On February 28th, Chery New Energy iCAR 03 was officially launched on the market. Six new models were launched, with the price range of 109.8-169.8 million yuan, including three two-wheel drive models and three four-wheel drive models. It is understood that iCAR 03 is the first model of iCAR Automobile, positioning a hard-core pure electric SUV, making its debut at the 2023 Shanghai Auto Show, based on the i-MS multi-element Rubik’s Cube new energy architecture.

In terms of appearance, iCAR 03 is built in a fairly hard-core design language, and there is almost no rounded line design on it. The front face adopts a closed grille shape, and the "iCAR" brand logo is also designed in the center of the front of the car. The headlights with inverted "L" shapes on both sides are also integrated with the front of the car, and the internal light source layout is also very chic. After lighting, it has a high degree of recognition. In addition, the new car is equipped with a large front enclosure, and the overall gas field looks more domineering.

On the side of the car body, iCAR 03 adopts a straight waistline design, and the black wheel eyebrows and side skirts below with off-road tires further emphasize the off-road positioning of the car. In the rear part, the overall style of iCAR 03 is consistent with the front face, and the taillights are vertically distributed on both sides, and an I-shaped light source is integrated inside, which can form a good echo effect with its brand Logo. In addition, the rear enclosure of the new car is also quite wide, which can form a good echo effect with the front enclosure design, and it is also equipped with an external "small schoolbag" with a storage box inside. In terms of size, the length, width and height of the new car are 4406/1910/1715mm, respectively, and the wheelbase is 2715mm, positioning a compact pure electric SUV.

Entering the car, the new car also adopts a very hard-core design style. With the blessing of various colors and materials, the interior of the car shows an overall atmosphere different from that of ordinary family cars. ICAR 03 adopts symmetrical layout, a large central control screen occupies position C, and the through design under the center console expands the internal storage space, which is convenient for storing and taking daily necessities. In the lower sub-instrument panel area, iCAR 03 also designs a knob similar to crystal material, which we guess can control the related functions of the vehicle. ICAR 03 adopts a three-position steering wheel, which simplifies the button design and cooperates with the wheel for functional operation.

In terms of configuration, iCAR 03 will be equipped with 6-way electric adjustable seat, dual-zone automatic air conditioner, air outlet of rear air conditioner, roof rack and other configurations as standard, and the middle and high-end models will also be equipped with higher-level configurations such as 8155 chip, NFC key, wireless fast charging of 50W mobile phone, four-tone voice interaction, steering wheel heating, front seat heating, main seat ventilation/massage, Infinity 12 speaker sound and electric tailgate.

In terms of power, the new car is available in single/dual-motor versions, in which the maximum power of the single-motor version is 135 kW (184 HP) and the maximum power of the dual-motor four-wheel drive version is 205 kW (279 HP). In addition, the new car will be equipped with iWD intelligent electric four-wheel drive and adopt H-arm multi-link and hydraulic bushing chassis structure, which can provide a variety of driving modes to meet various car scenes.

Generally speaking, iCAR 03 has certain competitive advantages. Its hard-core off-road design style is more sought after by young consumers, and it is also competitive as a pure electric SUV with a price of 140,000-190,000 yuan. However, the disadvantages of iCAR 03 are also obvious. Its 8155 chip is not standard in all systems, and the performance of the two-wheel drive version is not outstanding enough. The longest battery life of 501km is not as good as that of other electric vehicles on the market, which may be more focused on performance.

At present, Chery’s Chery, Xingtu and Jietu brands have all completed the layout of new energy, and the iCAR brand represented by young and cool has also started the model building of new market segments. It is understood that iCAR was released on the eve of the 2023 Shanghai Auto Show. It is the first new energy automobile brand under Chery Automobile. iCAR GT (concept car) and iCAR 03 were released at the auto show. It is understood that iCAR is mainly oriented to the price range of 150,000 yuan, first from A0 to the mainstream market layout of A-class cars, and then B-class cars will be launched.

According to the retail data, the cumulative sales volume of Chery New Energy in 2023 was 107,909 vehicles, of which the highest-selling model was Chery QQ ice cream with 67,787 vehicles, followed by Chery Ant with 26,750 vehicles. As a new layout of Chery Automobile in the field of new energy vehicles, it remains to be seen whether iCAR 03 can become the next explosion.

　　　　I am 35 years old and divorced. I met a divorced man with children on the dating website. He is four or five years older than me. When I first met him, I took a try attitude and went out to see him without dressing up.

　　I don’t intend to find a man with children in my heart. I have never had children myself, and I have no idea whether I have the ability and patience to take care of children.

　　After meeting me, the man seemed to have a good impression on me, and kept calling and texting, and there were many sweet words. At first, I was not tempted. I thought such a man was a bit unreliable.

　　After several meetings, he showed his sincerity. He showed me all kinds of documents, including ID card, real estate license and salary certificate, and insisted on buying me some expensive gifts.

　　The sincerity he showed made me constantly convince myself that this man is serious about me, and maybe I should try to have a good relationship with him.

　　According to what I mean, two people can talk about marriage after a period of normal communication, and after six months to a year. But he seems to be in a hurry. He keeps telling me to marry him. The reason is that it is very hard to live alone, and it is also very difficult for him to educate his children. I hope I can help him with his homework and take interest classes. I feel that his purpose is too strong, and my heart is very hesitant.

　　What makes me even more unacceptable is that he asked me for sex in various ways, implicitly or explicitly. I am not a very conservative person, and I feel that these things will be done after I have a certain emotional foundation. We have just begun.

　　I turned him down and told him a lot, but he just wouldn’t give up. Basically, he would mention this topic every time he talked on the phone or online, saying that he regarded me as his wife and was eager to have physical contact with me, but he also made it clear that he would respect my wishes and wouldn’t force it.

　　On the one hand, because of his sincerity, I don’t want to give up the opportunity to continue to associate with him; On the other hand, his forced marriage and bed made me feel embarrassed and didn’t know how to deal with it.

　　About three weeks later, one weekend, he invited me to his house. At that time, he said that there were old people and children at home. After I went there, I found that he was the only one. I asked him, and he said that the old people and children had gone to visit relatives.

　　After entering the house, I can’t quit, and then I think about what he said before, he won’t let me do what I don’t want to do, and I’m more at ease. Just sitting in the living room, chatting with him and eating fruit. Not long after talking, he got up and picked me up and walked to and from the bedroom. I was so scared that he wouldn’t listen to me at this time …

　　At the last minute, I refused to do anything. He actually hugged me and cried. I have never seen a man crying in front of me. It may be a natural motherhood. My heart suddenly softened and I felt that it was a bit cruel to a man who loved me.

　　Finally, he got his wish.

　　Afterwards, he said that he loved me and was responsible for me. Although I am full of doubts about his way, I have no choice at this time. I feel that I have been moved at once, and I still hope that he can treat me well as always.

　　Our relationship seems to have undergone some subtle changes after this incident. His phone messages seem to be much colder than before, and he no longer takes the initiative to find me when my QQ is online. I couldn’t bear to break up with him, and he struggled to get it back.

　　Finally, I chose to forgive and resume communication. After that, he asked for sex several times, and I was reluctant every time, and finally compromised. Then he regretted it, because every time he got it, he didn’t contact me very enthusiastically, and his wife’s name and sweet words were gone. I feel very lost.

　　When I am most sad, he can ignore everything when he is busy. I believe he is busy sometimes, and he is under great pressure when he arrives at a new unit. One thing that can comfort me is that he keeps saying that he still wants to get married with me as soon as possible.

　　This makes me believe that he is serious about me. But now, when we have been dating for more than three months, I also doubt this. The reason is that he forgot it on my birthday, and I am very unhappy. He said he was embarrassed and said it wouldn’t happen again, but he didn’t propose a remedy.

　　I asked him to accompany me to the movies, but he actually said that it was not cost-effective to watch movies outside, so he might as well watch them at home. He offered to invite me to dinner on Saturday, but the next day, he had something temporary and didn’t tell me in time that the plan had changed. He didn’t send a text message until one o’clock in the afternoon to say it, and he had something outside in the evening, and he didn’t call at ten o’clock in the evening. I called and the phone was turned off.

　　Later, at about eleven o’clock, I called again, and my cell phone was turned on. I suddenly got angry and had a quarrel with him. Because he didn’t know that I had been waiting for him, according to him, he went back after eight o’clock, and his mobile phone was charging, but why did he tell me that he had returned in other ways? The next day was Sunday, and I didn’t contact each other for another day. I called in the evening and apologized lightly for Saturday.

　　I don’t know what the problem is in this situation. Is it really because you get it that you don’t know how to cherish it? Is it time for us to end?

　　Reply:

　　For one thing, I don’t think this man is purely here to cheat. If it’s really purely for cheating, I won’t show you my ID card, work permit and real estate license, and I’ll say goodbye to you after going to bed, so I’m too lazy to cope with your later petty sex!

　　Secondly, I can see that you are also a little "difficult" woman. In such a relationship, you are entangled with him too much, and you regard every detail as an index to evaluate love and men, which makes you more and more collapsed in your relationship.

　　Maybe you also want to know, what kind of man is he?

　　I think he is probably just an ordinary man. After years of divorce, he needs a life partner, but also a physical partner, and his children need a stepmother. He is really looking for a companion, someone to live with. Love or not, it is second.

　　But you and he have different needs on this point. You also need a partner, but first of all, you need a lover, a lover who can fall in love, talk about interest and accompany you in a small mood. Although you are 35 years old and divorced, the standard of choosing a spouse in your heart is still like a girl.

　　None of you are wrong. What’s wrong is that you don’t understand each other’s real thoughts correctly.

　　After a man gets a woman, he really won’t cherish it as much as before. At the same time, it also means that a man has returned to reality. Before, his hospitality, sweet words and expensive gifts were all to please you in order to get you. This kind of flattery doesn’t mean that he is a liar, a man with passionate desires, and sometimes he is impulsive enough to make you think that he is a pervert. After the impulse, if he still refuses to let you go and still wants to talk about marriage with you, it will be clear that he is not a pure liar.

　　I don’t know why your last marriage failed. But in a long letter, you can feel your paranoia about some details. Yes, although women who have failed once all refuse to fail the second time, it is not necessarily that the second time will be complete if they carry the details too clearly and carefully! Just like your performance in the "birthday event", it is a bit too serious. There are countless men in the world who forget their girlfriends’ birthdays, but this alone does not mean that he is really unreliable.

　　It is said that "details defeat love", and a woman who pays too much attention to details will certainly be defeated by love.

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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　　After 1.1 billion yuan of "advertising door",There is also a big alarm.

　　BYD has always been regarded by many people as the leader of domestic new energy vehicles and the spokesperson of domestic independent brands. In just five years after listing, the operating income reached 100 billion yuan. However, with the release of the 2017 annual report and the first quarter report of 2018, it shows that BYD’s operating conditions are not optimistic. This paper discusses and analyzes BYD’s operating conditions from the financial point of view.

　　Affected by the decline in subsidies for new energy vehicles, BYD’s net profit in 2017 fell by 19.5% year-on-year, and its net profit in the first quarter of 2018 plummeted by 83.1% year-on-year. And in a quarterly report, it is estimated that the net profit attributable to shareholders of listed companies will drop by 82.59% to 70.98% from January to June this year.

　　The 1.1 billion "advertising door" incident in July this year pushed BYD to the forefront of public opinion. Some critics outside believe that such an incident has exposed some problems in BYD’s management. Will management problems have an impact on the company’s business? We can observe its real operating ability and financial situation by analyzing its financial statements.

　　The difficulty of profitability and growth ability

　　Table 1 BYD’s gross profit margin in 2015-2018

　　Table 2 BYD’s net interest rate in each period from 2015 to 2018

　　As can be seen from the chart comparison, although BYD’s gross profit margin has declined slightly in recent years, it is still relatively stable, but the net profit rate has generally declined since 2017, reaching 1.07% in the first quarter of 2018, down 71.16% year-on-year. At the same time, according to the 2017 annual report, although BYD’s operating income increased by 2.36% year-on-year, its net profit returned to its mother decreased by -19.51% year-on-year, and its non-net profit decreased by 35%. Then we will horizontally analyze the results of BYD’s main business income and gross profit margin in 2017 compared with the same industry to determine the reasons for the decrease in profits. BYD’s main business is mobile phone parts and assembly, automobiles and related products, rechargeable batteries and photovoltaics. We take Foxconn, Beiqi New Energy,For comparison.

　　Table 3 Comparison of gross profit margin and changes of BYD’s main businesses with the same industry in 2017

　　It can be concluded that the yield of BYD’s mobile phone sector and assembly industry is good, but the yield of automobile industry and battery and photovoltaic industry is worrying.

　　On the whole, there are four reasons.

　　First, the state subsidies for new energy vehicles have fallen sharply. In 2017, the subsidies for new energy vehicles fell by about 20%, which directly led to the decline of the company’s performance. If the new energy policy continues, this unfavorable factor will continue.

　　Second, industry competition has intensified. I am in 2017The total sales volume of automobiles in the whole year was 777,000, and all major automobile companies showed strong interest in the field of new energy vehicles, such as established BAIC, GAC and SAIC, and emerging Weilai and Tucki, which doubled the pressure on BYD. And in 2018, joint venture brands also began to enter the market, and BYD will face more intense competition.

　　Thirdly, BYD’s power battery industry is under great technical pressure. At the same time, it has been suppressed by Contemporary Amperex Technology Co., Limited, and its battery sales have been surpassed.

　　Fourth, considering the cost, the prices of the four core raw materials for manufacturing batteries have risen steadily, which has greatly reduced BYD’s battery profits. It is predicted that if these four problems can’t be solved in time or enterprises can’t find another way in the future, BYD’s profitability and growth ability will continue to decline.

　　Table 4 Sales volume of domestic mainstream independent brand new energy vehicles in 2017

　　Pressure of debt repayment

　　Table 5 BYD in 2015-2017,、Solvency index

　　Comparing BYD with two companies in the same industry, it is found that BYD’s solvency is significantly lower than that of the other two companies, which deserves our attention. In particular, the quick ratio and cash ratio are far lower than those in the same industry, which shows that there are risks in the short-term solvency of enterprises, and cash and cash equivalents are difficult to repay the current liabilities borne by enterprises. At the same time, it also proves that BYD’s accounts receivable and inventory are relatively high in the same industry. Then let’s analyze the status of BYD’s inventory, accounts receivable and prepayments.

　　Table 6 Changes of BYD’s inventory, accounts receivable and prepayments in 2015-2017

　　BYD’s accounts receivable increased by 24.20%, prepayments increased by 312.24%, and inventory increased by 14.32%, which was amazing. These data potentially show that BYD does not hesitate to sell on credit in order to expand the market and improve its competitiveness. At the same time, its bargaining power has begun to weaken in the face of suppliers. Excessive inventory also affects the turnover efficiency of enterprises and increases the occupation of funds. All these situations are warning the increasing financial pressure of enterprises.

　　Operational capacity that needs to be improved urgently

　　Table 7 Operating Capacity Indicators of BYD, Changan Automobile and Yutong Bus in 2015-2017

　　The data shows that BYD is also under pressure compared with its peers in terms of operational capacity. Compared with the industry, BYD’s inventory turnover days, total assets turnover rate and average collection period are weak. In 2017, average collection period is even 21 times that of Changan Automobile, while the inventory turnover days are about 4 times that of Yutong Bus, which reflects the poor liquidity of enterprises and highlights the urgent need for improvement in their current assets management.

　　The core reason why the 1.1 billion "advertising door" incident has had such a great impact on BYD is that once this incident is settled, BYD needs to bear part of the responsibility, which is undoubtedly unbearable for investors. After all, BYD’s net profit in the first quarter of this year was only 102 million yuan.

　　No matter from the "advertising door" incident or the above analysis of BYD’s operation from the financial indicators, they all sounded the alarm for BYD’s management. As a leader in energy vehicles, it needs perfect corporate governance, and more importantly, it needs excellent results to repay investors. Otherwise, investors will vote with their feet.

Beijing, Oct. 14 (Xinhua)-On September 23-24, the 3rd China Catering Marketing Summit was held in Beijing International Trade Hotel. The summit was jointly sponsored by the World Federation of Chinese Cuisine Industry, Yangguang.com and Hongcan.com, and hosted by Hongcan Brand Research Institute and Yangguang.com Catering Channel. Weimeng Smart Catering, Focus Media, Knock Knock Laike and Chuanwazi Food provided strategic support.

During the two-day "The Third China Catering Marketing Power Summit", more than 30 distinguished guests, including founders of well-known catering enterprises, investors, mentors in the marketing field and catering game breakers, shared their valuable experience in marketing, branding and business changes with the 1000+ catering practitioners and related persons present, and discussed in depth the changes and future trends that the catering market is facing.

(Photo courtesy of the enterprise, issued by Yangguang. com)

At the same time, the summit also held the launching ceremony of "Red Food Carving", the press conference of the second China Catering Brand Festival and the launching ceremony of the Good Food Future-China Catering Project Competition.

The following are the highlights of the same period:

Launching ceremony of "Red Food Carving" for catering professionals.

Hongdong Food Carving will take Tik Tok as the breakthrough point, fully integrate the catering industry resources and external cooperation talent matrix of Hongdong.com, continue to adhere to the original intention of Hongdong.com to speak for the catering industry and serve the catering people, focus on creating an all-media talent matrix and content resource library on the vertical content of catering specialty, and link the brand customer resources in the catering industry chain in the form of strategic cooperation and incubation contract signing, so as to establish an influential talent organization to meet the marketing and publicity needs of the catering industry.

(Photo courtesy of the enterprise, issued by Yangguang. com)

(Photo courtesy of the enterprise, issued by Yangguang. com)

(Photo courtesy of the enterprise, issued by Yangguang. com)

Press Conference of the 2nd China Catering Brand Festival

In 2020, "The First China Catering Brand Festival" created a special festival for the catering industry, which made the upstream and downstream industrial chains, media, capitalists and other forces in the country pay unprecedented attention to the catering track. No matter the high quality of the summit speech at the main venue or the live online food broadcast, it opened new thinking and new horizons for the industry, and brought new links and opportunities to the catering industry.

At the press conference of "The 2nd China Catering Brand Festival", it is understood that it will upgrade and iterate on the basis of the first session, and launch a more heavy series of activities.

(Photo courtesy of the enterprise, issued by Yangguang. com)

(Photo courtesy of the enterprise, issued by Yangguang. com)

Good Future of Catering-Launching Ceremony of China Good Catering Project Competition

Fan Ning, co-founder of Hongcan.com, announced that Hongcan.com and 30,000 Capital will join hands with more than a dozen well-known investment institutions to jointly launch the "Good Food Future-China Food and Beverage Project Competition", and officially launched the online registration channel on the same day.

It is understood that the contest will be registered for one month (September 24-October 24), and the direction of registration and entrepreneurship projects covers catering enterprises, catering industry chain, catering retail and other fields.

(Photo courtesy of the enterprise, issued by Yangguang. com)

In his speech at the conference, Huang He, the founding partner of 30,000 Capital, revealed that during the contest, 30,000 Capital and Hongcan.com, together with many financial and strategic investment institutions such as Netju Capital, Jiahua Capital and Tencent Investment, will jointly launch the first 72-hour catering entrepreneurial marathon with the innovation of "workshop+guest input", such as industrial giants such as Tasty, New Hope, Haidilao and log cabin barbecue, as well as expert tutors such as Ma Songshen.

(Photo courtesy of the enterprise, issued by Yangguang. com)

Fan Ning, co-founder of Hongcan. com, said that the "Good Future of Catering-Good Catering Project Competition" launched this time will focus on the catering field, tap innovative good projects, find innovative enterprises and founders with the most growth value in the catering and food field, and empower the rapid growth of innovative catering projects.

(Photo courtesy of the enterprise, issued by Yangguang. com)

Cctv news: According to the news of WeChat WeChat official account, the Internet and related service industries developed steadily from January to October. Business income and operating profit of enterprises maintained rapid growth; Internet platform services and data services have grown significantly; Many provinces maintained a growth trend; The number of mobile applications continues to decline.

I. Overall operation

Internet business revenue maintained a rapid growth trend. From January to October, China’s Internet and related service enterprises above designated size (referred to as Internet enterprises) completed business income of 1,310.2 billion yuan, up 23.4% year-on-year, and the growth rate dropped by 2 percentage points compared with the previous three quarters, with an average growth rate of 18.1% in two years.

Figure 1 Growth of Internet business income from January to October in 2020-2021 (%)

Operating profit and operating cost increase simultaneously. From January to October, Internet companies achieved an operating profit of 117.4 billion yuan, a year-on-year increase of 21.3%, an increase of 4.5 percentage points over the previous three quarters, with an average growth rate of 14.9% in two years. Operating costs increased by 20.9% year-on-year, and the growth rate decreased by 3.7 percentage points compared with the previous three quarters.

The growth rate of research and development expenses has dropped. From January to October, Internet companies spent 58.79 billion yuan on R&D, up 2.6% year-on-year on the basis of a high base in the same period last year, and the growth rate dropped by 9.3 percentage points compared with the previous three quarters.

Second, the sub-business operation

(1) The revenue from information services continued to grow, and the field of audio and video services showed an outstanding growth. From January to October, Internet companies completed information services (including online music and video, online games, news information, online reading, etc.) with a total revenue of 706.1 billion yuan, up 17.5% year-on-year, and the growth rate dropped by 2.3 percentage points compared with the previous three quarters. It accounts for 53.9% of Internet business income. Among them, the field of audio and video services has maintained rapid growth; Enterprises in the field of online games grew steadily; The business income of news and content service enterprises increased rapidly; The growth rate of business income of enterprises mainly providing search services rebounded.

(2) Internet platform revenue grew rapidly, and the growth rate of online sales and production logistics services declined slightly. From January to October, the income of Internet companies from platform services (mainly production service platform, life service platform, scientific and technological innovation platform and public service platform) was 484.1 billion yuan, up 38% year-on-year, and the growth rate dropped by 3 percentage points compared with the previous three quarters. It accounted for 37% of Internet business income, up 3.9 percentage points year-on-year. Among them, the business income of online sales platform and life service platform enterprises declined slightly compared with the previous three quarters; Enterprises providing manufacturing platform services grew steadily; The income of production and logistics platform enterprises has declined compared with the previous three quarters.

(3) The income from Internet access services increased slightly, and the development of Internet data services accelerated. From January to October, the income of Internet enterprises from Internet access and related services was 35.03 billion yuan, up 3.4% year-on-year, and the growth rate was 2.4 percentage points higher than that in the previous three quarters. The revenue from completing Internet data services (including cloud services and big data services) was 22.21 billion yuan, a year-on-year increase of 28.2%, and the growth rate was 0.9 percentage points higher than that in the first three quarters.

Third, the operation by region

The income of Internet business in the eastern region has grown steadily, while that in the western region has increased rapidly. From January to October, the income from Internet business in the eastern region was 1,115.4 billion yuan, up 23.6% year-on-year, and the growth rate dropped by 1.6 percentage points compared with the previous three quarters, which was 0.2 percentage points higher than the national average, accounting for 89.6% of the national (excluding cross-regional enterprises) Internet business income. The income from Internet business in the western region was 78.29 billion yuan, up 41% year-on-year, and the growth rate was 17.6 percentage points higher than the national average. The income from Internet services in central and northeast China was 47.64 billion yuan and 3.93 billion yuan respectively, up by 2.3% and 6.9% year-on-year, and the growth rate dropped by 0.9 and 3.6 percentage points respectively compared with the previous three quarters.

Internet services in many provinces maintained a rapid growth trend. From January to October, Beijing (up by 29.6%), Guangdong (up by 11.8%), Shanghai (up by 36.5%), Zhejiang (up by 17.7%) and Jiangsu (up by 3.7%), the top five Internet businesses, achieved a total revenue of 1,041.9 billion yuan, up by 23.7% year-on-year, accounting for the whole country (. There are 25 provinces and cities that have achieved positive growth in the growth rate of Internet services nationwide, an increase of one from last month. Among them, Hainan, Yunnan, Tibet and other three provinces increased by more than 50%, while Anhui and Jilin provinces decreased by more than 15%.

Fourth, the development of China’s mobile application (APP)

The total number of mobile applications (apps) continues to decline. By the end of October, the number of apps monitored in China’s domestic market was 2.72 million, a net decrease of 20,000 compared with the end of September. Among them, there are 1.36 million APPs in local third-party app stores and 1.36 million apps in Apple Store (China). In October, there were 110,000 new apps on the shelves and 130,000 apps off the shelves.

The number of game applications still ranks first. By the end of October, the number of apps ranked in the top four in mobile application scale accounted for 59.1%, and other 10 types of apps such as life services and education accounted for 40.9%. Among them, the number of game apps continued to lead, reaching 679,000, and the number was the same as at the end of September, accounting for 25% of all apps. The number of daily tools, e-commerce and social communication apps reached 406,000, 274,000 and 247,000 respectively, ranking second to fourth. The number of photo photography and theme wallpaper apps has increased more than that at the end of September.

The downloads of games, daily tools, social networking and audio-visual applications are in the top. By the end of October, the total distribution of on-shelf applications in China’s third-party application stores reached 2,039.4 billion times. Among them, the downloads of games, daily tools, social communication and music videos all exceeded 200 billion times, reaching 292.4 billion times, 279.2 billion times, 254.5 billion times and 231 billion times respectively, ranking first to fourth; Life service, news reading, system tools and e-commerce ranked fifth to eighth with 187 billion times, 156.6 billion times, 150.8 billion times and 138.9 billion times respectively. Among other applications, the applications that have been downloaded more than 50 billion times include finance (99.7 billion times), photography (77.5 billion times) and sports health (50 billion times).

"You came so fast that the dog was saved." The nurse in a pet hospital in Changping, Beijing, said excitedly to the courier Zhang lei. When I saw that the whole medical team was relieved, "I felt relieved, especially when I arrived at the pick-up place and saw the customer’s face anxious, I knew how important it was for him to have a dog undergoing surgery and waiting for blood." Zhang lei said, "As soon as I received the goods, I delivered them at high speed. After I arrived safely, I forgot to ask the customer for the high-speed fee."

In the fast-paced modern life, the demand for urgent delivery service is increasing day by day. According to the data of iResearch, the total market size of the express delivery industry in China has increased from 164.1 billion yuan in 2019 to 338.5 billion yuan in 2023 with a compound annual growth rate of 19.8%, and it is expected to further increase to 809.6 billion yuan in 2028 with a compound annual growth rate of 19.1%. According to the revenue in 2023, Flash Delivery occupies 33.9% of the independent one-to-one express delivery service market in China, and it is the largest independent one-to-one express delivery service provider in China.

What makes flash stand out in the fierce market competition and become the first choice of many users at important moments?

Ten years of focus on one-on-one

"Anxiety is given to the flash, and the heart is more calm!"

Flash was established in 2014. At that time, thanks to the efforts of logistics enterprises such as "Three Links and One Reach", SF Express, China Post and JD.COM, the number of express delivery in China surpassed the United States to become the first in the world. Faced with the situation that several major logistics giants have firmly occupied the market, it is not easy to find a breakthrough in flash delivery. Do you choose to join the price war or find another way?

Focusing on the quality service of "one-on-one express delivery", the mode of "one-on-one express delivery, specially giving you this order" was introduced. With the point-to-point delivery throughout the process, the efficiency and service quality were greatly improved, and a new space was created among the giants. Today, there are 2.7 million registered riders.

In August this year, Shangpu Consulting Group awarded the market position certification of "Flash Delivery, One-on-One Delivery of Leading Brands for Ten Years in a row" to Flash Delivery. Nowadays, the flash service covers a wide range, covering 295 cities across the country, and provides 7×24-hour online service. Users can place orders anytime and anywhere and enjoy a convenient on-call experience. In terms of delivery time, the platform takes an average of 7 minutes to pick up the pieces and delivers them to the whole city within 27 minutes.

The disadvantage of this mode is obvious, that is, the rider’s cost is high, but when it is urgent to deliver a document or electronic products and other valuables, the one-to-one mode can greatly improve the efficiency compared with the single mode, and at the same time, the path is synchronized in real time, so that consumers can check the trajectory of the goods at any time, which greatly improves the safety of goods transportation. "Refusing to spell the bill" also makes the one-on-one special delivery on important anniversaries not only about gifts, but also about emotions, so that the recipients can feel psychological satisfaction and happiness.

"Flash is one of the few profitable enterprises in the industry, which has been profitable for seven consecutive quarters; In contrast, choosing personalized and high-end services means losing some price-sensitive users and sacrificing a certain market scale. The single mode pursues low prices and is in a relatively low-end position in the industry, which can attract a large number of price-sensitive consumers. The market scale is large, but the profit margin is limited. "

With the rapid expansion of "CtoC, BtoC" mode, the sense of gain brought by quality service to users has become the core competitiveness of flash. In the future development, flash delivery aims at the potential market space of third-and fourth-tier cities, further expands the service scope, seizes the first-Mover advantage, forms scale barriers, and realizes incremental market expansion; Within the existing service scope, flash delivery can further optimize logistics technology and distribution routes, and use big data to screen and analyze suitable distributors to further enhance the user’s experience; The rise of the new retail model provides a new growth point for timely delivery service, and Flash delivery can provide a one-stop logistics solution in cooperation with online and offline retailers. Through the integration with new retail, it can not only bring new business opportunities for flash delivery, but also expand the service depth and further improve the core competitiveness of flash delivery.

The positive feedback from individual users and merchant users is also constantly promoting the user scale growth of instant delivery enterprises. According to the user survey, 37.1% of users think that the distribution demand derived from work exceeds 20% of the total demand. On the one hand, it will encourage B-side merchants to gradually recognize the instant delivery brand and put it into use, and improve the penetration rate of instant delivery among B-side users, especially the service demand of high-end brands and high-end distribution. At present, Flash has reached cooperation with famous brands such as Tuhu Car Maintenance, Haidilao, SKP and Chow Tai Fook. Flash delivery accounts for a very high proportion in the auto parts distribution of Tuhu car maintenance and the high-end catering delivery orders of Haidilao, because other platforms are difficult to meet the high-quality distribution needs of these brands.

On the other hand, the delivery demand of B-end users can be completed by the instant delivery enterprise, which can optimize the consumer experience, improve the service quality of B-end users, and further promote the trust of C-end users in the instant delivery brand. This is also verified by the cooperation between Flash and Tik Tok. For example, with the recovery of the cultural tourism industry, travel photography has become a new trend, and "Flash Service for Hanfu Return" has become a new landscape of national tourist cities. Users’ demand for one-to-one express delivery service with higher efficiency and greater certainty is constantly rising, and the distribution demand is increasingly diversified and personalized.

Quality makes professional trust.

In order to be in an invincible position in the fierce logistics industry, high-quality service is the foundation of the company.

Flash captures three important scenes: flash for urgent delivery at important moments, flash for gifts to important people, and flash for delivery of important items, so as to build a brand, which not only solves the urgent needs of users, but also firmly occupies the minds of users, making users less anxious and more calm.

In an emergency, the "one-to-one express delivery" mode of flash delivery can guarantee the timeliness and make the delivery more certain. Shi Quan, Fangshan District, Beijing, once received an order for a pair of leather shoes from Bairong Mall in the South Third Ring Road to Liangxiang. "At that time, the merchant said that it must be delivered before ten o’clock. After that, I realized that the groom had no leather shoes on the wedding day. Although I said that I was in a hurry, I didn’t delay people’s lifelong events. I still have a sense of accomplishment. "

When sending a message to an important person, the "one-on-one express delivery" mode of flash delivery highlights the sense of respect and exclusive delivery shows more concern. On Mother’s Day, Zhang Shiyang sent a flower 15 kilometers away to a sanitation worker who was sitting on a small bench and videotaping his son. When he finished the order, he saw the sanitation worker happily holding up these red flowers to talk with his son. At that moment, the beautiful flowers carried his son’s heavy love for his mother.

At the same time, because flash delivery does not spell orders or mix delivery, it can better ensure the safety of items. Therefore, many users will trust flash delivery when delivering important items. Xie Jun, a flash worker in Hunan, once sent a SLR camera to a user. When picking up the camera, the camera was only wrapped in a canvas bag. For fear of lens damage, Xie Jun specially found a foam box and cloth strips, carefully packed the camera before leaving, and successfully delivered it to the recipient. His responsible attitude won the praise of the user, and the other party then recommended the flash to all colleagues in the office.

It is precisely because of the user-centered thinking, reliable service and emotional value recognition brought to users that Flash stands out in the fierce market competition and firmly occupies the leading position in the industry. According to the survey of users of instant delivery service, the proportion of users who are satisfied with flash delivery is 25.3%, and the satisfaction of users based on personal experience is better than the industry average, and the proportion of users who are satisfied and very satisfied is 82.0%. In addition, 30.2% of users are very willing to recommend flash to other users, and the customer conversion rate is also higher than the industry average.

If flash delivery helps customers complete every single spell with "good service" and "fast speed", marketing is a "slow communication" model. This process of improving customer experience, accumulating individual users’ recognition of the brand itself, and promoting word-of-mouth brand communication can not be achieved overnight.

"Flash is not the current business, but the future business." Yu Hongjian, co-founder and CEO of Flash, is full of confidence in the future of Flash. Flash provides people with not only the delivery of goods, but also the satisfaction brought by high-quality service, winning the trust and loyalty of users with intimate service and achieving professional trust with quality.

Explore future growth points

Every rider’s hard work and every successful delivery have become the testimony of Flash delivery’s hard work in the field of instant delivery. The convenient service of express delivery stimulates consumers’ desire for consumption, promotes the consumption growth of local life services, and provides flexible employment opportunities for a large number of freelancers, which provides strong support for the development of local life economy.

When the professionalism and penetration rate in the service field are getting higher and higher, flash delivery has also been recognized by the capital market.

On October 4th, Flash officially landed on NASDAQ, USA, and once climbed from the opening price of $16.5 per share to $21.95, becoming the third listed company in the instant delivery industry, which is an important milestone in the development of instant delivery.

Faced with fierce market competition and fluctuating stock prices, Flash still shows strong development potential and market confidence. With the continuous expansion of the instant delivery market and the increasing demand of consumers for high-quality services, Flash delivery is expected to provide users with better services through its professional services and innovative business models, so as to realize the sustained growth of business and the consolidation of market position.

On the one hand, under the background of the continuous improvement of residents’ income level, the overall upgrading of consumers’ consumption concept, and the continuous expansion of the city line and the vertical occupation of consumers’ minds by the instant delivery service platform, the distribution demand is gradually diversified and obviously stratified, and the distribution demand with higher demand for delivery timeliness, delivery service experience and higher unit price of delivered goods is gradually emerging, and the one-to-one express delivery mode of flash delivery is developing rapidly. According to the survey conducted by iResearch in October 2023, 70.4% of the survey users think that the number of times they actively use the ready-to-use platform has increased significantly compared with that before 2022.

The development trend of instant retail industry is an example. Instant retailing pays attention to the integration of online and offline and the improvement of user experience. The fast and accurate delivery service of flash delivery can ensure consumers to receive goods in the shortest time, which helps to improve the satisfaction and loyalty of shopping. Therefore, it has reached cooperation with many local life platforms such as Tik Tok and Meituan. For example, Flash Delivery is the first logistics service provider to access the same city distribution service of Tik Tok Life Service. Both parties jointly build an efficient and flexible distribution network with integrated transportation capacity and covering the whole city, so as to meet the diversified and omni-channel distribution needs of merchants and improve the efficiency of commodity delivery.

At the same time, flash delivery is constantly expanding its business scope and looking for partners who can cooperate and complement each other in the logistics industry. In 2023, China Railway Express launched the "high-speed rail express delivery" service. By integrating the high-speed rail transportation resources and the instant delivery network in the same city, it realized the "station-to-door" and "door-to-door" express services of the same-day collection, transportation and delivery within the specified service scope. Customers can place an order through "China Railway Express" WeChat WeChat official account, and the riders in the same city will pick up the goods at the first time, send the goods directly to the high-speed rail station, and ship them to the fastest high-speed rail train. After arriving at the destination, the riders in the same city of the high-speed rail station can complete the delivery of the goods and be responsible for the delivery of the "last mile" to ensure the safe and punctual delivery of the goods.

Sichuan Airlines Logistics also jointly launched a high-quality cross-city door-to-door delivery service — — "Cross-city half-day flash & timely arrival" is the close cooperation between the two parties in terminal distribution. By integrating air transport resources with distribution resources in the same city, this service breaks the traditional barrier of off-site delivery and provides customers with exclusive "one-to-one" customized door-to-door delivery service. This means that whether it is urgent delivery of ordinary goods, documents and tenders, customized gifts, or seasonal fresh fruits and vegetables, identity documents and passports, official seals, emergency accessories, seafood and other high-end ingredients, you can enjoy the fastest half-day delivery and nationwide delivery within 12 hours.

For flash delivery, this kind of cooperation means the further expansion of business scope and the richness of service scenarios. For traditional express delivery companies such as China Railway Express and Sichuan Airlines Logistics, the cooperation with Flash Delivery can effectively supplement their terminal delivery capabilities, especially in the peak logistics periods such as holidays and promotion seasons, which can quickly respond to market demand and improve customer satisfaction. This reflects the complementarity and synergy between different modes in the logistics industry, which is helpful to promote the innovation and development of the whole logistics industry.

In the incremental market, the first curve of flash delivery along the "CtoC, BtoC" mode is still extending to a higher distance, which is an approach to the infinite improvement of users’ quality of life under the fast pace of life, and also the ultimate goal of flash delivery independent one-to-one express delivery service.

　　　　On September 12, 2007, Sichuan Wolong Panda Base, Funi the Giant Panda.

On September 12, 2007, Sichuan Wolong Panda Base, Net Net

　　　　Cao Qingyao, spokesperson of the State Forestry Administration, said on September 12th, 2007 that according to the requirements of Australia and the need of cooperative research, a pair of giant pandas have been selected for Australia after careful selection by relevant experts organized by the State Forestry Administration. They are "Wangwang" and "Funi".

　　　　Cao Qingyao said at a regular press conference held by the State Forestry Administration that on September 6th, during his visit to Australia, the President announced that at the request of the Australian government, the China government would provide a pair of giant pandas to Australia for cooperative research. This is a symbol of China-Australia friendship and cooperation in many fields.

　　　　The State Forestry Administration has specially studied the work of selecting giant pandas, communicated with relevant parties in Australia, and reached an agreement.

　　　　According to Cao Qingyao, the giant panda "Wangwang" is male and was born on August 31st, 2005. "Funi" is a female, born on August 23rd, 2006, all from China Research Center for the Protection of Giant Panda in Wolong, Sichuan. Traditionally, this pair of giant pandas and their descendants belong to China. The Australian side will provide support for the protection of Chinese giant pandas.

　　　　Entrusted by the State Forestry Administration, china wildlife conservation association signed a cooperation agreement with Adelaide Zoo in Australia to carry out a 10-year cooperative study on giant panda protection. The Australian side has started preparations for the construction of the giant panda stadium. After the preparations for the venue construction are ready, the giant pandas "Net Net" and "Funi" will go to Australia as soon as possible.

Editor: Huo Junxia

With the continuous efforts of major domestic automobile brands, there are more and more scooters with a price of 100,000 yuan. Baojun has launched a new car, Yueye Plus, with a price of 9.38-103,800 yuan. At the same time, Baojun will launch two other new cars this year, and Yueye 2024 will also be listed simultaneously. As a heavy product of Baojun brand, Yueye Plus has shown great sincerity, and after its listing, a new round of controversy has also been drawn, that is, compared with the old faces at this price: Chery iCar03, can it have a chance of winning?

In fact, you can find that these cars all have the same feature, that is, high face value. However, their images are also different. Yueye Plus is a hard-line route, with square box shape and unique details. It looks very retro and domineering, with a unique sense of sight of off-road SUVs. Chery iCar03 is also a square box shape, but it is too avant-garde; Meta-UP is a family-style design, or a traditional rounded treatment. Personally, I think Yue Plus is more suitable for most people’s aesthetics.

In addition to the face value, everyone chooses this level of effect, and there are also requirements for space. Yueye Plus adopts pure electric platform design, and the passenger compartment space reaches 2682 mm. At the same time, it is optimized for the head and leg space of the whole vehicle, and the maximum head space of the front and rear rows is 1043mm and 1061mm； respectively. At the same time, Yueye Plus has a front legroom of 913mm and a rear legroom of 870 mm. Whether children or adults are in the front or rear row, they can get spacious seating space, which shows that Yueye Plus has no problem at home.

As a product with the same price, although compared with Chery iCar03 and YuanUP, Yueye Plus has not opened UP too obvious differences, it can bring relatively better space performance when it is full or when there are taller passengers traveling, which is still worth looking forward to.

In addition, it is worth mentioning that, unlike the plastic-coated materials mainly used in Chery iCar03 and YuanUP cars, the soft materials in Yueye Plus cars cover an area of 2.24㎡, and the places that you can basically touch, including handrails, middle panels, seats and other daily high-frequency contact areas, are all soft materials, and feel quite good.

Of course, no matter the face value or ride comfort, we can’t see much difference based on the similar positioning of the three models. What really reflects the gap lies in the fact that Yueye Plus is equipped with the map-free urban pilot-assisted driving function, which does have leading strength.

In everyone’s impression, the urban pilot-assisted driving function is only available on 200,000-300,000 models, but Yueye Plus has been subverted. Its smart driving system can cover urban areas and highways all over the country. At the same time, this system also has the operations of fast route learning, autonomous ramp up and down, active lane change, active overtaking, start and stop of traffic lights, and turn around and turn left and right, which greatly reduces the driving difficulty of car owners.

As for the other two cars, the performance of Chery iCar03 is not bad, and it can realize L2+ driver assistance function, with functions such as automatic on-ramp and automatic parking. Meta UP only supports L2 driver assistance function. However, compared with Yueye Plus, the gap is still obvious.

Therefore, in my opinion, Yueye Plus is not only a more fashionable choice, but also a smarter choice, which is the first choice for 100,000-class scooters. After all, for now, it seems that there are only models that can really achieve urban pilot-assisted driving at a price of more than 100 thousand, so if you want to experience advanced driving assistance at the same price, it is naturally the first choice, what do you think?

# Plus # # The first choice for 100,000 city family cars #

Mazda CX-30 has many bright spots. Today, let’s talk about its performance in power. Come and see it quickly.

Let’s take a look at the appearance of Mazda CX-30. The front face design of Mazda CX-30 takes a clean and refreshing route and looks very young and fashionable. The headlights are very steady and the details are exquisite. The car is equipped with LED daytime running lights, headlight height adjustment, adaptive far and near light, automatic steering, delayed closing and so on. Coming to the side of the car body, the size of the car body is 4395 mm * 1797 mm * 1545 mm. The car adopts cold lines, and the side of the car feels very hard. With large-sized thick-walled tires, the overall visual effect is very unique. In the rear part, the rear looks very simple and fashionable, and the taillights are very round and lovely. Coupled with the unique exhaust pipe, the overall layout is impressive.

Coming into the Mazda CX-30 car, the interior design of Mazda CX-30 took a hard line, and the overall visual effect was very distinctive. The car looks very good outside the steering wheel, made of genuine leather, and feels good. Let’s take a look at the central control. The design of the center console is reasonable, which makes the interior style impressive and looks soft. The interior feels good, let’s look at the dashboard and seats. The car is equipped with a streamlined dashboard and looks very atmospheric. The car uses leather seats, which are equipped with functions such as memory electric adjustment and seat proportion tilting, and the comfort is acceptable.

Mazda CX-30 is matched with an automatic manual transmission (AT) gearbox, with a maximum power of 116KW and a maximum torque of 202N.m, and its power performance is good.

Mazda CX-30 is equipped with car networking, remote control key, rear wiper, engine start and stop, traction control (ASR/TCS, etc.) and other configurations, which is worthy of praise.

The moderate size of the car is a very suitable choice for many families, and the internal space is enough for daily use in families. How to choose depends on your specific needs.