Micro-economic operation through VAT invoice data

State Taxation Administration of The People’s Republic of China press conference site (photo by Su Yu)

The value-added tax invoice data with a wide penetration is a window to observe the production and operation of market players. According to the data released by State Taxation Administration of The People’s Republic of China on May 28th, in April this year, the sales revenue of national enterprises increased by 12.9% on average for two years, which continued a steady and positive trend.

On the whole, in April this year, the sales revenue of Chinese enterprises continued to grow steadily, the industrial economy continued to recover, consumption and investment steadily improved, and the recovery growth trend of the national economy continued to strengthen.

Zhao Lianwei, deputy director of the Revenue Planning and Accounting Department of State Taxation Administration of The People’s Republic of China, said: "The VAT invoice data shows that in April, the sales revenue of national enterprises increased by 24.6% year-on-year, 27.5% over the same period of 2019, and the average growth rate in two years was 12.9%, continuing the steady and good trend since the second half of last year."

In terms of industrial enterprises, the sales revenue of industrial enterprises increased by an average of 10.1% in two years, reflecting the steady recovery of the industrial economy. Zhao Lianwei said: "Among the 41 major industries, 38 industries have achieved positive growth on average in two years, and 16 industries have achieved an average growth rate of more than 10% in two years."

In the wholesale and retail industry, the sales revenue of the wholesale and retail industry increased by 12.3% on average in two years, one of which is the rapid growth of upgrading consumption. "VAT invoice data shows that in April, the national wholesale and retail sales revenue increased by 26.2% year-on-year, an increase of 26.1% over the same period in 2019, and an average increase of 12.3% in two years. Among them, the consumption of upgrades has grown rapidly, and the retail sales of watches, health care equipment, photographic equipment and nutrition and health products have increased by 21.6%, 46.7%, 9.4% and 25% respectively in two years. " Zhao Lianwei said.

In the construction industry, the sales revenue of the construction industry increased by an average of 14.5% in two years, and the construction of new infrastructure was accelerated. According to the data of VAT invoices, from January to April this year, the sales revenue of the national construction industry increased by 39.6% year-on-year, by 31.1% compared with the same period in 2019, with an average increase of 14.5% in two years, reflecting the continued recovery of investment. The investment structure was gradually optimized, and investment in new infrastructure increased.

In addition, State Taxation Administration of The People’s Republic of China also released the relevant data of newly established tax-related market entities. "Newly established" means that they have gone through the relevant procedures for the registration of market entities, and "tax-related" means that certain production and business activities have taken place. The data shows that thanks to the continuous release of a series of policy dividends, such as tax reduction and fee reduction, "streamline administration, delegate power, strengthen regulation and improve services" reform, and optimization of business environment, in April, there were 1.336 million new tax-related market entities, an increase of 5.1% compared with March, an increase of 21% and 20.3% respectively compared with the same period in 2020 and 2019, with an average increase of 9.7% in two years.

In terms of types, the number of newly-established individual industrial and commercial households reached 621,000, which is about half of the total number of newly-established businesses. The executive meeting of the State Council made it clear that we should continue to provide targeted support to small and micro enterprises and individual industrial and commercial households, including implementing tax reduction and fee reduction measures and helping them cope with the impact of rising prices of raw materials.

Infinite imagination of "online celebrity" vegetable market

  Sanyuanli vegetable market in Chaoyang District is neat and standardized, clean and hygienic, with complete products. Because it is close to the embassy district, it also attracts many foreigners to buy it. Reporter Deng Wei photo

  Reporter Ma Jing

  Just after 9: 00 a.m., Sanyuanli vegetable market became lively. Chefs from western restaurants came to buy lunch ingredients, young mothers picked imported fruits, and takeaway brothers walked quickly through busy delivery. Delicious vegetables, colorful fruits, seafood from all over the world, and strange spices … … Although this vegetable market with an area of only 1,560 square meters is small, it is full of all kinds of delicious food from all over the world.

  In the vegetable market, a long and narrow passage runs through the north and south, with 140 merchants on both sides. In a booth of only a few square meters, merchants set up a ladder with a simple frame to place dishes, and the layered vegetables will be surrounded by vegetable sellers, who can only drill in and out from the corner of the ladder.

  For 59-year-old Li Xueling, loading goods is a manual job, but she enjoys it. Before dawn, her whole family drove to major wholesale markets to select fresh "sharp goods". After being transported back to the vegetable market, they had to choose dirty leaves, wrap them in plastic wrap, and put them on the stalls after some initial processing. "The morning is the busiest and most chaotic time, but the market is neat as soon as it opens." Li Xueling said.

  "Elder sister, give me a small box of sweet beans and a catty of tomatoes." Just opened, Ms. Sun, an old customer, appeared in front of the booth in Li Xueling as usual. The price of two vegetables of nearly 100 yuan did not surprise Ms. Sun. After skillfully scanning the code to pay, she picked up the bag and walked to the fruit stand.

  What attracts Ms. Sun is that there are always unexpected gains here. A kilo of organic tomatoes in 20 yuan, Japanese pumpkins that are often sold out of stock, Brussels sprouts that look like mini cabbages, and delicious flowers with high value … … The small vegetable market is an eye-opener and makes people enjoy the beauty of food.

  "Who would have thought 30 years ago that there are so many kinds of vegetables now?" Li Xueling remembered that she and her husband came to Beijing from their hometown in Baoding, and each of them joined the army of selling vegetables with a flatbed. At the beginning, all the stalls were the same road dishes, with only five or six varieties. At that time, she didn’t expect that such a "online celebrity" vegetable market could be built on the grassland that she passed every day when she went home.

  In 1992, before and after the country completely abolished the policy of residents buying pork by ticket, vegetable greenhouses were built in Sanyuanli vegetable market, and roadside vendors pushed carts into the market to set up stalls. Since then, this old vegetable market has undergone many upgrades and hardware upgrades, and it has also evolved into an international vegetable market full of emotional appeal.

  If the opening is the right time, internationalization is the right place. Because of its proximity to the embassy district, Sanyuanli vegetable market has attracted customers from all over the world, and various demands have also made merchants smell business opportunities. This vegetable market, which takes two or three minutes to walk quickly, has gradually become a "fresh United Nations".

  Yesterday evening, Liu Rong, a white-collar worker who just finished working overtime, walked into Sanyuanli vegetable market and went straight to a cheese shop, with black lemon cheese and colorful red sauce cheese … … Liu Rong, who just learned to cook western food, was dazzled.

  "I have no cheese you can’t find." Shop owner Wen Guochen is full of confidence. Twenty-two years ago, he was a vegetable merchant in the market. Because many foreigners who came to buy food could not find their own cheese, Wen Guochen decided to change careers. He asked the import agent to collect all kinds of cheese and spices to satisfy the stomachs of foreign customers. In recent years, more and more Chinese began to patronize his small shop, and the business was getting better and better.

  Just after seeing off the customers, a fashionable food anchor walked into the store, aimed the camera at the cheese in the freezer, and the screen of the mobile phone flashed with questions from fans. For such a scene, Wen Guochen has long been accustomed to it. In recent years, artists have come to hold exhibitions, writers have come to hold new book conferences, and economists have come to hold small classes in economics. The unique "online celebrity" temperament makes this vegetable market bring people endless imagination.

  Li Xueling felt that in the past two years, the number of passengers in the vegetable market has decreased, but the micro-shops in mobile phones have become busier. "When someone visited once, they added WeChat. When it is inconvenient to come, they will place an order online." Like Li Xueling, merchants have been operating mobile phone markets. The take-away and flash delivery staff who shuttle through the market have also become a unique landscape.

European headline eavesdropping storm continues to ferment. Can the rift between the United States and Europe be bridged?

  The Danish Broadcasting Corporation launched a special report on May 30, revealing that the US National Security Agency accessed the Danish Internet through the Danish Defense Intelligence Agency to obtain raw data in order to monitor and monitor the political figures of many European countries, including German Chancellor Angela Merkel.

  The report said that the Danish Broadcasting Corporation, in cooperation with Swedish, Norwegian, German and French media, found "amazing results" in a secret internal investigation against the Danish Defense Intelligence Agency on the basis of clues provided by insiders of the Danish Defense Intelligence Agency. The internal investigation report, code-named "Operation Dunhammer", was completed in May 2015. One of the important conclusions is that the US National Security Agency can purposefully access the Danish Internet to obtain data through cooperation with the Danish Defense Intelligence Agency, so that it can secretly monitor and monitor the target heads of state, such as Merkel, leaders of allies such as France, Sweden and Norway, and high-level politicians.

  The European countries involved reacted strongly to the incident revealed by the news media.

  Danish Defense Minister Bramsen told the media that "the government cannot make public comments on the information provided by the media or others. Intelligence can only be discussed in the relevant committees of parliament. But it can be said in general terms that systematic eavesdropping on close allies cannot be accepted. "

  Swedish Defense Minister Hultkvist said that he had contacted the Danish Ministry of National Defense and asked the other party to give a clear reply; Sweden has also approached Germany, France and the United States and needs to know "comprehensive information" about this matter. The incident was a "spy activity for politicians" in Sweden. "Now that this has happened, we must take the protection of Sweden’s interests as the starting point." He said that Sweden can’t accept such monitoring behavior between close allies, which is a "matter of principle."

  Swedish parliamentarian Holm severely criticized the interception incident. He said that the monitoring incident was "too outrageous and very angry." "We need to know who is being monitored when and how. It is shocking that such a thing happened and it feels like we are back to the Cold War."

  The Norwegian government also asked the Danish government to respond to relevant reports immediately. Norwegian Defense Minister Barker Jensen said that the incident would be "taken seriously".

  On May 31st, Merkel and French President Macron co-chaired the 22nd joint meeting of French and German ministers in a remote way. When answering a reporter’s question, Merkel said that Germany and France communicated with the US intelligence agencies about the interception a long time ago, and Germany hoped that the US’s attitude of clarification had not changed.

△ German Chancellor Angela Merkel issued a statement asking the US to clarify the interception.

  Former German Foreign Minister Frank-Walter Steinmeier told the German media: "I think this is a political scandal."

  Patrick Sensberg, head of the German Bundestag Committee responsible for investigating the previous US surveillance incident, said in an interview with the media that the driving force behind the intelligence department "is not friendship, nor morality, but the pursuit of interests".

  Macron said at a news conference that if the news is accurate, it is obvious that this kind of monitoring behavior is unacceptable among allies, and even more unacceptable among EU partners.

  In an interview with French news channel, French Secretary of State for European Affairs Bona made it clear that he did not know the specific identity of the French officials accused by the media of being monitored by the United States, but if the practice of American intelligence agencies monitoring European politicians through Denmark is confirmed, its nature will be "extremely serious" and will have consequences for cooperation between Europe and the United States. Bona said that it is time to verify whether Denmark has made mistakes in its intelligence cooperation with the United States and whether the United States has indeed carried out espionage activities against European politicians.

△ French Secretary of State for European Affairs Bona

  Le Feible, a French communication technology expert who wrote the book Snowden Incident: How the United States Monitors the World, told French news station that he was not surprised at the contents exposed by the media at all, and believed that the monitoring behavior of the United States was still going on. Lefebvre said bluntly that Europe is a "free lunch" for the US National Security Agency, and the United States will not be willing to give up such intelligence hegemony, because European countries rely on American intelligence work, especially at the software level. Therefore, in the face of repeated US surveillance incidents, Europe’s response is usually weak.

  The United States, known as the "cyber security guardian", has actually been spying on its European allies.

  In 2013, Snowden, a former US defense contractor employee, revealed through the media that the US government was widely monitoring domestic and international telephone and Internet communications, which caused an international uproar. Merkel’s mobile phone is also within the monitoring range of US intelligence agencies. The German Chancellor called the then US President Barack Obama, calling it a "serious breach of trust".

△ Three former presidents of France who were monitored and monitored by the United States

  In June 2015, Wikileaks revealed that the US National Security Agency had monitored three French presidents from 2006 to 2012, which caused an uproar in France. At that time, French Prime Minister Vals said in a parliamentary question that this kind of monitoring behavior seriously trampled on the relationship between France and the United States and the spirit of trust on which the two countries depended.

  The documents exposed by Wikileaks also show that the National Security Agency even wrote a detailed report based on the monitored information. It is said that French President Nicolas Sarkozy, who was elected in 2007, knew that the United States was eavesdropping on himself. At that time, French Ambassador to the United States Vermont expressed dissatisfaction with the United States during Sarkozy’s visit to the United States in 2010. The US National Security Agency wrote in the report, "Although he expressed dissatisfaction, the United States will continue to eavesdrop on France, and this policy will not change."

  In recent years, the United States has always adhered to this monitoring policy. In August, 2020, according to Danish media reports, the National Security Agency of the United States can freely obtain the original Internet data including Danish citizens’ private information through the Danish Defense Intelligence Agency. In November, Danish media reported that the United States had carried out espionage activities against the Danish government, its defense industry and other European defense contractors in order to obtain information on fighter procurement plans of relevant countries.

  Analysts pointed out that the latest scandal has once again exposed the hegemonic mentality of the United States, which continues to monitor its European allies to safeguard its own interests. This will bring new challenges to the efforts of the United States and Europe to repair relations, and the deep rift left by the "US priority" policy on transatlantic relations will become more and more difficult to bridge.

  Producer: Jiang Qiuyong

  Reporter Hao Xiaoli Zou Heyi Yu Peng Ruan Jiawen

  Editor Li Xia

Demystifying online celebrity’s "Thailand DC Diet Pill": It is a new drug with dependence.

  It is claimed to be a "DC slimming drug" imported from Thailand, but it is actually a "new drug". Such a miracle drug for losing weight was even recommended by Wechat business crazily, and the anchor of the live broadcast platform brought the goods.

  On August 17th, The Paper learned from the Shanghai Anti-drug Office that in recent years, many illegal drugs such as "diet pills" illegally flowed into China from abroad contained psychotropic drugs controlled by China, such as amfepramone, phentermine, diazepam ("diet pills"), nitrazepam, flunitrazepam ("sleeping pills"), modafinil and ritalin ("smart drugs").

  Among them, "amfepramone" mainly stimulates the nerve center of hypothalamus, which makes people feel full, can control appetite and reduce food intake, but will improve the excitability of the body, and is prone to inexplicable mood swings or insomnia, emotional excitement, etc. Fentamine mostly acts on animal parasympathetic nerves to control appetite or calm down. The research published in The Lancet shows that "with the increase of dosage, cognitive and mental disorders will increase correspondingly", and although such drugs are widely used to lose weight in the United States and other regions, there is no long-term randomized controlled study to prove their effectiveness and safety.

  And "Diazepam" is similar to the domestic antipsychotic drugs, which are mostly used for anti-anxiety, sedation and hypnosis, and have tolerance and dependence after long-term use.

  Controlled drugs seized by the police. The Paper reporter Zhu Yitu

  Therefore, from the above-mentioned components and pharmacological effects of "diet pills", it belongs to the definition of drugs (narcotic drugs and refined drugs that can make people addicted to drugs) stipulated by the state.

  Controlled drugs seized by the police. The Paper reporter Zhu Yitu

  In recent years, with the development of social economy and the improvement of living standards, the general public has higher requirements for their own weight loss and shaping. However, due to the lack of legal knowledge and weak awareness of prevention, and the fact that some unscrupulous businesses even deliberately speculate on the so-called "online celebrity products" for profit-seeking purposes, some online platforms are flooded with all kinds of information and advertisements that are difficult to distinguish between true and false.

  In this context, due to the lack of legal awareness and anti-virus and anti-drug ability of some people, such "diet pills" have been purchased and used, and the situation has an increasing trend. It not only violates laws and regulations, but also causes its own harmful consequences.

  Earlier, according to media reports, a woman who lives in Wu Kang Road bought 750 yuan’s "DC diet pills" in the so-called "overseas student purchasing shop" on the online shopping platform. Unexpectedly, after taking them one month after another, the weight loss effect was ordinary, but the police found the door and said that she was suspected of taking drugs. According to the Shanghai Public Security Bureau, more than 200 cases of suspected "DC diet pills" have been investigated this year.

  Wechat business advertising map

  According to the Shanghai Public Security Bureau, from the cracked cases, such "diet pills", "sleeping pills" and "smart drugs" have symptoms such as increased heart rate, nausea and headache after taking them; There are even serious situations such as anxiety and depression, mania and irritability, anorexia and world-weariness.

  With the joint efforts of the city’s anti-drug departments at all levels, the number of traditional drug-related crimes in Shanghai has dropped sharply, and the breeding and spread of drug-related crimes have been further controlled. However, drug-related crimes involving psychotropic and narcotic drugs are on the rise. Since 2018, the illegal use of psychotropic and narcotic drugs in the city has shown a high growth trend.

  Since the beginning of this year, 85% of drug addicts who illegally use psychotropic and narcotic drugs (such as "diet pills" and "sleeping pills") in Shanghai have used "diet pills" containing controlled drugs.

  In the next step, multi-departments will jointly continue to increase the following work: first, continue to increase publicity and education for the public to prevent more people from repeating the same mistakes, so as to form a consensus on anti-drug and improve their ability to refuse drugs; The second is to urge all kinds of network platforms to carry out clean-up and rectification, remove, shut down and block the links of individual illegal merchants, and strengthen the sales and advertising review of "drugs"; The third is to strengthen the investigation and control of new types of drugs on the Internet, or items containing drug ingredients and toxic and harmful information, and truly establish an online and offline joint investigation and control mechanism to effectively safeguard the physical and mental health of the broad masses of the people.

  "Smurfs, milk tea, and smart drugs have always maintained a high degree of sensitivity to these new drugs in Shanghai, and timely detect and crack down on them to avoid circulation. However, the same people should be cautious about drugs to be imported, and don’t be numb and hurt others." Li Jian, director of the Anti-drug Guidance Department of the Political and Legal Committee of the Municipal Party Committee, reminded that citizens are welcome to report actively, and the reward standard has been raised.

China Telecom’s 5G-A package will be released soon, so stay tuned!

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20 hot pot restaurants in Sichuan, which used garbage and waste oil to manufacture and sell waste oil, were investigated.

  CCTV News:Recently, when the public security organs and market supervision and management departments of Guang ‘an City, Sichuan Province jointly conducted law enforcement inspections, they investigated and dealt with 20 hot pot restaurants suspected of producing and using waste oil.

  Staff of a hotpot restaurant:That’s new oil, this is old oil, and then burn it after it’s taken out. The new oil and this old oil are combined, and the bottom material of hot pot must be old oil.

  Police:How did the old oil come from?

  Staff of a hotpot restaurant:Old oil is extracted from that.

  Police:How did that oil come from?

  Staff of a hotpot restaurant:That oil was used at night.

  When law enforcement officers inspected a hotpot restaurant in Zijin Street, Guang ‘an District, Guang ‘an City, they found that it was beneficial for the kitchen to recycle oil and process it into "gutter oil".

  Liuyong, policeman of the Economic Crime Investigation Brigade of Guang ‘an District Branch of Guang ‘an Public Security Bureau:According to the staff in the store, every time customers finish eating, they will pour the bottom of the hot pot into a stainless steel bucket with a filter screen. Every night at 9 o’clock, the chef will filter the filtered oil again, clean it after filtering, and cool the cleaned oil. The next day, the cooled oil will be added to the new bottom of the pot.

  After investigation, in order to save costs, the chef Pu Moumou used kitchen waste and waste oil to manufacture and sell waste oil. At present, Pu Moumou was transferred to Guang ‘an District Procuratorate for examination and prosecution by public security organs for producing and selling toxic harmful food.

  Yang Zhixiong, deputy head of the Food and Drug Crime Investigation Detachment of Guang ‘an Public Security Bureau:Waste cooking oil means that kitchen waste and animal waste fat flow to the dining table through refining and processing. As edible oil, it is called waste cooking oil. Many people don’t know the harm of waste cooking oil. In fact, waste cooking oil contains toxic and harmful carcinogens such as lead, arsenic, aflatoxin and benzopyrene.

  It is understood that since October 2019, the Public Security Bureau of Guang ‘an City, Sichuan Province has launched a special campaign to crack down on illegal and criminal activities in the fields of "health products" and "gutter oil". Up to now, the public security organs of Guang ‘an City, together with the market supervision department, have conducted 56 inspections on major hot pot restaurants in the city, seized 20 suspected illegal and criminal cases of gutter oil, and arrested 23 suspects. Among them, 8 cases have been handed over to the procuratorate for review and prosecution, and other cases are under further investigation.

See you in E Week. Musk pays taxes actively/Yu Chengdong speaks amazingly.

  [car home Industry] See you in car home E Week to learn about the weekly events in the automobile industry. For the automobile industry, this week is "quite interesting". The popularity of (|) has greatly increased CEO Li Xiang’s confidence, made a good comparison with Volkswagen brands on the Internet, and reported the "revenge with one arrow" with Feng Sihan, CEO of Volkswagen China; AITO’s first product, M5, was officially released, and Yu Chengdong brought the press conference form commonly used in the science and technology circle to the automobile circle. His bold speech triggered a heated discussion in the industry. Musk tweeted that he would pay $11 billion in taxes this year, making him the most taxpayer in history, and severely hit back at those who attacked him for tax evasion.

  In terms of enterprises, Weimar, which is getting closer and closer to IPO, has three consecutive fires this week, and the official has not responded to the specific reasons; BYD and Daimler played a series of games on Tengshi brand, and finally got the "leading power" of the brand; When the Japanese parts manufacturer’s "fraud" incident was exposed, the CEO took the lead in apologizing, but the car companies that received the defective parts were very calm, saying that there was no need to recall …

Home of the car


Hot news this week:

■ Li ONE’s monthly sales exceed the sum of all cars of the same class of Volkswagen.

■ Weimar car caught fire three times a week.

■ Musk will pay more than $11 billion in taxes this year.

■AITO’s first product was officially released, and the Yu Chengdong language was amazing.

■ Tengshi equity changes: BYD’s shareholding will increase to 90%

■ Japanese parts suppliers reproduce scandals. Car companies: There is no need to recall.


Intelligent electric vehicle enterprises

Li ONE’s monthly sales exceed the sum of all cars of the same class of Volkswagen.

  On December 22, LI CEO Li Xiang released Weibo’s sales performance in Li ONE, and this blog post was divided into three stages to benchmark with the Volkswagen brand: in December 2019, the insurance volume data was 1,011 in Li ONE, and the combined sales volume of Touareg and Touareg in the same period was 13,173; In September 2020, the sales volume in Li ONE was 3,830 vehicles, and the combined sales volume of Volkswagen Tourang and Touareg was 9,304 vehicles. In November, 2021, the sales volume of Li ONE was 13,438 vehicles, while the sales volume of Volkswagen brands ID.6 CROZZ, ID.6X, Lanjing, Touareg and Tourang totaled 12,445 vehicles, losing to Li ONE.

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  It is worth noting that in the above pictures, LI specifically mentioned the "war of words" with the public. In September 2020, at a press conference, Feng Sihan, CEO of Volkswagen China, once said that "extended-range electric vehicles are very environmentally unfriendly and a bad solution". Upon learning of this, Li Xiang quickly responded in Weibo, saying that he was "very willing to conduct a comparative test of energy conservation and environmental protection with Volkswagen’s most advanced PHEV".

  At that time, the public did not reply to this, and the matter came to an end temporarily. After a lapse of more than a year, the electric vehicles ID.3, ID.4 series and ID.6 series under the Volkswagen brand have all been put on the market, and their sales performance has continued to rise, but it has not reached the expectations of the outside world. However, due to the lack of core and other environmental influences, the sales of Volkswagen brand fuel vehicles also declined. Compared with Li ONE, where the sales trend is strong, the dominance of Volkswagen brand in the medium and large SUV market has indeed declined. Weibo, which Li thought, also smacked of revenge.

AITO’s first product was officially released, and Yu Chengdong’s language was amazing.

  On December 23rd, Huawei held a flagship new product launch conference in winter. Different from the past, the most important product this time is not a mobile phone or other smart wearable products, but the first mass-produced product of AITO brand, which is positioned as a medium-sized SUV. Although at the press conference, Yu Chengdong, CEO of Huawei’s consumer business and managing director of Huawei, reiterated that Huawei can’t make cars, anyone with a discerning eye can see that in addition to manufacturing, Huawei has almost covered all other links such as R&D, design, sales and communication. As for whether to "build" the car in person, it is not so important.

Home of the car

  In addition, Yu Chengdong’s remarks were quite bold in the new car release. For example, "the chassis of our car is a high-end million luxury car chassis, and its front suspension is a double wishbone independent suspension. We see that many cars use McPherson suspension to reduce costs, and the driving experience is not good." "I think some cars are still equipped with a 1.3L three-cylinder engine. The engine is at least four cylinders. You should not buy a three-cylinder car, but should be equipped with at least four, six, eight and twelve cylinders." And "our cruising range is basically three times that of normal electric vehicles, killing a lot of pure electric vehicles."

  The above remarks caused great controversy on the Internet, and before the press conference was over, online doubts poured in. After all, compared with the science and technology circle, the automobile circle is more traditional, and it is hard for people to accept Yu Chengdong’s bold speech mode for a while.

  According to sources, Huawei executives have extremely high expectations for the sales of M5, which is at least higher than the sum of the sales of Wei Xiaoli. The reasons behind it are not difficult to understand. Under the repeated sanctions imposed by the United States, Huawei’s consumer business is struggling, and the automobile is an important reliance for it to break through the blockade and return to the peak. I just don’t know whether the M5 and the subsequent AITO brand products can make Huawei get what it wants.

Weimar car caught fire three times a week.

  This week, Weimar Automobile had three fire accidents in Zhengzhou, Sanya and Haikou respectively. This can’t help but remind people that in October 2020, Weimar Automobile had four consecutive spontaneous combustion incidents in one month. Afterwards, Weimar officially announced that the battery supplier had mixed impurities in the production process, which led to abnormal lithium precipitation in the power battery, posing a fire hazard. And 1282 Weimar EX5 and Weimar EX6 models were recalled. However, Weimar has not made a public response to the three fires this week.

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  For Weimar Automobile, now is the most important stage before its IPO. Although the listing in science and technology innovation board was blocked before, Weimar Automobile did not give up its IPO road, and on October 5th and December 1st, it made the D1 and D2 rounds of financing, with a total amount of 457 million US dollars. Considering the Hong Kong-funded backgrounds of investment companies Dexin Group and PCCW, Weimar may have chosen Hong Kong stocks as its listing place.

  In terms of sales volume, the development momentum of Weimar Automobile is also worthy of recognition. In Beijing, where chips are in short supply and raw material prices are rising, from January to November 2021, the sales volume of Weimar vehicles reached 39,095, up 96.4% year-on-year. On the financial level, Bi Shiyu, CFO of Weimar Automobile, told the media that Weimar had successfully achieved positive cash gross profit.

  Under such an upward trend, there will be three fires a week. I wonder how Weimar Automobile will deal with this crisis.

Autobot

Musk will pay more than $11 billion in taxes this year.

  On December 20th, Tesla CEO Esmusk said on social media that he would pay more than $11 billion in taxes to the IRS this year. The source of this huge tax is Tesla stock in Musk’s hands. In 2012, Musk was awarded 25.5 million split-adjusted options by Tesla, and in November this year, Musk started the process of converting this option into stocks, so that the value of newly purchased stocks will be taxed as "income".

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  According to relevant data, American families pay an average annual tax of $15,748, and Musk’s tax is about equal to the sum of the annual taxes of 698,000 American families. Musk himself also said on social media that he is the most taxed American in history.

  Previously, Musk had sold most of his properties. When asked by the media why, he explained that "wealth can make people feel depressed, and billionaires have become a derogatory term in recent years." However, in the face of taxes, Musk once complained that "California’s taxes are too heavy". This contrast also made many people suspect that Musk’s move to sell houses and move out of California was to avoid taxes, and this time Musk’s tax action undoubtedly hit back at this statement.

Traditional car companies in transition

Tengshi equity changes: BYD’s shareholding will increase to 90%

  On December 24th, BYD announced that its holding subsidiaries, BYD Auto Industry and Daimler, will respectively increase their capital by RMB 1 billion in cash. After the capital increase of shareholders of both parties is completed, BYD Auto Industry and Daimler will continue to hold 50% equity of Tengshi New Energy respectively.

  In addition, BYD Auto Industry has signed an equity transfer agreement with Daimler to adjust the structure of its joint venture company Shenzhen Tengshi New Energy Automobile Co., Ltd. After the equity transfer is completed, BYD Auto Industry will hold 90% of Tengshi’s equity and will give the latter greater support in operation.

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  Tengshi, which is positioned as a domestic high-end new energy brand, was born in 2012. BYD provided it with three-power technology and Daimler was responsible for vehicle manufacturing. However, in the next 10 years, its product lineup was slightly thin and its market performance did not meet expectations. Since July 2019, in order to boost sales, Tengshi brand has been officially merged into Beijing Benz, which is responsible for sales, marketing and brand communication, customer service and network development.

  However, this move has not completely solved the problems faced by Tengshi development. Relevant data show that in 2020, the cumulative sales volume of Tengshi brand was 4175; From January to November 2021, the brand’s cumulative sales volume was 4,268. It is reported that after the completion of BYD’s share increase, Tengshi brand will launch new models in 2022 to expand its product lineup. I wonder if Tengshi brand, which is dominated by BYD, can break out of its own world in the new energy market in China in the future?

Parts enterprise

Japanese parts suppliers reappear scandal car companies: there is no need to recall

  On December 22nd, Hitachi Anstemo, an auto parts subsidiary of Hitachi Group, Japan, admitted that there were irregularities such as cheating in the quality inspection of brakes and suspension systems. Such irregularities began around 2000 and continued until October this year, involving about 57,000 brake parts and about 10 million unqualified suspension system parts. It is reported that these products have already been delivered to 16 automobile manufacturers and motorcycle manufacturers, including Toyota, Nissan, Honda and Mazda.

Home of the car

  For these parts, Toyota and Mazda have independently verified their safety and ruled out the necessity of recall. While Ke Ruisi, CEO of Hitachi Anstemo, bowed and apologized at the press conference, he also gave the reasons for the accident summarized by the company: some employees didn’t know enough about the importance of inspection, the supervision system was not complete, and the shortage of personnel also led to communication errors.

  Previously, in the minds of many consumers in China, "Made in Japan" was once bound by labels such as high quality, craftsmanship and Excellence, and it was a well-deserved manufacturing myth. However, with the disclosure of fraudulent incidents of Kobe Steel, mitsubishi electric, Takada Airbag and other enterprises, the aura of "Made in Japan" gradually faded.

  I wonder who will be the next Japanese company to bow and apologize? (Text/car home Chen Can)

SAIC Roewe D7 Vehicle Configuration Inventory: Which is Hybrid or Pure Electric Selection?

  [Chexun. com] According to the D strategy of SAIC passenger cars, in the next three years, nine new cars will be launched one after another to form the D family. The first car of the D family, the Roewe D7, was launched on November 8, 2023. The car is positioned in the middle and high-end new energy car. Brand-new appearance, exquisite interior, spacious space, advanced power and intelligent configuration are the main highlights of this new car. This paper makes an inventory of its vehicle configuration for your reference.

  In terms of grade, Roewe D7 belongs to a medium-sized car, which is also called a B-class car. The wheelbase of 2.81 meters and the power of 150 kilowatts really meet the requirements of medium-sized cars, but the starting price of 121,800 yuan makes it on the same level as some compact cars on the market. Therefore, this is a very sincere new car, with the space, value and price of B-class cars.

  The car is divided into pure electric power and plug-in hybrid power. According to the manufacturer’s rules, the former is called D7EV and the latter is called D7DMH. They are well recognized in appearance, the first is the front face, the pure electric version of the lamp is split, and the plug-in version is integrated; The second is the door handle, the pure electric version is hidden and pops up when used; The mixed version is a traditional model, which is more convenient to use.

  The main features of the car are not limited to the beautiful appearance and interior, intelligent and rich configuration, but also the advanced platform and power. The highlight of the pure electric version is the nebula, which was born on the exclusive systematic platform of SAIC nebula pure electric, with long wheelbase, rear drive and ultra-thin flat battery module as its main features. The highlight of the plug-in version is Mount Everest, which adopts the electromechanical integration architecture of SAIC Mount Everest. The architecture is quite good, and it was recently awarded the title of "Top Ten Engines and Hybrid Systems of China Heart" in 2023.

  Specifically, the pure electronic version is driven by a single motor, which is rear-mounted and rear-driven. The maximum power of the motor is 145/155 kW, the maximum torque is 310 Nm, the acceleration of 100 kilometers is 6.5 seconds, and the maximum speed is 170 kilometers per hour. Power batteries are divided into lithium iron phosphate batteries and ternary lithium batteries, with a battery capacity of 59.2/68.5 kWh, a power consumption of 12.9 kWh per 100 km and a battery life of 510 km and 610 km (CLTC standard).

  The plug-in version consists of a 1.5-liter engine and a drive motor, with a front drive. The maximum power of the engine is 82 kW and the maximum torque is 135 Nm. The maximum power of the drive motor is 150 kW and the maximum torque is 330 Nm. It accelerates for 7.9 seconds per 100 km and has a top speed of 185 km/h. Equipped with lithium iron phosphate battery, the battery capacity is 21.4 kWh, the pure battery life is 103 km (WLTC standard) /125 km (CLTC standard), the comprehensive battery life of oil and electricity is up to 1400 km, and the fuel consumption per 100 km is 4.3 liters in the state of power loss.

  Appearance design has always been the strength of SAIC passenger cars. Roewe D7 looks very smooth, with the front face showing more modernity, fashion and technology, and the rear of the slip-back car showing a sense of movement.

  The body length of the pure electric version and the mixed version are 4890 mm, the height is 1510 mm, and the car width is slightly different. The pure electric version is 1872 mm, and the mixed version is 1890 mm. The wheelbase is 2810mm. In terms of servicing quality, the pure electric version is 1732/1717 kg, and the maximum design quality is 2172/2157 kg; The plug-in version is 1695 kg, and the maximum design mass is 2142 kg. Body colors are divided into blue, white, gray, silver and black, totaling 5 kinds.

  The wheels are 18 inches, with double five-spoke spokes and 225/50R18 tires. There is no spare tire, and the vehicle is equipped with tire repair equipment. In terms of braking system, the front brake of the plug-in mixed version is a ventilation disc, and the front and rear four wheels of the pure electric version are ventilation discs. In terms of chassis, the front suspension is McPherson type, and the rear suspension is divided into two types, the plug-in version is multi-link independent, and the pure electric version is five-link independent.

  In terms of space, the pure electronic version has two luggage compartments, with a front compartment volume of 101 liters and a rear compartment volume of 376 liters; The plug-in version is a luggage compartment, also known as the trunk, with a volume of 450 liters. The rear seats can be folded in sections, so that the carriage and luggage compartment can be connected, thus improving practical value and safety factor.

  The interior materials are exquisite, and most of them are soft materials above the waist line, which brings a strong sense of warmth. Suede, which feels great, improves the grade of the interior.

  Except for entry-level models — — There is only one kind of black interior in the hybrid version, and the interiors of the other five models are divided into black and chestnut beige. The arrangement of double LCD screens has a sense of design, and it is not simply erected at the front as it is popular nowadays, thus avoiding abrupt.

  The highlight of the interior is the use of Yunsu cockpit, equipped with a brand-new zebra intelligent driving system, in addition to voice control and touch operation, it also has physical keys to meet different usage habits. Panoramic skylight is equipped with physical sunshade curtain, which can effectively prevent sun.
  In terms of seats, it is equipped with a zero-gravity cloud seat made of 9 layers of materials, and adopts an ergonomic U-shaped embracing design. The front seat can lie flat with one button, and the back of the chair is integrated with the back seat surface.

  The back row also has good space, among which, the leg space is 933 mm, which is spacious and comfortable.

  Roewe D7 is divided into D7 DMH (plug-in hybrid) and D7 EV (pure electric), with a total of 6 models. Plug-in models are divided into three types: beyond version, excellent version and flagship version; There are also three models of pure electric vehicles: 510km Excellent Edition, 510km Ultimate Edition and 610km Ultimate Edition.

SAIC Roewe D7 DMH/EV   car make and model indicative price Equity price Roewe D7 DMH (mixed) Beyond edition 125,800 yuan 121,800 yuan Zhuoyue edition 135,800 yuan 131,800 yuan flagship version 145,800 yuan 141,800 yuan Roewe D7 EV (pure electricity) 510 km/Premium Edition 149,800 yuan 143,800 yuan 510 km/Ultimate Edition 159,800 yuan 153,800 yuan 610 km/Ultimate Edition 176,800 yuan 170,800 yuan

  First look at three plug-in models.

  1, mixed, beyond the version. The guidance price is 125,800 yuan, and the listed equity price is 121,800 yuan.

  This is the entry level of Roewe D7, which focuses on economy and benefits. The specific configuration contents are as follows.

  Active safety: body stability control, tire pressure monitoring, reversing radar, reversing image, automatic parking, uphill assistance, low-speed driving warning, LED automatic lights+daytime running lights, window anti-pinch, steering wheel up and down+front and rear adjustable.

  Passive safety: front airbag, front side airbag.

  Convenient configuration: skylight, one-button lifting of the whole car window, keyless entry in the front row, one-button start, leather multi-function steering wheel, driving mode (standard, economy, sports), cruise control, 10.25-inch instrument screen, 12.3-inch central control screen, car networking, OTA upgrade, Wi-Fi hotspot, navigation, road condition display, 6-speaker sound, Bluetooth phone, voice control (4). Type-C interface (front 3 and rear 1), leather seat, 6-way electric adjustment for front driving, 4-way manual adjustment for auxiliary driving, sectional folding of rear chair, front and rear central armrests, double cosmetic mirrors+lighting, automatic air conditioning, rear air outlet, external discharge, and remote control of mobile phone (door, start, air conditioning, vehicle condition, positioning, service and reservation).

  2, mixed, excellent version. The guidance price is 135,800 yuan, and the listed equity price is 131,800 yuan.

  On the basis of the beyond edition, it is an excellent edition with an increase of 10,000 yuan, mainly adding the following configurations.

  Active safety: 360-degree panoramic image, 180-degree transparent chassis, rearview mirror electric heating+electric folding+automatic folding after locking the car,

  Passive safety: front and rear air curtains at the head,

  Convenient configuration: panoramic skylight, 12.3-inch LCD instrument, 10-speaker stereo, leather+fur-turned seat, 8-way electric adjustment for forward driving, front seat heating, voice control (seat heating), monochromatic atmosphere light, and remote control of mobile phone (seat heating).

  3, mixed, flagship version. The guidance price is 145,800 yuan, and the listed equity price is 141,800 yuan.

  On the basis of the excellent edition, it is the flagship edition with an increase of 10,000 yuan, mainly adding the following configurations.

  Active safety: lane departure warning, lane center keeping, active braking, front collision warning, adaptive far and near light, rearview mirror position memory.

  Convenient configuration: full-speed adaptive cruise, positive driving position memory+ventilation, auxiliary driving 4-way electric adjustable+rear adjustable button.

  Next, look at three pure electric models.

  1. Pure electricity, 510 km excellent edition, with a guide price of 149,800 yuan and a listed equity price of 143,800 yuan.

  The configuration of this model is very close to the excellent version in the mixed version, and the details are as follows.

  Active safety: car body stability control, tire pressure monitoring, reversing radar, 360-degree panoramic image, 180-degree transparent chassis, rearview mirror heating+automatic folding after locking, automatic parking, uphill assistance, low-speed driving warning, LED automatic lights+daytime running lights, window anti-pinch, steering wheel up and down+front and rear adjustable.

  Passive safety: front airbag, front side airbag and all rear head air curtains.

  Convenient configuration: skylight, one-button lifting of the whole car window, keyless entry in the front row, one-button start, leather multi-function steering wheel, driving mode (standard, economy and sports), cruise control, 10.25-inch instrument screen, 12.3-inch central control screen, car networking, OTA upgrade, Wi-Fi hotspot, navigation, road condition display, 10-speaker sound, Bluetooth phone and voice control. Type-C interface (front 3 and rear 1), leather+suede mixed seat, 6-way electric adjustment for the front driver, 4-way manual adjustment for the auxiliary driver, sectional folding of the rear chair, front and rear central armrests, double cosmetic mirrors+lighting, monochromatic ambient light, automatic air conditioning, rear air outlet, external discharge, remote control of mobile phone (door, start, air conditioning, vehicle condition, positioning, service, reservation)

  2, pure electricity, 510 km flagship version, guide price of 159,800 yuan, listed equity price of 153,800 yuan.

  On the basis of the excellent edition, it is the flagship edition with an increase of 10,000 yuan, mainly adding the following configurations.

  Active safety: lane centering, lane departure warning, active braking, front collision warning, adaptive distance light, rearview mirror position memory.

  Convenient configuration: panoramic sunroof, 12.3-inch LCD instrument screen, full-speed adaptive cruise, battery preheating, positive driving position memory+seat ventilation+lumbar support, co-driver 4-way electric adjustable+rear adjustable button, front seat heating, voice control (seat heating), multi-color atmosphere light, and remote control of mobile phone (seat heating).

  3, pure electricity, 610 km flagship version, guide price of 176,800 yuan, listed equity price of 170,800 yuan.

  On the basis of the flagship version, it increased by 17,000 yuan, which is a long-life flagship version. The above-mentioned two pure electric power batteries are lithium iron phosphate batteries. This long-life flagship version is changed to ternary lithium batteries, and its capacity has increased. The cruising range has increased from 510 kilometers to 610 kilometers of the above-mentioned two models, and the configuration has not changed.

  The final summary:

  Through the inventory, we can see that the cost performance of the mixed version is slightly better. In addition, it is a hybrid of oil and electricity, which can not only travel more than 100 kilometers by pure electricity, but also avoid the shortcomings of pure trams in terms of battery life and low temperature. If after buying a car, in addition to daily transportation, and go on road trip’s plan, it is more appropriate to choose it.

  The suitable scope of the pure electric version includes: 1. Due to administrative restrictions, only pure trams can be bought; 2, there is no demand in go on road trip, and buying a car is just for daily transportation; 3. I hope to save as much fuel as possible.


  More content: SAIC Roewe D7 double car is listed in good faith. If you use a computer or tablet to read, click on the picture below to enter directly.

  On November 8, 2023, SAIC Passenger Cars held a press conference in Wuxi, Jiangsu Province with the theme of "Winning the Future", announcing the listing of Roewe D7. This car is the first model of SAIC Roewe’s new product sequence "D family", which is positioned in the middle and high-end new energy cars. The power is divided into plug-in hybrid and pure electric. The guide price of plug-in hybrid models is 125,800-145,800 yuan, and the listed equity price is 121,800-141,800 yuan. The guide price of pure electric vehicles is 149,800-176,800 yuan, and the listed equity price is 143,800-170,800 yuan.

Roewe D7 EV test drive experience: stable control, rich configuration, worthy of test drive experience.

Nowadays, users who buy cars pay more and more attention to the overall quality and details of vehicles. As a brand-new serial model of Roewe, Roewe D7 EV currently has three models on sale, and the official price is 149,800-176,800 yuan. I got the news from the car owner that the Roewe D7 EV has a great discount at present, with a discount of up to 16,000 yuan. So what is the comprehensive strength of this car?

Roewe D7 EV combines the current mainstream aesthetic elements in design, with a family-style closed grille design on the front face. The split LED headlight group supports automatic headlights, light delay and height adjustment, which can be said to bring great convenience to driving at night. The air inlet with trapezoidal outline of the front lip makes the front face look fashionable.

Roewe D7 EV’s roof adopts a sliding back shape, and the door handle adopts a pop-up design, which can reduce the wind resistance. These are the common design languages of pure electric cars at present. The window is wrapped with silver trim, and the blackened B and C columns are matched with the five-spoke wheel hub, which is quite simple in style. In addition, the exterior rearview mirror has the functions of heating, electric folding, reversing and automatic folding. The design of the tail has some coupe charm as a whole, the top of the trunk is designed with a slightly upturned duckling tail, and the split taillight group is equipped with a spiral wave-shaped light strip structure, which looks very layered after lighting. The license plate frame area has a concave design, and the lower enclosure is equipped with a thick black decorative board, which embellishes the three-dimensional sense of the rear of the car.

When I entered the car, the first thing I felt was that the Roewe D7 EV was covered with soft materials, and the regular stitching at the corners made me feel that the luxury inside the car was well interpreted. The 12.3(10.25)-inch LCD instrument and the 12.3-inch central control panel form a central control dual screen, with built-in Zebra Zhixing vehicle intelligent system, which supports GPS navigation system, voice recognition, navigation road information display, tire pressure monitoring system, mobile App remote control, Bluetooth/car phone, car networking, OTA upgrade and other functions, and also supports many third-party apps such as Cool Music, Litchi Blog, Netease Cloud Music and Himalaya. It is worth mentioning that using voice can give multiple instructions at a time, so that you can make corresponding actions or judgments according to your instructions, which not only brings convenient operation experience, but also is full of scientific and technological atmosphere.

A lot of mechanical buttons and traditional start buttons are cancelled on the center console, and the air conditioning control buttons are still kept, which is convenient and quick to use. The central armrest has two panels for wireless charging of mobile phones, two cup holders, a storage space with good depth and an armrest box.

Roewe D7 EV is equipped with active safety early warning system, active braking system, lane keeping auxiliary system and lane keeping center system, and the whole system is equipped with front airbag and passive protection of side airbag curtain. There are also basic driving functions such as rear parking radar, 360 panoramic image, cruise control, reversing image and transparent image of chassis. The model I test-drive this time is Roewe D7 EV 2023 510 rear-drive flagship version, which has L2-class assisted driving, full-speed adaptive cruise, adaptive cruise, lane departure warning, front collision warning, lane keeping auxiliary system, lane keeping in the middle and active braking, etc. It is also equipped with 4 ultrasonic radars and 5 external cameras, which can be of obvious help to novices or unfamiliar congested road sections.

In terms of power, Roewe D7 EV is equipped with two kinds of motors. The model I test-drive is Roewe D7 EV 2023 510 rear-drive flagship version, which is equipped with a rear single motor. The maximum power is 145kW, the peak torque is 310N·m, the maximum speed is 170km/h, and the official 100 km acceleration time is 7.3 seconds. It uses a 59.2kWh lithium iron phosphate battery pack, and CLTC has a pure electric cruising range of 510km. Roewe D7 EV has three driving modes: economy, comfort and sports. In sports mode, the speed is very light when starting, and the accelerator pedal is slammed, which has a good feeling of pushing back. The front McPherson independent suspension and the rear multi-link independent suspension, combined with the rear drive system, basically keep the overall driving feeling in a comfortable state. When driving through some corners, the steering feel is light, which is more suitable for home use, and the suspension has a supporting effect on the vehicle, including a good shock filtering effect when encountering some speed bumps or potholes. When the vehicle speed is 100km/h, you can still feel the obvious momentum when you step on the accelerator pedal deeply, and the driving is stable without the feeling of shaking and drifting. The brake foot feels the same as the accelerator pedal, and you can control it as much as you step on it, without taking time.

Roewe D7 EV has a body size of 4890/1872/1510mm and a wheelbase of 2810mm, and is positioned as a medium-sized car. Roewe D7 EV 2023 510 Rear Drive flagship seats are wrapped in leather, and the filler is thick and soft. Front seat electric front and rear/height adjustment, co-pilot boss button, front seat heating, main driver seat ventilation/memory and other functions, and the front seat is flat, and the rear seat also supports 4/6 ratio down. In terms of space performance, I am 178cm tall and sit in the front row, with room for one punch on the top of my head, one punch on the back row and two punches on my legs. The space in the whole car is more than enough for home use, and the back-sliding design does not bring oppression to the back row.

In terms of car purchase suggestions, the official guide price of Roewe D7 EV 2023 510 rear-drive flagship version is 159,800 yuan, and the news from the car-knowing emperor is as high as 16,000 yuan, and the price after the discount is 143,800 yuan. Compared with Roewe D7 EV 2023 510 rear-drive excellent edition, it is only 10,000 yuan more, but it is equipped with L2-class assisted driving, adaptive cruise, full-speed adaptive cruise, lane departure warning, front collision warning, active braking, lane keeping auxiliary system, lane centering, openable panoramic sunroof, 12.3-inch instrument, seat heating, ventilation, memory and other rich configurations. It can be seen that these configurations are given to drivers whether they are manipulating or not.

From the above comprehensive interpretation of Roewe D7 EV, as a pure electric medium-sized car, it can be regarded as a rare sincere work at the same price. Whether it is dynamic in appearance, luxurious in interior and rich in configuration, it can be said that it can meet the driving needs whether it is daily travel or short-distance travel. At the same time, the safety assistance system also improves the safety and convenience of driving. The pricing is also very friendly. You can start a pure electric medium-sized car without 150,000 yuan. Interested friends may wish to go to the local offline store for a test drive experience.

Malaysian palm oil: the impact of production and export, weakening under pressure.

[Market trends of palm oil and soybeans] BMD palm oil fell by RM 53 to RM 3,848/ton. CBOT soybeans rose 11 cents to 1011.75 cents per bushel. CBOT soybean oil rose 0.6 cents to 39.87 cents per pound. According to data released by the Indian Solvent Extractors Association on Thursday, the country’s palm oil imports in August fell by more than a quarter from the previous month to 797,482 tons, down 26% from 1,081,730 tons in July. As domestic stocks were abundant and refining profits were negative, edible oil refiners cut back on purchases. The US Department of Agriculture released the September supply and demand report on Thursday, and the global palm oil ending inventory in 2024/25 is estimated to be 17.574 million tons; The global palm oil ending inventory in 2023/24 is estimated to be 18.253 million tons. Among them, the ending inventory of Indonesian palm oil in 2024/25 is estimated to be 6.478 million tons; The ending inventory of palm oil in Indonesia in 2023/24 is estimated to be 7.138 million tons. According to the latest data from the Southern Peninsula Palm Oil Crushers Association, the palm oil production in Malaysia decreased by 3.54% from September 1 to 10, 2024, the unit yield of fresh oil palm fruit string decreased by 3.23%, and the oil yield decreased by 0.06%. Monitoring data show that on September 12th, Indonesian crude palm oil reported US$ 1,005, Malaysian crude palm oil was equivalent to US$ 923, and Indonesian Malay spread was US$ 82, which was the same as last day.The price difference in the same period last week was $79. The monitoring data showed that on September 12th, Argentina’s soybean oil reported 923 dollars, Malaysia reported 970 dollars in 24 degrees, and the oil price difference between soybean and palm was-47 dollars, up 23 dollars from-70 dollars in the previous day. In the same period last month (September 12th), the spread was-12 USD, while in the same period last year (September 12th), the spread was 63 USD. Affected by the seasonal increase in output and the continued slowdown in exports, the horse palm continued to be under pressure and weakened after the shock consolidation, with the support of RM 3,800 below. In terms of US soybeans, the market expects the monthly report or maintains the US soybean yield forecast unchanged, which is still 53.2 pu/acre, and the forecast range is from 52 pu/acre to 54.9 pu/acre. In the early stage of the market, the high yield of American soybeans was continuously digested. It is expected that the report will have little impact, and CBOT soybeans will support around 970 cents below. Domestically, at this stage, the market procurement is light, the pattern of contract execution by factories remains unchanged, the spot basis quotation falls steadily, and some areas weaken slightly. In terms of vegetable oil, the prices of high-quality rapeseed in Jiangsu and Sichuan areas along the Yangtze River have been slightly raised, which has aggravated the market’s worries. In some areas, the price has been raised, and the basis quotation has fallen steadily. Operation suggestion: shock adjustment, palm oil 7700-7800, soybean oil 7600-7800, vegetable oil 8800-9100.