hybrid SUV" with monthly sales continuously breaking 10,000 and breaking 10,000 "triple connection", and has also laid a solid foundation for the Galaxy sequence.

　　If L7 is the high value of popularity, then L6 is the high value of up the ante. Although Geely Galaxy L6 has been on the market for less than a month, the market heat continues to rise. Its standard four "firsts" – acupuncture is only the entry standard, the proportion of thermoformed steel in the whole vehicle far exceeds the same level, and safety is the first; 1.5TD Raytheon electric hybrid engine, the world’s first in mass production thermal efficiency; 247 km/h The fastest sedan is far ahead, and the performance is the first; Xingrui Intelligent Computing Center, the first in China’s manufacturing computing power, has set a "new generation of intelligent electric hybrid new benchmark" for the A-class sedan market in terms of safety, performance, energy saving and intelligence, and has become the "annual closed-eye entry" sedan with the best quality and cost ratio of 150,000 yuan.

　　Based on such a strong product strength and absolute confidence in its own products, Geely Galaxy CP has launched the "Geely Galaxy Super Hybrid Experience Season" combination under the soaring popularity, word-of-mouth and sales momentum, bringing users real gold and silver full sincerity and deep and long-term experience trust blessing.

　　It is Geely Galaxy’s sincerity to enter the market by providing users with a "extended version" of the user’s full life cycle high-value experience from car selection, to test drive, to car purchase, to car use, and to car change. It is also in line with the consumer demand that cars give users high-value experiences as bulk consumption. It is understood that the Geely Galaxy Super Electric Hybrid Experience Season activities will release more rights and interests for new and old users in the future. Interested friends can continue to pay attention, or go to the nearby core business district or Galaxy stores in the life circle for a test drive experience.

　　On April 19, Hengda, Huawei, Baidu and other "new car-making forces" moved frequently, or released new cars or announced intelligent solutions for automobiles. On the same day, the class A share auto index sector rose by more than 6%, of which driverless concept stocks and automotive electronics concept stocks set off a daily limit.

　　Wen, Table/Guangzhou Daily All Media Reporters Ni Ming, Zhang Lu, Chen Lili?, Xu Xiaofang

　　Mobile phone end point business declines in 2020

　　Huawei switches to car racing

　　On April 19, all media reporters learned from an internal Huawei employee that on April 20, "Huawei’s flagship store will have huge new partners." At the same time, the video released clearly shows the outline of a car, with the caption "On April 20, Huawei’s flagship store welcomes new partners, Shanghai, Shenzhen and Chengdu." The reporter noticed that the Sailis Huawei Smart Selection SF5 had appeared on Huawei’s official website that day, but as of press time, Huawei had not provided the purchase entrance.

　　Regarding cross-border vehicle manufacturing, Huawei has stated many times before that it will not enter the field of vehicle manufacturing. At the recent Huawei 2020 annual report, rotating chairperson Hu Houjun reiterated that Huawei’s positioning in the field of smart cars is that the parts supplier has not changed.

　　Industry insiders told reporters that Huawei’s active rush to the automotive industry is not unrelated to the current decline in its mobile phone end point business. The reporter observed Huawei’s recent financial reports and found that in 2020, Huawei’s revenue growth slowed to 3.8%, the lowest in the past ten years. For the annual report data, Hu Houqian, chairperson of Huawei, said that the growth rate of consumer business did not meet expectations last year, and admitted that last year due to supply problems, mobile phone sales were affected. In this case, industry insiders told reporters that the decline in Huawei’s mobile phone sales is not only related to the separation of Honor mobile phones, but more importantly, the current Huawei mobile phone production capacity is restricted by the lack of "core" factors.

　　As for when Huawei’s intelligent driving department will be profitable, Su Qing, chief architect of Huawei ADS and president of intelligent driving product line, said that autonomous driving does not have to worry about profitability. It is reported that Wang Jun, president of Huawei Smart Car Solutions BU, said that this year’s investment in research and development will reach 1 billion US dollars (about 6.50 billion yuan).

　　But according to the financial report, Huawei’s cash flow has shrunk at present. According to the financial report, Huawei’s cash flow from operating activities in 2020 was 35.20 billion yuan, down 61.5% year-on-year. In this regard, Huawei said that this is due to increased investment in supply, research and development, material reserves and other aspects.

　　Compared with Xiaomi, which announced at the end of March to join the ranks of car manufacturing, its cash reserves in 2020 are as high as 108 billion yuan. Industry insiders told reporters that with Huawei’s capital, such as investing in the vehicle manufacturing industry with a long manufacturing cycle and high capital occupation, the pressure is obvious. At present, Huawei chooses to layout the intelligent driving industry or as a stopgap measure.

　　Class A share auto index sector rose more than 6%

　　On the same day, the 19th Shanghai International Automobile Industry Exhibition in 2021 (hereinafter referred to as the 2021 Shanghai Auto Show) opened, which is also the first A-level auto show held as scheduled in the world this year. At this Shanghai Auto Show, on the one hand, the independent brand product brands continue to rise and rise in the process of change; on the other hand, the joint venture foreign investment up the ante electric, under the entry of new and old forces and tech giants, the rise of electric intelligence.

　　Among them, Baidu’s Apollo Lego-style automotive intelligent solution was fully unveiled, and the two products of Smart Driving and Zhiyun ushered in a heavy upgrade. Its Zhiyun products can support car companies to quickly build intelligent capabilities, shortening the autonomous driving research and development cycle that originally took at least 7 years to complete to 6 months. After 100 days of official announcement of car building, Baidu CEO Robin Li and Geely CEO Li Shufu gathered. According to people familiar with the matter, the meeting between the two was not at the Shanghai Auto Show, and Jidu Automobile will announce a big cooperation. In addition, Wuling New Energy’s first convertible, Hongguang MINIEV CABRIO, made its world debut. Hengda Motor made its debut with nine models of Hengchi, covering all grades from A to D, as well as a full range of models such as sedans, coupes, SUVs, MPVs, and crossovers.

　　On April 19, the class A share auto index sector rose more than 6%, Dongfeng Motor, GAC Group, Changan Automobile and other stocks rose by the limit. In the Hong Kong stock market, as of the close, Wuling Automobile rose 27.53%, and the intraday increase was over 30%; Geely Automobile rose 4.82%; BYD shares rose 4.77%, Beijing Automobile rose 4.14%.

　　The reporter also noticed that the automotive industry chain has strengthened, including driverless, complete vehicles, automotive electronics, automotive parts, lithium batteries and other branches, among which driverless concept stocks and automotive electronics concept stocks have set off a rise in the limit.

　　New forces should overcome capital barriers, production capacity barriers and market barriers as soon as possible

　　The reporter observed that at the end of March and the beginning of April, China’s "new car-making forces" continued to move: on March 30, Xiaomi, a cross-border car manufacturer, announced "the first investment of 10 billion yuan, and the investment amount in the next 10 years will reach 10 billion US dollars"; on April 7, the 100,000 production car of NIO was mass-produced in Jianghuai NIO Hefei Advanced Manufacturing Base; on April 8, the Management Committee of Wuhan Economic and Technological Development Zone and XPeng Motors officially signed an investment agreement for the intelligent networked car manufacturing base and R & D center project…

　　The "14th Five-Year Plan" clearly focuses on strategic emerging industries such as new energy vehicles, and organizes future industry incubation and acceleration plans in hydrogen energy and other industries. The market believes that this is a strong support for the development of the new energy vehicle industry; not only that, peak carbon dioxide emissions and carbon neutrality targets have become national strategic goals, which has also injected strong impetus into the development of the new energy vehicle market.

　　Not only that, in terms of smart cars, the "14th Five-Year Plan" also makes it clear that vehicle to everything will be actively and steadily developed. The three departments have issued the "National Vehicle to Everything Industry Standard System Suggestions Guide (Intelligent Transportation Related) ", and the construction and development of vehicle to everything related systems continue to accelerate. The reporter observed that the cooperation between car companies and high-tech enterprises is also accelerating. For example, Huawei and BAIC’s new energy brand JIHU have cooperated to launch intelligent luxury pure electric sedan BAIC α coefficient S, and Hengda Automobile has established a joint venture with Tencent’s companies. In this regard, Bohai Securities released a research report and believes that it is optimistic about the trend of intelligent automobile networking, and smart cars are expected to appear "explosive" mass-produced models this year.

　　Zhong Shi, an auto industry analyst, believes that now Chinese and foreign automakers have seen the big trend of industry transformation and entered the new energy automobile industry, which will bring new survival challenges to the "new car-making forces". They must survive capital barriers, production capacity barriers and market barriers as soon as possible. He also said that in the end, to achieve the growth of China’s new energy automobile industry, it depends on the comprehensive competition of car companies in terms of advanced technology, cost control, supply chain improvement, excellent quality, safety and reliability. "Objectively speaking, the technical challenges faced by the’new car-making forces’ are still huge, and domestic car companies in our country need to redouble their efforts to seize the opportunities brought by this industry transformation."

　　Fu Yuwu, honorary chairperson of the China Society of Automotive Engineers, also emphasized in an interview that "new car companies should respect the objective laws of technological development, and maintain respect for the automotive industry while making efforts on the new track of intelligence and electrification."

　　Sales of new energy vehicles are expected to grow rapidly in 2021

　　In the face of joint venture car companies up the ante and our country’s own brand car companies expanding production capacity, is the supply of new energy vehicles oversupplied? On the production side, the industrial added value of the automobile manufacturing industry in the first quarter of 2021 increased by more than 50% year-on-year; while the data of the China Association of Automobile Manufacturers shows that Quarter 1, China’s new energy vehicle production was 533,000, and sales were 515,000, an increase of 3.2 times and 2.8 times year-on-year respectively. For the future market, some car companies told reporters that they are currently expanding their plants to increase production capacity. Among them, Guangzhou Automobile Aian is expected to invest about 500 million yuan and plans to double production capacity in early 2022.

　　On the sales side, the retail volume of narrow passenger cars in the first quarter of this year totaled 5.092 million, an increase of 68.8% year-on-year, a record high growth rate. For the sharp increase in retail volume of passenger cars in the first quarter of this year, the Passenger Association explained that in addition to being affected by the low sales base in the same period last year, another major driving factor is the increasing contribution of new energy vehicles. According to the data of the Passenger Association, in the first quarter, the retail volume of new energy vehicles was 437,000, an increase of 302.9% year-on-year. The retail penetration rate of domestic new energy vehicles in the first quarter was 8.6%, which was significantly higher than the 5.8% in the same period last year. Among them, the penetration rate of new energy vehicles among independent brands in March was 20.5%.

　　Some industry analysts believe that production capacity does not mean actual supply. In the face of changes in fuel vehicles and new energy vehicles in the market, in addition to adjusting the product structure of automobile companies, they will also re-target the marketization goal of new energy vehicles according to their own advantages, and create a marketing method for electric vehicles, which will affect the sales strategy and consumers are expected to benefit.

　　Huaxi Securities believes that with the continuous improvement of the sales structure and quality of new energy vehicles, as well as the continuous launch of high-quality new models such as the Model Y series, supply will drive demand changes, and the penetration rate of new energy vehicles is expected to accelerate. It is expected that sales will grow rapidly in 2021.

[China Network, Industry]

On the other hand, after experiencing a wave of Internet car building, many technology companies have chosen a more rational cooperation situation. At this point, Avita Technology Co., Ltd. was born, aggregating the resource advantages of Changan Automobile, Huawei, and Ningde Times, and becoming the most talked-about new brand.

On November 5, Avita Technology, a subsidiary of Changan Automobile, completed the first round of strategic financing and introduced three new strategic investors in the form of a consortium, with a total amount of 2.42 billion yuan. It is currently awaiting the final approval of the relevant departments of the state market supervision. If it goes well, the Ningde Times Consortium will hold 28.99% of the shares and become the second largest shareholder of Avita Technology.

　Compared with Dongfeng’s Landmap and BAIC’s Extreme Fox, despite the successful exploration of the UNI series, Changan’s high-end brand seems to have come a little late. In fact, Avita’s predecessor was Changan NIO, which was jointly established as early as 2018. The joint venture project has not made significant progress since its birth. On May 20 this year, Changan Automobile announced that Changan NIO New Energy Vehicle Technology Co., Ltd. was renamed Avita Technology Co., Ltd.

According to the plan, Changan Automobile will focus on building the technology ecosystem of technology companies in the future, and accelerate the construction of software and intelligent capabilities. And Avita Technology will become its important carrier. It is not difficult to see the importance attached to it through the new partners re-selected by Changan Automobile.

As the main body of the company, Changan Automobile has rich experience in vehicle manufacturing, and Huawei’s intelligent solutions and CATL’s advantages in the field of energy management ecology will serve as a driving force for Avita Technology to accelerate its catch-up.

According to Tan Benhong, chairperson and CEO of Avita Technology, Avita Technology will soon start a round of financing, and there will be independent listing plans in the future. And this month, the specific development strategy of the brand will be released this month, and its first high-end smart electric vehicle will also be unveiled simultaneously. In the face of today’s high-end smart new energy field melee, whether Avita can come later or talk about the product and the market.

On June 21, we learned from the official that the new M7 Ultra has been listed for 20 days and will break through 30,000 units. As of June 30, it will be able to enjoy up to 35,000 yuan in car purchase rights. According to another set of data released by the official recently, the delivery of the new M7 Ultra in 18 days has broken through 10,000 units, creating a new power model delivery record in China. At the same time, the new M7 has become the first new power model with a delivery volume of 100,000 in 2024.

In terms of power, the new car is equipped with a power system composed of a 1.5T four-cylinder turbocharger and a Huawei drive motor, and provides two-wheel drive and four-wheel drive power options. Among them, the maximum power of the range extender is 112 kilowatts, and the maximum power of the rear axle drive motor is 200 kilowatts; the four-wheel drive model adds a drive motor with a maximum power of 130 kilowatts to the front axle. The new car has a comprehensive battery life of 1300km under full oil and full power under CLTC conditions, and a pure electric battery life of 240km. Under the feeding condition, the fuel consumption of 100 kilometers is 5.6L. The four-wheel drive version of the model is accelerated by 4.8s.

Text | AgeClub

Editor | Chen Miao

Foreword:

In March 2021, JD.com Health Geriatric Medical Center was officially launched, and Ali Health launched a gold nurse at the same time.

After the epidemic, almost all major Internet companies are actively deploying medical and health care. The huge demand for health care exposed by the epidemic has accelerated the layout and entry of Internet Tech Giants into the medical and health field. Recently, from the latest trends of Internet companies such as Alibaba and JD.com in the field of health services, their determination to implement Internet thinking into elderly health services has been landed.

It is undeniable that the Internet has changed the world, and its influence continues to permeate the life scenes covering food, clothing, housing and transportation. For traditional industries, every influx of Internet Tech Giants will inevitably bring a shock to the industry. Therefore, the dynamics of Internet Tech Giants in the field of elderly care services have also been paid attention to and even given expectations. This article will start from the dynamics of Internet Tech Giants in the field of medical and health care, and then explore where the development of the Internet health industry will go.

Internet Tech Giants Deepen Digital Penetration in Health Services

As early as in the community group buying war, there was speculation that since Internet Tech Giants have entered the community business, will any of them see the rich elderly care services in the community? It has been proved that Internet Tech Giants cut into medical health, and then from medical health into elderly care services, has been gradually carried out.

1. ByteDance: A Preliminary Study in the Field of Healthcare

According to public information, as of February 1, 2021, ByteDance has made a total of 37 foreign investments in the past 13 months. In addition to continuing to increase investment in education, Enterprise Services, and gaming, it has continued to build up the ante technology and started a new layout in medical, consumer, and other fields.

Figure: Xiaohe APP under ByteDance

In November 2020, ByteDance launched its first business brand "Xiaohe Medical" in the medical and health field, and also released the Xiaohe Doctor App for doctors and the Xiaohe App for consumers. This is a comprehensive medical app that includes online consultation, medical consultation, medical records, health assessment and other functions to benchmark Ali Health, Ping An Good Doctor.

2. Baidu: Betting on "AI" – the "reputation" battle of the old Internet giants

In the early days, Baidu entered the medical and health track with medical knowledge sharing and medical information retrieval, but its health services were widely criticized, especially in the field of medical search. Baidu was strongly criticized by the public for the "Wei Zexi incident", and medical bidding advertising accidents occurred frequently. Baidu was also under tremendous pressure from public opinion.

Picture: Lingyi Zhihui, a subsidiary of Baidu

According to public information, with the help of AI technology, Baidu has created an AI medical smart medical platform – Lingyi Zhihui, and provided medical institutions with five technical solutions: Clinical Assisted Decision System (CDSS), Fundus Image Analysis System, Medical Big Data Solution, Intelligent Pre-diagnosis Assistant, and Chronic Disease Management.

At present, this part of the business is mainly for the B-end market, providing technical support for hospitals. This also shows that in the future, user traffic in the Internet medical industry will come more from the hospital and the health end, and will also give birth to more B-end cooperation. The coordinated development of government and enterprises has become the mainstream.

3. Tencent: Investment + cooperation, cutting into the field of big health

Tencent’s current layout in the field of big health includes the layout based on Tencent’s product WeChat, the construction of service platforms, the release of AI + medical products, and the establishment of offline clinics. In addition, Tencent has also made a lot of investment in other big health industries. Tencent has successively raised $170 million for Lilac Garden and Registered Network (later renamed WeDoctor Group).

Picture: Tencent Medical Code, a subsidiary of Tencent

At present, Tencent’s own medical products include: WeChat smart hospital, smart hardware product sugar doctor, insurance platform micro insurance, medical science platform Tencent medical code, medical artificial intelligence platform Tencent Miying.

4. Ali/JD.com: From pharmaceutical retail to health services

JD.com and Ali, as Internet manufacturers that started as e-commerce companies, have natural advantages in engaging in medical and health care: that is, through Taobao, Tmall, Alipay, JD.com and other traffic entrances, consumer medical services can reach users in an all-round way.

Picture: Ali Health and JD.com Health are both in

Alipay, Taobao and JD.com interface to open independent sections

In addition to their common drainage advantages, their layouts in the medical and health field are similar, with their businesses mainly focusing on pharmaceutical e-commerce, Internet hospitals, smart elderly care, and consumer healthcare.

In terms of medical health, after years of layout, Ali Health and JD.com Health have developed relatively mature. In the field of smart medical care, they mainly rely on artificial intelligence. Ali and JD.com currently have a number of smart products. Its "Internet medical" business is mainly to cooperate with a number of hospitals to provide patients with one-stop services from registration, consultation to drug purchase. Of course, there are health codes, cloud consultation, consumer medical and other businesses.

In several major sectors, they have great advantages in the Internet pharmaceutical retail track and are also the most mature. But at present, they are obviously not satisfied with the existing status quo, but have chosen to withdraw from the comfort zone of drug sales and circulation, gradually focus on health services, and try to gnaw this hard bone.

In the health service section, the Alipay [Medical Health] channel has recently launched the "door-to-door care" section. Alipay users can conveniently book nurse door-to-door care services provided by gold nurses through the App, including door-to-door injections, door-to-door dressing changes, after-hospital care, post-operative rehabilitation, medical assistance, and so on.

Summary: Internet giants entering the health service market have obvious advantages in terms of capital, technology, traffic, brand influence, etc., and their layout in the medical and health field is very similar, which shows that the business model of "Internet + medical and health" has been relatively mature.

Policy support, market and epidemic catalysis, Internet + medical health ushered in new development

Internet companies have entered the medical and health track one after another, which is inseparable from the dual drive of policy and market.

1. Favorable policy support

The "Internet + medical and health" model has been apparent in the industry for many years, and the national policy level has also listed informatization and standardization as the focus of national medical and health work.

At the policy level, the relevant provisions of "Internet + Drug Circulation" have been greatly relaxed. On November 12, 2020, the State Drug Administration officially released the "Drug Network Sales Supervision and Administration Measures (exposure draft) ". Compared with the previous round of exposure draft, the striking breakthrough of this draft is to "conditionally liberalize" online prescription drug sales, and clearly define some vague areas.

Many industry insiders said that if this management method is implemented, it will help to standardize the Internet drug sales behavior, and also help brand pharmaceutical retail enterprises to develop drug Internet sales. "The sales pattern of online prescription drugs may be re-divided."

At the same time, "Internet +" is also gradually included in the coverage of medical insurance. In August 2019, the National Medical Insurance Administration issued the "Guiding Opinions on Improving the Price of" Internet + "Medical Services and Medical Insurance Payment Policies", proposing unified guidelines on the project management and pricing mechanism of "Internet + Medical Services" and incorporating them into the coverage of medical insurance.

This move is also a key link in the development of Internet medical care. The promotion of electronic medical insurance cards across the country is conducive to the implementation of medical insurance card-free payment and the development of Internet medical care.

2, our country’s pension health industry has huge growth space

The current status of China’s elderly care industry, whether it is real-estate institutional elderly care or home-based community elderly care, the common problem they face is the lack of high-quality medical services. Although there are currently elderly care products and services for the disabled and semi-disabled elderly, it is difficult to meet the needs of China’s huge number of elderly people who lack the ability to live by themselves in both quantity and quality.

Through the intervention of Internet technology, social resources and medical resources can be efficiently allocated, and resource utilization can be maximized. Implant "Internet +" into the medical and elderly care system, starting from the diversified needs of the elderly, re-examine the relationship between elderly care and medical services, alleviate the contradiction between supply and demand of elderly care services, and efficiently allocate medical resources.

3, the epidemic gave birth to Internet + health services

Previously, we have analyzed that the epidemic has spawned a community group buying market, which has caused Internet Tech Giants to flood into the community group buying war, bringing new business opportunities to community pension projects. In fact, in addition to community group buying, during the epidemic, the Internet medical industry has also shown explosive growth.

Picture: "Medical Museum" on the homepage of the Pinduoduo APP

According to public data, as of June 2020, there are nearly 600 Internet hospitals listed nationwide. As of now, Internet companies such as ByteDance, Alibaba, JD.com, Tencent, Pinduoduo, and Ele.me have medical and health tracks. For the huge medical and health market inspired by the epidemic, the "rich and powerful" Internet platform now sees a stage where it can show its skills.

4. It is the general trend for Internet companies to enter the medical and health track

Picture: Meituan "Internet celebrity" small medicine cabinet

The huge pharmaceutical market has allowed Meituan takeaway, Ele.me and other takeaway platforms with huge traffic advantages to also enter the pharmaceutical e-commerce market and enter the pharmaceutical O2O market. As early as 2015, Meituan takeaway had a comprehensive cooperation with the pharmaceutical O2O platform Jingle Kuaiyao, adding a "medicine" entrance, providing users with a "28-minute home delivery" service, and jointly building the country’s largest pharmaceutical O2O platform. In terms of operation, Meituan launched the "0.01 yuan to buy a small medicine cabinet" activity some time ago, which has also attracted a large number of users.

Alibaba, JD.com and other Internet giants have turned from pharmaceutical retailers to elderly care service providers, and the current entry into elderly health services has also caused a lot of shock in the elderly care circle. The actions of Internet Tech Giants, which are industry vane, also seem to suggest that health services promoted by the Internet medical ecosystem are one of the important trends in the future development of the health care industry.

Internet companies are entering medical and health services

Key features and trends

1. Pharmaceutical e-commerce is the starting point of Internet Tech Giants’ cross-border medical and health care, and it is also its main source of revenue

Whether it is a traditional Internet medical platform such as Ping An Good Doctor, WeDoctor or a rookie in the industry such as Ali Health and JD.com Health, medicine is the main source of its revenue. According to Ali’s 2020 financial report, Ali Health’s revenue in fiscal 2020 was 9.60 billion yuan, of which, the revenue of the pharmaceutical self-operated business reached 8.13 billion yuan, accounting for 84.8%, and the pharmaceutical e-commerce platform business was 1.17 billion yuan, accounting for 12.2%. The two together accounted for 97%. The pharmaceutical e-commerce business provoked the "big beam" of Ali Health’s revenue.

Similarly, according to public information, JD.com Health’s total revenue in the first half of 2020 8.80 billion, and the revenue of pharmaceutical e-commerce was about 7.70 billion, accounting for about 87.6%.

As an established Internet medical enterprise platform, Ping An Good Doctor and WeDoctor are similar to Ali Health and JD.com Health in that their main sources of revenue are pharmaceutical e-commerce. However, compared with Internet Tech Giants, which has an inherent traffic advantage, its pharmaceutical retail does not have much advantage.

According to public information, Ping An Good Doctor’s annual revenue in 2020 was 6.866 billion yuan, and the revenue of the pharmaceutical e-commerce business "Health Mall" was 3.713 billion yuan, accounting for about 54.07%. At present, it is trying to generate revenue through health insurance.

2. Shifting from pharmaceutical e-commerce to health services, more cautious

From the current dynamic of Internet companies in the field of elderly care services, they have adopted a more cautious attitude when entering elderly care services, choosing to enter this track through investment and cooperation.

For the in-hospital scenario of health services, choose to cooperate with hospitals, for example: as of the end of March 2020, Alipay has signed more than 15,000 medical institutions, including more than 3,900 secondary and tertiary hospitals, and in 17 provinces across the country, nearly 400 tertiary hospitals are connected to medical insurance payment.

For home medical care outside the hospital, it is to choose mature enterprises in the elderly care industry to cooperate. For example, JD.com and Ali have successively cooperated with gold nurses to solve the rigid demand for nursing services in the home care group. Therefore, for home care, Internet companies will not directly enter this market, but choose to enter through cooperation.

3. From online to offline, strive to create a closed loop of health management online and offline

In recent years, in order to advance the layout of health services, Ali, Tencent, JD.com and other players have already transformed the layout of the offline health industry and seized the track. In the field of pharmaceutical retail, in order to deepen the layout in the field of big health, Ali and Zhang Zhongjing Pharmacy jointly reformed the first future pharmacy in the country. At the same time, it also injected about 454 million yuan into Sushu civilian pharmacy. After that, it officially signed a strategic investment and cooperation agreement with Chinese Health, which mainly formed a deep interest bundle with physical retail pharmacies through the form of capital.

Tencent has followed the same path, investing about $500 million in the "largest" pharmacy chain in China – the pharmacy of Hillhouse Capital Group, which has nearly 12,000 stores across four platforms and stores in North China, Southwest China, Guangdong and Henan.

Picture: JD.com Group Launches "Home Doctor Guardian Star" Smart Speaker

The offline service scene mainly promotes intelligent elderly care in a technical way, and opens the door of the elderly care industry through the key of artificial intelligence offline. For the elderly at home, JD.com Group has launched "Home Doctor Guardian Star" smart speakers, "Elder Smartphones", and smart hardware products such as wearable devices for intelligent health management.

Picture: Tmall Genie

Alibaba uses the smart speaker "Tmall Genie" as the central control hub to build a "smart networked nursing home" to control high definition wireless cameras, various sensors, smart switches, LED smart light bulbs and other equipment. Tmall Genie cooperates with nursing homes in Beijing and other places to launch smart networked elderly care projects, providing advanced AI elderly care solutions for more nursing homes.

At the same time, they will also choose to cooperate with offline hospitals, offline health care communities, nursing homes and other institutions, and use their own advantages to empower health care institutions with digital intelligence technology to achieve online and offline integration, full-scene medical health and health care services, forming a closed loop for users from online consultation to in-hospital diagnosis to post-consultation health management.

4. The battle for talent could become the next point of competition

At present, in addition to relying too much on "selling drugs" for Internet + medical health revenue, its biggest disadvantage with traditional medical institutions lies in the training of doctor teams, especially in the Internet hospital sector, which has been opened by major Internet companies. The training of doctors is very weak.

Picture: The majority of physical hospitals are actively joining the construction wave of Internet hospitals

We can clearly see that Internet companies are playing more of the role of platform providers in Internet hospitals, consultations and other service links. This implies a problem, that is, when many Internet companies are starting to build "Internet hospitals" and "conquer cities and territories", whoever has the talent resources will have the advantage. Therefore, how to deeply bundle hospitals so that they can establish long-term cooperation with platforms? This is also the problem that Internet companies face when they smoothly enter from medical retail to health services.

The worst situation is that if there is a vicious competition, it may bring the dilemma of "choosing one of the two" to traditional hospitals. It will also cause chaos in Internet + health services and affect the market order. Of course, some Internet companies have also seen this problem, such as: JD.com Health and Geriatrics Center will cultivate geriatric medical talents through the establishment of geriatric medical schools, and promote the integrated development of medical services and health care services. And these self-trained professionals will also be transformed into talent reserves and enhance their competitiveness in the field of health services.

Conclusion:

Internet Tech Giants have unique advantages in terms of human, material and financial resources. Their competition in the field of health services will promote the upgrading of elderly health services, and will also bring more changes and innovations to the slightly dull elderly care industry. In the battle for medical and health care, whether it is a "hegemon" like Ali and JD.com or an "expert" like WeDoctor, Good Doctor, and Lilac Garden who win the final victory, it will bring a profound change to the elderly care service industry.

　

On April 1, Leslie Cheung’s last concert, which was also considered a "classic", "Passion" Ultra HD Repair, premiered globally on TME live, QQ Music, WeChat Channels, Tencent Video and other platforms.

The ultra-clear repair version of the concert by Tencent Music Entertainment Group and Universal Music’s record label Polygram jointly launched, Tencent Cloud Multimedia Lab undertook the specific repair work of the concert video.

　

Tencent Cloud Multimedia Lab is affiliated to Tencent CSIG Business Group (Cloud and Smart Industry Business Group). It has been engaged in video processing since 2013. One of its main responsibilities is to provide fully automated digital repair technology to various internal product departments, featuring low cost and high efficiency. Batch processing of 2D-based massive videos in Tencent Cloud and other systems.

　

According to reports, Tencent Cloud Multimedia Lab is mostly engaged in the repair of movies, TV dramas and other scenes. The repair of concerts is the first time. The difficulty lies in the fact that portraits and scenes can change and switch rapidly in the concert lighting. However, Tencent Cloud Multimedia Lab has previously accumulated less data in this regard.

　

Li Songnan, director of Tencent Cloud Multimedia Lab, told Dongxi Entertainment that this also gave Tencent Cloud Multimedia Lab the opportunity to upgrade the system and algorithm of the repair technology by repairing this concert.

　

Li Songnan said that the goal of this restoration is to ensure that the repair is as old as the old, but also to preserve the artistic effect of the concert. Due to the many scenes of the concert screen and the complicated changes caused by frequent lighting and switching, Tencent Cloud Multimedia Lab has adopted the measure of "algorithmic classification processing for different scenes" to find the optimal solution in the continuous trial and error, and at the same time add manual intervention to optimize the algorithm parameters.

　

The restoration of Leslie Cheung’s concert has further enriched the restoration category of Tencent Cloud Multimedia Lab. In view of the strong demand for the restoration of old films, Tencent Cloud Multimedia Lab plans to further connect its own technology with various demand parties, and use technology to achieve the goal of helping the inheritance of classic culture.

　

First attempt at concert repair

Automated digital repair + manual intervention combined

　

Tencent Cloud Multimedia Lab expert researcher Xia Zhen told Dongxi Entertainment that the cooperation between Tencent Cloud Multimedia Lab and Polygram began in early March.

"At that time, Tencent Music Entertainment Group contacted Polygold Records, and the two sides had their own needs, and the cooperation was reached very quickly."

　

Xia Zhen introduced that since the establishment of Tencent Cloud Multimedia Lab in 2013, one of the main technical directions has been fully automatic digital repair, but previously it was mainly engaged in the repair of movies, TV series, etc., and it was the first time to engage in the repair of concerts.

　

"Concert scenes are not as stable as movies and TV dramas, which are more uniform in terms of color and artistic style, and are more suitable for automatic repair through algorithms. The picture, color and scene of concerts are constantly changing and switching. Previously, the algorithm model of Tencent Cloud Lab did not process much data on concert scenes, so it would be difficult to automate repair based on algorithms," Xia Zhen said frankly.

　

In this regard, Tencent Cloud Multimedia Lab is based on a set of automated processing engines.According to the different scenes of the concert screen, the algorithm classification processing is carried out to find the optimal solution in the continuous trial and error, and the manual intervention optimization is completed.

Xia Zhen gave an example. For example, for a large scene in a concert, Tencent Cloud Multimedia Lab used GAN superfractions to repair it. Before the repair, such large scenes were generally blurred, but after GAN superfractions, the clarity and texture were greatly optimized. For example, if there is a lot of noise in a concert, the technical team will also reduce the noise for this scene.

　

It is understood that pure algorithm repair usually takes only two days, but this time it is a concert, so more time is spent trying different algorithms to ensure that there is a balance between the results of the algorithm and the final effect.

This is also related to the overall goal set by Tencent Cloud Lab for this fix:That is to repair the old as the old, while ensuring the improvement of image quality, it can also retain the original artistic effect of the whole concert.

　

However, Xia Zhen also said that there is no standard in the industry to define the degree of repair, "I can only say that this is the goal or purpose, and then try to adjust the algorithm towards this goal, and then try to judge according to the degree visible to the naked eye."

　

"For example, the resolution of the master tape we got at that time was only 720 × 480, which was not high. But after the repair, the relevant image quality has indeed been greatly improved. We have achieved a resolution close to 4K, and the resolution has been increased by about 6 times. The smoothness of the whole picture has also been improved. We have also made some optimizations in the frame rate, including some details of Leslie Cheung’s face, as well as his eyes, eyes, and the long fake hair he wore throughout the concert. The hair is much better than before." Xia Zhen said.

　

　

Borrow the concert to repair

Realize the dual iteration of the original technical system + algorithm

　

Li Songnan said that by repairing Leslie Cheung’s concert, Tencent Cloud Multimedia Lab has also undergone a relatively large number of technical iterations, mainly including system-level iterations and algorithm-level iterations.

　

The system-level iteration is mainly on the iteration of the analysis module.According to the introduction, in terms of the repair process, it is generally divided into four steps. One is intelligent analysis, which mainly analyzes the quality of the video, including the type and degree of distortion; the other is repair, which is mainly used to repair various distortions in the video, such as the distortion that often occurs in old movies, such as noise, interlaced distortion, etc.; the third is enhancement, the goal is to make the image content look clearer and richer; the fourth is coding, that is, to restore the content of the video at as little bit rate as possible.

　

The iteration of the analysis module is the first step in the repair workflow. Li Songnan said that since the algorithm of Tencent Cloud Lab has basically not touched the type of concerts before, the video content of various industries varies greatly, especially the type and intensity of video distortion in different generations are very different. "This requires the adaptability of the iterative analysis module, so that under the principle of minimizing manual intervention, the analysis module can adaptively handle different types of videos."

　

Algorithmic iteration mainly refers to video super-resolution and face repair.

　

Li Songnan said that the original work of Tencent Cloud Multimedia Lab was mainly video noise reduction and background enhancement, based on traditional algorithms.

　

"After that, many of the models on Tencent Cloud were based on AI and deep learning, but they were originally based on convolutional neural networks, and now they are expanded to use generative networks because generative networks can generate a lot of details," Li Songnan said.

　

Another major iteration is face repair.According to reports, the previous face repair in the industry was mainly based on pictures. The face repair in the video of Tencent Cloud Multimedia Lab was considered an innovative attempt in the industry. At the same time, with this concert starting to be based on video repair, the lab also began to make some artificial algorithm parameter adjustments based on the algorithm.

　

Li Songnan introduced: "During this research and development process, I tried some technical methods, accumulated some good results, and became a good experience in the laboratory. Of course, there is still room for progress in the future."

　

The market demand for old film restoration is increasing day by day

Technology empowered culture

　

According to official information, the Tencent Cloud Multimedia Lab is a technology-oriented laboratory under the Tencent CSIG business group, and its work mainly consists of two parts. First, it will participate in the formulation of international and domestic multimedia-related standards; second, it will provide the daily accumulated technology to Tencent Cloud, Tencent PCG (Tencent Platform and Content Business Group) and WXG (Tencent WeChat Business Group), and Tencent Music Entertainment Group and other departments internally, and export the technology to customers externally.

　

Li Songnan introduced,At present, the common "old film repair" in the market generally has two categories: physical repair and digital repair. Physical repair refers to the repair of film, including removing impurities on it and repairing deformation; while digital repair is divided into automatic repair and manual repair.

　

"At present, Tencent Cloud Multimedia Lab mainly focuses on fully automated repair based on machine learning and deep learning. The goal is to use algorithmic automation to reduce the cost of subsequent manual repair and improve related efficiency through less human intervention," Li Songnan said.

　

This path choice comes from the needs faced by Tencent Cloud Multimedia Lab. "Since the user videos served by Tencent Cloud Multimedia Lab are very large, it is impossible to do fine offline processing for each video, so it is necessary to continuously improve the adaptive ability of the algorithm to achieve the purpose of saving time and increasing efficiency."

　

Li Songnan, for example, for a two-hour concert, traditional manual repair may take one or two months. But from the perspective of algorithm repair, the result can be run in two days.

　

It is understood that the market demand for the restoration of old films is increasing, and many film studios and TV stations have accumulated a large number of old videos. Some of them plan to be re-released or need to be adapted to the current 4K or 8K TV. In addition, some entertainers also need to restore earlier concerts.

　

"The restoration of old films is a relatively long-term thing, and it can be done all the time," Mr. Li said. "The reason is that the quality of the videos that the audience sees now is not bad, and the quality may not be good in three or five years. At the same time, the viewing equipment is also being upgraded. For example, VR monitors and immersive displays will be used more and more in the future, and the update of the display method will accelerate the diversification of the demand for old film restoration technology."

　

Li Songnan stressed that the current video processing is mainly based on 2D video repair and enhancement, and in terms of resolution and frame rate, try to improve the user’s immersion in 2D conditions."But in terms of the future direction, it may also develop in a holographic way.3DAlso, including3Freedom, and finally6Degrees of freedom, the lab has invested in this. "

　

However, Li Songnan also pointed out that some voices have raised the question of whether the current video repair can be used in more social fields, such as optimizing surveillance video and cracking down on crimes. "Although the current technology can achieve face repair and face clearing, it is still difficult to apply in the actual security field. It is impossible to judge whether it is that person from the video. After all, it is generated by an algorithm, and it is not suitable to use it as evidence.

　

Li Songnan said that at present, as a technical department of the laboratory, more business goals are to cooperate with more partners with the ability of the laboratory’s ultra-clear immersion repair engine, while helping the development of the audio & video industry, empowering the classic culture through technology.

　

　

EW-Entertainment

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